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485 W Matheson Dr, Key Biscayne, FL 33149

TROPICAL ISLE HOMES RESUB · Miami-Dade County

Key Facts

5Beds
9Baths
16,148Sq Ft
1981Year Built
2Garage

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.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

TriLevel

Year Built

1981

Living Area

16,148 sq ft

Lot Size

103,775 sq ft

Garage Spaces

2

Days on Market

43

MLS® Listing#

A12005335

Property Features

Interior

BidetBuilt-in FeaturesEntrance FoyerWalk-In Closet(s)ElevatorMaster Downstairs

Exterior

BalconyLightingOther

Appliances

DryerDishwasherElectric Water HeaterDisposalGas RangeOtherRefrigeratorWasher

Cooling

Central AirElectric

Heating

CentralElectric

Flooring

MarbleTerrazzoVinyl

Pool

Other

Parking

AttachedCircular DrivewayGarageOther

Patio

DeckPatio

Lot Features

Waterfront

Construction

Block

Roof

Concrete

Security

Smoke Detector(s)

Community

Other

Utilities

Cable Available

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$716,882

Tax year 2025

Parcel Number

24-42-32-007-0010

Affordability Calculator

$47,400,000

Estimated monthly payment

$1,261,414/mo

Principal $189,600,000 · Est. interest $264,508,871 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Key Biscayne, FL

$944,792
Median Listing Price
122
Median Days on Market
1,554
Median Sq Ft
$700
Median Price / Sq Ft
811
Active Listings
  • This home’s price is 24985% above the area median.
  • Its price per sq ft is 1997% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Key Biscayne, FL.

Location

Map showing the location of 485 W Matheson Dr, Key Biscayne, FL 33149

Points of Interest in Key Biscayne, FL

Showing the Key Biscayne area map.

Nearby Schools

  • Key Biscayne K-8 Center

    Elementary · 0.5 mi away

  • Key Biscayne Community Church

    School · 0.6 mi away

  • Key Biscayne Presbyterian School

    School · 0.7 mi away

  • St. Agnes Academy

    School · 0.8 mi away

  • St Christophers Montessori

    Elementary · 0.8 mi away

  • Rosenstiel School of Marine and Atmospheric Science

    School · 2.9 mi away

  • Mast Academy

    School · 3.3 mi away

  • Amikids Miami-Dade

    Secondary · 3.4 mi away

  • Immaculata-La Salle High School

    Secondary · 4.2 mi away

  • Ransom Everglades School

    School · 4.6 mi away

  • La Prima Casa Montessori

    Elementary · 4.7 mi away

  • Hult International Business School

    Secondary · 4.8 mi away

  • Gordon Schools

    Elementary · 4.8 mi away

  • La Prima Casa Montessori School

    Elementary · 4.8 mi away

  • Mca Academy

    School · 4.9 mi away

  • Kidshive Preschool

    School · 4.9 mi away

  • Ransom Everglades School

    Secondary · 4.9 mi away

  • Saint Stephens Coconut Grove

    School · 4.9 mi away

  • Village Montessori Day School

    Elementary · 4.9 mi away

  • St Stephen's Episcopal Day School

    School · 4.9 mi away

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EXIT Agents in Key Biscayne

Listing Courtesy: Coldwell Banker Realty - 305-915-2556

Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MiamiAssociationOfRealtors. MLS® Listing#A12005335. © 2026EXIT Realty®. All rights reserved.