Live Listing

485 W Matheson Drive

Key Biscayne, FL 33149 TROPICAL ISLE HOMES RESUB

List Price $237,000,000
PROPERTY DESCRIPTION

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.

PROPERTY DETAILS

Property Details

Listing Information

MLS ID
A12005335
Listing Status
Active
Property Type
Single Family Residence
Bedrooms
5
Bathrooms
8
Living Area
11,528 sq ft
Lot Size
103,775 sq ft
Year Built
1981
Community
TROPICAL ISLE HOMES RESUB
County
Miami-Dade

Property Features

Interior Features
Built-in Features, Entrance Foyer, Elevator, Walk-In Closet(s), Bedroom Layout - Split, Closet Cabinetry, Storage
Exterior Features
Lighting, Other, Balcony
Appliances
Electric Water Heater, Dryer, Disposal, Dishwasher, Gas Range, Other, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Parking
Circular Driveway, Garage, Attached Garage, Attached
Waterfront
True
Waterfront Features
Ocean Access, Bayfront, Ocean Front
View
Pool, Bay, Direct Ocean, Ocean
Property Tax
$716,882 (2025)
Evelyn Yang South Florida Real Estate
Evelyn Yang 561.972.3158
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