MIAMI LUXHomes

485 W Matheson Dr, Key Biscayne, FL 33149

$237,000,0005 Beds9 Baths11,528 Sq. Ft.$20,559 / sq. ft.

Key Biscayne, FL 33149 · TROPICAL ISLE HOMES RESUB

Status
Active
Type
Single Family Residence
Year Built
1981
Days on Market
128
Lot Size
103,775 sqft
MLS #
A12005335
County
Miami-Dade County

About 485 W Matheson Dr, Key Biscayne, FL 33149

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.

How This Listing Compares in Key Biscayne

Per square foot, it is asking 2035% above the Key Biscayne median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

This homeKey Biscayne median (12 mo)
Price per sq. ft.$20,559$963
5-bedroom price$237,000,000$5,690,000
Days on market12861

Medians from closed MLS sales in Key Biscayne; a starting point, not an appraisal.

Home Features at 485 W Matheson Dr, Key Biscayne, FL 33149

Bathrooms Full
7
Bathrooms Half
2
Interior Features
Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Family Room, Other, Storage, Utility Room/Laundry
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
Flooring
Marble, Terrazzo, Vinyl
Heating
Central, Electric
Cooling
Central Air, Electric
Furnished
Unfurnished
Architectural Style
Attached, Multi Level
Garage Spaces
2
Attached Garage
Yes
Parking Features
Circular Driveway, Other
Pool Features
Free Form
Pool Private
No
Year Built Details
Resale
Direction Faces
Southeast

The Building at 485 W Matheson Dr, Key Biscayne, FL 33149

Building Name
TROPICAL ISLE HOMES RESUB
Building Area Total
16148
Building Area Units
Square Feet
Association
No
Pets Allowed
Yes
Security Features
Smoke Detector

Lot, Views & Construction at 485 W Matheson Dr, Key Biscayne, FL 33149

Lot Features
2 To Less Than 3 Acre Lot
Lot Size Square Feet
103,775
Waterfront
Yes
Waterfront Features
Ocean Access, Ocean Front
Frontage Length
862
View
Bay, Ocean, Direct Ocean, Pool
Construction Materials
CBS Construction
Roof
Concrete
Exterior Features
Lighting, Open Balcony, Other
Sewer
Public Sewer
Water Source
Municipal Water
New Construction
No

Taxes & Public Record for 485 W Matheson Dr, Key Biscayne, FL 33149

Parcel Number
24-42-32-007-0010
Tax Annual Amount
$716,882
Tax Year
2,025
Tax Legal Description
32 54 42 & 5 6 55 42 TROPICAL ISLE HOMES RESUB 3RD ADDN PB 52-27 LOT 1 & S1/2 OF LOT 2 BLK 17 & A TRACT OF SUBMERGED LAND LYG IN BISC BAY 6
Zoning
2000
County Or Parish
Miami-Dade County

Map & Neighborhood

485 W Matheson Dr, Key Biscayne, FL 33149 · More homes in Key Biscayne

Courtesy of Coldwell Banker Realty

485 W Matheson Dr, Key Biscayne, FL 33149 at a Glance

Offered for sale in Key Biscayne 33149, 485 W Matheson Dr is a single family home with 5 bedrooms, 9 bathrooms, about 11,528 square feet of living space, dating to 1981. The asking price is $237,000,000, on the market since May 4, 2026, with Coldwell Banker Realty as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.