485 W Matheson Dr - Image 1
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$237,000,000

485 W Matheson Dr

Key Biscayne, FL 33149Miami-Dade CountyTROPICAL ISLE HOMES RESUB
Single Family ResidenceFor SaleActive

Property Highlights

5 / 9.2

Beds / Baths

11,528

Square Feet

2.38

Acres

1981

Year Built

About This Property

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.

Property Details

Year Built1981
Living Area11,528 sqft
Lot Size2.38 acres

Listing Information

MLS IDA12005335
MLS NameMiamiAssociationOfRealtors
Sale TypeFor Sale
Days on Market20 days
Last UpdatedMay 20, 2026
Price ChangedApr 21, 2026

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Quick Stats

Property Type:Single Family Residence
Status:Active
Listed:N/A