Aquantis Realty

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Offered at

$237,000,000

485 W Matheson Drive, Key Biscayne, FL 33149

5
Beds
7
Full Baths
2
Half Baths
11,528
Sq.Ft.
MLS A12005335

Listing courtesy of Jill H Eber, Coldwell Banker Realty

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.

Overview

At a glance

Property Type
Residential
Property Sub-Type
Single Family Residence
Address
485 W Matheson Drive, Key Biscayne, FL 33149
Zoning
2000
MLS ID
A12005335
Listing Date
2026-05-04
Last Updated
5/31/2026, 9:04:53 PM
Days on Market
36
Subdivision
TROPICAL ISLE HOMES RESUB

Features & Amenities

The Details

Interior

Bedrooms
5
Full Bathrooms
7
Half Bathrooms
2
Flooring
Marble, Terrazzo, Vinyl
Appliances
Electric Water Heater, Dryer, Disposal, Dishwasher, Gas Range, Other, Refrigerator, Washer
Interior Features
Built-in Features, Entrance Foyer, Elevator, Walk-In Closet(s), Bedroom Layout - Split, Closet Cabinetry, Storage
Windows
Other, Sliding

Exterior

Construction
CBS
Exterior Features
Lighting, Other, Balcony
Patio & Porch
Deck, Patio
Pool
Free Form
Parking
Circular Driveway, Garage, Attached Garage, Attached
Garage Spaces
2
Water Source
Public
Sewer
Public Sewer
Utilities
Cable Available
Cooling
Central Air, Electric
Heating
Central, Electric
Security
Smoke Detector(s)

Details

Building Area
16,148 sq.ft.
Lot Size
103,775 sq.ft.
Lot Size (Acres)
2.38 acres
Subdivision
TROPICAL ISLE HOMES RESUB
Architectural Style
Split Level
Year Built
1981
View
Pool, Bay, Direct Ocean, Ocean
Waterfront
Ocean Access, Bayfront, Ocean Front
Direction Faces
Southeast
County
Miami-Dade
Zoning
2000

Financial

List Price
$237,000,000
Original List Price
$237,000,000
Annual Tax
$716,882/yr
Tax Year
2025

Location

Your agent

Stephanie Mordes

Stephanie Mordes

VP — Sales

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Information & Accuracy

All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.