$237,000,000
485 W Matheson Drive, Key Biscayne, FL 33149
Tropical Isle Homes Resub
Beds
5 Beds
Baths
8 Baths
Living Area
11,528 Sq Ft
Lot
2.38 acres
Built
1981
Days Listed
50
Price Per Sq Ft
$20,559/sqft
Listed
May 4, 2026
Garage
2 spaces
Property Type
Single Family Residence
Property Overview
This 5-bedroom waterfront single family residence at 485 W Matheson Drive, Key Biscayne, FL 33149 in the Tropical Isle Homes Resub community on 2.38 acres with 11,528 square feet of living area, built in 1981 is listed for $237,000,000. Notable MLS signals include Dock / Boat Access, Ocean Access, Pool.
MLS Public Remarks
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.
Key Biscayne Property Snapshot
Property Type
Residential
Sub Type
Single Family Residence
Total Baths
8
Building Area
16,148 sq ft
Lot Size
103,775 sq ft
Lot Profile
2 To Less Than 3 Acre Lot
Condition
Resale
MLS #
A12005335
Waterfront, Boating & Outdoor
Waterfront
Yes
Waterfront
Ocean Access, Bayfront, Ocean Front
Dock
Yes
Boat Features
Private Dock
Private Pool
Yes
Pool Features
Free Form
View
Pool, Bay, Direct Ocean, Ocean
Patio / Porch
Deck, Patio
Interior & Construction
Interior Features
Built-in Features, Entrance Foyer, Elevator, Walk-In Closet(s), Bedroom Layout - Split, Closet Cabinetry, Storage
Primary Bedroom
Bidet, Combo Tub/Shower, Dual Sinks, Master Bdrm - Ground, Master Bdrm - Sitting, Master Bdrm - Upstairs
Rooms
Family Room, Laundry, Other
Appliances
Electric Water Heater, Dryer, Disposal, Dishwasher, Gas Range, Other, Refrigerator, Washer
Flooring
Marble, Terrazzo, Vinyl
Construction
CBS
Heating
Central, Electric
Cooling
Central Air, Electric
Furnished
Unfurnished
Parking, HOA & Rules
Garage Spaces
2
Parking Features
Circular Driveway, Garage, Attached Garage, Attached
Community / Access
Other
Pets Allowed
Yes, No Restrictions
Restrictions
No Restrictions
Taxes, Utilities & MLS
Annual Taxes
$716,882
Tax Year
2025
Parcel Number
2442320070010
Zoning
2000
County
Miami-Dade
MLS Area
2520
Sewer
Public Sewer
Water Source
Public
Utilities
Cable Available
Photos
82
Listing courtesy of Coldwell Banker Realty
Listing Agent: Jill H Eber
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS. Real estate listings held by brokerage firms other than Levin Investments, Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Data provided is deemed reliable but is not guaranteed. All information is subject to change and should be independently verified.
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