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
Price:
$237,000,000
MLS #:
A12005335
Status:
Active
Beds:
5
Baths:
7.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
TROPICAL ISLE HOMES RESUB
Neighborhood:
tropicalislehomesresub
Listed Date:
May 4, 2026
Finished Sq Ft:
11,528
Total Sq Ft:
16,148
Year Built:
1981
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
Bathrooms
7 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Electric
Flooring
Marble, Terrazzo, Vinyl
Heating
Central, Electric
Interior Features
Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Family Room, Other, Storage, Utility Room/Laundry
Laundry Features
Utility Room/Laundry
Exterior
Architectural Style
Attached, Multi Level
Attached Garage YN
1
Community Features
Other
Construction Materials
CBS Construction
Covered Spaces
2
Direction Faces
Southeast
Exterior Features
Lighting, Open Balcony, Other
Garage Spaces
2
Lot Features
2 To Less Than 3 Acre Lot
Open Parking YN
1
Parking Features
Circular Driveway, Other
Patio And Porch Features
Deck, Open Balcony, Patio
Roof
Concrete
Security Features
Smoke Detector
View
Bay, Ocean, Direct Ocean, Pool
Waterfront Features
Ocean Access, Ocean Front
Window Features
Picture Window, Sliding
Financial
Tax Year
2025
Taxes
$716,882
Map
Community
- Address485 W Matheson Dr Key Biscayne FL
- SubdivisionTROPICAL ISLE HOMES RESUB
- CityKey Biscayne
- CountyMiami-Dade County
- Zip Code33149
Subdivisions in Key Biscayne
- 155 SUNRISE CONDO
- 544-548 FERNWOOD CONDO
- BAHAMA HOUSE CONDO,Bahama House
- BAHAMA HOUSE SOUTH CONDO
- BAHIA MAR CONDO OF KEY BI
- BISCAYNE KEY ESTATES
- BLUE PELICAN CONDO
- CAPE FLA CLUB CONDO CLUST
- CAPE FLA SUB SEC 2
- CAPE FLORIDA CLIB CONDO P
- CAPE FLORIDA CLUB CONDO P
- CAPE FLORIDA CLUB CONDO P,CAPE FLORIDA CLUB
- CAPE FLORIDA SUB SEC 1
- CAPE FLORIDA SUB SEC 1,CAPE FLORIDA SUB
- CAPE FLORIDA SUB SEC 3
- CAPE FLORIDA SUB SEC 3,Village Estate
- CASA DEL MAR
- CASA DEL MAR CONDO
- CASA DEL MAR CONDO,CASA DEL MAR
- CAY POLYNESIA CONDO
- CLUB TOWER ONE CONDO
- CLUB TOWER ONE CONDO,Ocean Club
- CLUB TOWER ONE CONDO,THE OCEAN CLUB
- CLUB TOWER THREE CONDO
- CLUB TOWER TWO CONDO
- CLUB TOWER TWO CONDO,Ocean Club
- CLUB TOWER TWO CONDO,THE OCEAN CLUB
- COMMODORE CLUB SOUTH COND
- COMMODORE CLUB SOUTH COND,COMMODORE CLUB SOUTH
- COMMODORE CLUB WEST CONDO
- Crandon Tower Condo
- Fernwood Homes Condo
- G B VILLAS
- GALEN BREAKERS CONDO
- GALEN BREAKERS CONDOMINIU
- GALEN BREAKERS CONDOMINIU,GALEN BREAKERS CONDO
- Galen Drive Condo Apt
- GALEN DRIVE CONDO APTS
- GRAND BAY RESIDENCES COND
- GRAND BAY RESIDENCES COND,GRAND BAY
- GRAND BAY RESIDENCES COND,Grand Bay Residences
- GRAND BAY TOWER CONDO
- GRAND BAY TOWER CONDO,GRAND BAY TOWER COND
- GRAPETREE TOWNHOUSE CONDO
- HOLIDAY COLONY
- HURRICANE COVE
- INDIES CONDO
- ISLAND HOUSE
- ISLAND HOUSE APT INC – CO
- ISLAND HOUSE APT INC – CO,Island House Apt Inc
- KEY BISC AMBASSADOR CONDO
- KEY BISC AMBASSADOR CONDO,KEY BISC AMBASSADOR
- Key Biscayne Ambassador,KB Ambassador
- KEY BISCAYNE COMMODORE CL
- KEY BISCAYNE COMMODORE CL,COMMODORE CLUB ONE
- KEY BISCAYNE COMMODORE CL,Commodore East
- KEY BISCAYNE COMMODORE CL,KEY BISCAYNE COMMODO
- KEY BISCAYNE ONE HUNDRED
- KEY BISCAYNE VI CONDO
- KEY BISCAYNES COMMODORE C
- KEY BISCAYNES COMMODORE C,KEY BISCAYNES COMMOD
- KEY CASSA CONDOMINIUMS
- KEY COLONY CONDO #4
- KEY COLONY CONDO #4,KEY COLONY CONDO 4
- KEY COLONY NO 1
- KEY COLONY NO 1,KEY COLONOY 1
- KEY COLONY NO 1,Key Colony
- KEY COLONY NO 2 CONDO
- KEY COLONY NO 2 CONDO,KEY COLONY NO 2
- KEY COLONY NO 2 CONDO,KEY COLONY NO 2 COND
- KEY COLONY NO 4 CONDO
- KEY COLONY NO 4 CONDO,BOTANICA/FERNERY
- KEY COLONY NO 4 CONDO,KEY COLONY NO 4 COND
- KEY COLONY TIDEMARK
- KEY ISLANDER CONDO
- KEY ISLANDER CONDO,Key Islander Condo
- Key Islander Condominium,Key Islander Condomi
- KEY TOWNHOUSE CONDO
- LAKE TOWER CONDO
- LAKE TOWER CONDO,Lake Tower
- LAKE VILLA ONE CONDO,The Ocean Club
- LAKE VILLA THREE CONDO
- LAKE VILLA THREE CONDO,LAKE VILLA THREE CON
- LAKE VILLA TWO CONDO
- Le Phare Condo,Le phare
- LE PHARE KEY BISCAYNE CON
- Mar Azul,Mar Azul Condo
- MAR-AZUL CONDO
- MASHTA ISLAND
- MASHTA ISLAND A REPLAT OF
- MATHESON ESTATES
- MATHESON ESTATES,MATHESON STATES
- OCEAN DRIVE MANORS INC CO,OCEAN DRIVE MANORS I
- OCEAN LANE PLAZA CONDO
- OCEAN TOWER ONE CONDO
- OCEAN TOWER TWO CONDO
- OCEAN TOWER TWO CONDO,Ocean Club
- OCEAN TOWER TWO CONDO,THE OCEAN CLUB
- OCEAN VILLAGE CONDO
- OCEAN VILLAGE CONDO,OCEAN VILLAGE
- OCEAN VILLAGE CONDO,Ocean Village Condo
- OCEANA KEY BISCAYNE CONDO
- OCEANA KEY BISCAYNE CONDO,OCEANA
- OCEANA KEY BISCAYNE CONDO,OCEANA KEY BISCAYNE
- RESORT VILLA ONE CONDO
- RESORT VILLA ONE CONDO,RESORT VILLA ONE CON
- RESORT VILLA TWO CONDO
- RESORT VILLA TWO CONDO,RESORT VILLA TWO CON
- RESORT VILLA TWO CONDO,The Ocean Club
- SANDS OF KEY BISCAYNE CON
- SMUGGLERS COVE
- SOLIMAR CONDO OF KEY BISC
- SUNRISE CLUB CONDO
- SUNRISE CLUB CONDO,100 SUNRISE
- SUNRISE MANOR CONDO
- THE EMERALD BAY
- THE EMERALDBAY @ KEY COLO
- THE EMERALDBAY @ KEY COLO,KEY COLONY
- THE EMERALDBAY @ KEY COLO,THE EMERALD BAY
- THE EMERALDBAY @ KEY COLO,THE EMERALDBAY @ KEY
- THE EMERALDBAY @ KEY COLON
- THE EMERALDBAY KEY COLONY
- The Ocean Club
- THE PALMS OF KEY BISCAYNE
- THE PYRAMIDS @ KEY BISCAY
- TIDEMARK KEY COLONY NO 1,Key Colony
- TOWERS OF KEY BISCAYNE CO
- TOWERS OF KEY BISCAYNE CO,The Towers of Key Bi
- TOWERS OF KEY BISCAYNE CO,TOWERS OF KEY BISCAY
- TOWERS OF KEY BISCAYNE CON
- TROPICAL ISLE HOMES SUB
- TROPICAL ISLE HOMES SUB 1
- TROPICAL ISLE HOMES SUB 1,TROPICAL ISLE HOMES
- TROPICAL ISLE HOMES SUB 2
- TROPICAL ISLE HOMES SUB 2N
- TROPICAL ISLE HOMES SUB 3
- TROPICAL ISLE HOMES SUB 3,TROPICAL ISLE HOMES
- TROPICAL ISLE HOMES SUB 4
- TROPICAL ISLE HOMES SUB 4,TROPIAL ISLE HOMES
- VILLAHARBOUR APTS CONDO
Market Summary
Current real estate data for Single Family in Key Biscayne as of May 13, 2026
56
Single Family Listed
163
Avg DOM
2,537
Avg $ / SqFt
$13,537,768
Avg List Price
Property Summary
- Located in the TROPICAL ISLE HOMES RESUB subdivision, 485 W Matheson Dr Key Biscayne FL is a Single Family for sale in Key Biscayne, FL, 33149. It is listed for $237,000,000 and features 5 beds, 8 baths, and has approximately 11,528 square feet of living space, and was originally constructed in 1981. The current price per square foot is $20,559. The average price per square foot for Single Family listings in Key Biscayne is $2,537. The average listing price for Single Family in Key Biscayne is $13,537,768. To schedule a showing of MLS#a12005335 at 485 W Matheson Dr in Key Biscayne, FL, contact your Julien Drieu agent at 7862380927.
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