485 W Matheson Dr

485 W Matheson Dr Key Biscayne 33149
5 bedrooms | 7 bathroom | 1 half bath | 11,528 sqft

$237,000,000

Property Details

MLS #
A12005335
Unit #
Address
485 W MATHESON DR  map  
Bedrooms
5
Bathrooms
7
Half Baths
1
Living Area (f2)
11,528
Living Area (M2)
1,071
Lot Size (f2)
103,775
Year Built
1981
Waterfront
Yes
Status
Active
Listing Type
Single Family
Maintenance Fee
$0
Complex
TROPICAL ISLE HOMES RESUB
Days On Market
6
Pool
Yes
Pets Allowed
N/A
Parking Spaces
2

Magic City Realtors

Broker
Magic City Realtors

 305-570-4898 

Inquire About this Property

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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.

Property Amenities

Equipment

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Other Equipment/Appliances
  • Gas Range
  • Refrigerator
  • Washer

Interior Features

  • Built-in Features
  • Closet Cabinetry
  • Elevator
  • Entrance Foyer
  • Split Bedroom
  • Walk-In Closet(s)
  • Family Room
  • Other
  • Storage
  • Utility Room/Laundry

Exterior Features

  • Lighting
  • Open Balcony
  • Other

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Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
02/25/2026 $8,200,000 $8,925,000 6 6
12/11/2025 $6,275,000 $6,495,000 5 5
12/04/2025 $6,200,000 $6,399,000 5 5
12/03/2025 $5,265,000 $5,999,000 5 5

http://www.magiccityrealtors.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by Coldwell Banker Realty