485 W Matheson Dr, Key Biscayne, FL 33149

$237,000,000 · Active

MLS #A12005335

Price

$237,000,000

Status

Active

Bedrooms

5

Bathrooms

8

Living area

11,528 sq ft

Home type

Single Family Residence

Year built

1981

Lot size

2.38 acres

Full bathrooms

7

Half bathrooms

2

Private pool

Yes

Waterfront

Yes

County

Miami-Dade County

Garage spaces

2

Annual property taxes

$716,882

Subdivision

TROPICAL ISLE HOMES RESUB

Style

"Attached", "Multi Level"

Appliances & Equipment

Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Other Equipment/Appliances, Gas Range, Refrigerator, Washer · Other Equipment: Elevator, Intercom

Bathrooms

Full Bathrooms: 7 · Half Bathrooms: 2 · Bathrooms Total: 9

Bedrooms

Total Bedrooms: 5 · Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom

Building

Living Area: 11528 · Architectural Style: Attached, Multi Level · Construction Materials: CBS Construction · Year Built: 1981 · Year Built Details: Resale · Building Area Total: 16148 · Building Name: TROPICAL ISLE HOMES RESUB · Entry Location: Foyer · Furnished: Unfurnished · Structure Type: House

Community

Features: Other

Cooling

Cooling: Central Air, Electric

Exterior Features

Features: Lighting, Open Balcony, Other · Patio/Porch: Deck, Open Balcony, Patio

Floors

Flooring: Marble, Terrazzo, Vinyl

Garage

Garage · Garage Is Attached · Covered Spaces: 2 · Garage Spaces: 2

Water Features

Water Source: "Municipal Water"

Heating

Heating: Central, Electric

Interior Features

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

Lot

Square Feet: 103775 · Frontage Length: 862 · Frontage Type: Bay · Features: 2 To Less Than 3 Acre Lot

Parking

Open Parking · Features: Circular Driveway, Other

Pool

Pool Features: Free Form

Property

Leasable Area Units: Square Feet · View · View: Bay, Ocean, Direct Ocean, Pool · Waterfront · Waterfront Features: Ocean Access, Ocean Front

Roof

Roof: Concrete

Sewer

Sewer: Public Sewer

Windows

Features: Picture Window, Sliding

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About this home

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.

Courtesy of Coldwell Banker Realty.

Contact LPT Realty at (877) 366-2213 to ask about this home.