
Property photos —
485 W Matheson Drive, Key Biscayne, FL 33149
- Beds
- 5
- Baths
- 9
- Sqft
- 11,528
- Home type
- Single Family Residence
- Year built
- 1981
- Lot size
- —
- Price / sqft
- $20,559
- HOA
- —
- Community
- TROPICAL ISLE HOMES RESUB
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.
Listing activity
- Days on market
- —
- Listed
- —
- MLS listing updated
- Sep 9, 2026
- Feed last checked
- 6 minutes ago
Listed by Jill H Eber · Coldwell Banker Realty
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 5
- Bathrooms
- 9
Property
Not reported by the listing source.
Construction
Type & style
- Home type
- Single Family Residence
- Year built
- 1981
Utilities & green energy
Not reported by the listing source.
Community & HOA
Community
- Subdivision
- TROPICAL ISLE HOMES RESUB
Lease details
Not reported by the listing source.
Location
Area details
- City
- Key Biscayne
- County
- Miami-Dade
- ZIP code
- 33149
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12005335
Additional MLS details
Reported by the listing source
- Bathrooms Total Integer
- 9
- County Or Parish
- Miami-Dade
- List Price
- 237000000
- Living Area
- 11528
- Mls Status
- Active
- Postal Code
- 33149
- Property Sub Type
- Single Family Residence
- Property Type
- Residential
- Standard Status
- Active
- State Or Province
- FL
- Subdivision Name
- TROPICAL ISLE HOMES RESUB
- Bedrooms Total
- 5
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Sep 9, 2026 | Price updatedBeachesMLS | $237,000,000$20,559/sqft |
Public tax history
—
Payment calculator
- Principal & interest
- $1,229,742
- Property taxes
- $355,500
- Insurance
- $118,500
- Association dues
- —
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Neighborhood
Area
TROPICAL ISLE HOMES RESUBKey Biscayne · Miami-Dade County · 33149
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Not reported by the listing source.
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.Nearby homes
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MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
Property photos coming from MLS
MIAMI REALTORS® MLS
Property photos coming from MLS

MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
