485 Matheson Drive, Key Biscayne, FL 33149

$237,000,000 — Active

Property Features

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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

  • Listing ID: A12005335
  • Status: Active
  • Listing Date: 2026-05-04
  • Property Type: Single Family Residence
  • Subdivision: TROPICAL ISLE HOMES RESUB
  • County: Miami-Dade
  • MLS Area: 2520
  • Bedrooms: 5
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Living Area Sq Ft: 11,528
  • Lot Dimensions: 103775
  • Year Built: 1981

Financial

  • List Price: $237,000,000
  • HOA Fee: None
  • Taxes: $716,882/yr

Features & Amenities

  • View: Pool, Bay, Direct Ocean, Ocean
  • Furnished: Unfurnished
  • Pets Allowed: Yes, No Restrictions
  • Parking: Circular Driveway, Garage, Attached Garage, Attached
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Flooring: Marble, Terrazzo, Vinyl
  • Construction: CBS
  • Roof: Concrete
  • Interior Features: Built-in Features, Entrance Foyer, Elevator, Walk-In Closet(s), Bedroom Layout - Split, Closet Cabin
  • Exterior Features: Lighting, Other, Balcony
  • Community Amenities: Other

Courtesy of Coldwell Banker Realty
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© 2026 Starfish Real Estate. Listings updated Nov 8, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.