485 W Matheson DR Key Biscayne, FL 33149 Active

UPDATED: 06/17/2026 09:44 AM ON MARKET: 51 days on market

$237,000,000

5 Beds9 Baths11,528 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 11,528 sqft

Price per Sqft $20,558

Subdivision Tropical Isle Homes Resub

MLS Listing ID A12005335

Style Split Level

Bedrooms 5

Full Baths 7

Half Baths 2

Year Built 1981

Annual Tax Amount $716,882

Tax Year 2025

Lot Size 2.380 Acres

Property Sub-Type Single Family Residence

Property Description

485 W Matheson Drive is one of America's most iconic waterfront estates, representing a rare convergence of presidential history, cinematic legacy, and unparalleled waterfront scale. Set on approximately 2.38 acres with an extraordinary 862' of direct Biscayne Bay frontage, the property captures sweeping, unobstructed views of the Miami skyline and open bay, offering a level of presence and exclusivity rarely found in South Florida. Once the “Winter White House” of, the estate also achieved cinematic fame as the Frank Lopez residence in Scarface, with original architectural elements still preserved, including the iconic glass elevator. Offers 5BR + gym (can be converted to 6th BR) 7+2BA, and approximately 13,500 SF (per owner) across three levels, featuring soaring 24'+ ceilings, marble floors, and walls of glass framing breathtaking bay views. Expansive living, dining, and kitchen areas open to large terraces, creating seamless indoor-outdoor living ideal for both everyday comfort and grand-scale entertaining. Resort-style grounds include a piano-shaped saltwater pool, cabana bath, lush tropical landscaping, and expansive lawn areas with artfully integrated lighting extending the estate's experience well beyond sunset. A private marina, formerly a presidential helipad—features rare 3-phase power and dockage for yachts up to 200', plus over 34,000 SF of submerged land, making this one of Miami's most significant and irreplaceable waterfront holdings in the world.


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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed.