485 W Matheson Drive, Key Biscayne, FL 33149

$237,000,000
Property Type: Residential Bedrooms: 5 Baths: 9 Square Footage: 16,148 Status: Active
Current Price: $237,000,000 List Date: 5/04/2026 Last Modified: 5/31/2026

Overview

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 c ...

Listing Details MLS# A12005335

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
9
Bathrooms Full
7
Bathrooms Half
2
Building Area Main
16148
Living Area Main
11528
Adjusted Area Main
13599
Year Built
1981
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Lot Size Area
103775
Lot Size Acres
2.38
Lot Size Dimensions
103775
Senior Community YN
No
Waterfront YN
Yes
Water Frontage Feet
862
Outdoor Living Spaces YN
Yes
Direction Faces
Southeast
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Breakfast Area; Dining/Living Room Exterior Features: Lighting; Other Flooring: Marble; Terrazzo; Vinyl Parking Features: Circular Driveway; Attached; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Gas Range; Refrigerator; Washer; Other Water Heater Details: Electric Water Heater Architectural Style: Split Level Boat and Dock Features: Private Dock Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Interior Features: Bedroom Layout - Split; Built-in Features; Closet Cabinetry; Elevator; Entrance Foyer; Storage; Walk-In Closet(s) Listing Terms: Cash; Conventional Other Equipment: Intercom; Other Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Free Form Possession: Negotiable Restrictions: No Restrictions Roof: Concrete Security Features: Smoke Detector(s) Sewer: Public Sewer Special Information: Property Survey Available Tax Information: City/County Utilities: Cable Available View: Pool Water Access: Ocean Access Water Source: Public Water View: Bay; Direct Ocean; Ocean Waterfront Features: Bayfront; Ocean Front Window Features: Sliding; Other Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony; Deck; Patio Balcony Details: Balcony - Open Room Types: Family Room; Laundry; Other Acreage Description: 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
237000000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
485
Street Direction Prefix
W
Street Name
Matheson
Street Suffix
Drive
City Name
Key Biscayne
Municipal Code
24
State Or Province
FL
Postal Code
33149
Postal Code +4
1724
Postal Zip
33149
Subdivision Name
TROPICAL ISLE HOMES RESUB
Area
2520
Elementary School
Key Biscayne K-8
Middle Or Junior School
Ponce De Leon
High School
Coral Gables
Parcel Number
2442320070010
Subdivision Number
7
Zoning
2000
Flood Zone
AE

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
716882
Tax Year
2025
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

Status Change Information

Major Change Timestamp
2026-05-04T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-05-04

More Information

Boat and Dock Information

Dock
Yes

Section Details

Parcel Number MLX
0010

Originating Details

Originating System Key
457520302
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Amenities

Other
Yes

Dining Area

Breakfast Area
Yes
Dining/Living Room
Yes

Exterior Features

Lighting
Yes
Other
Yes

Flooring

Marble
Yes
Terrazzo
Yes
Vinyl
Yes

Parking Features

Circular Driveway
Yes
Attached
Yes
Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Special Information

Property Survey Available
Yes

Utilities

Cable Available
Yes

View

Pool
Yes

Heating

Central
Yes
Electric
Yes

Water Access

Ocean Access
Yes

Water View

Bay
Yes
Direct Ocean
Yes
Ocean
Yes

Window Features

Sliding
Yes
Other
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Gas Range
Yes
Refrigerator
Yes
Washer
Yes
Other
Yes

Construction Materials

CBS
Yes

Interior Features

Bedroom Layout - Split
Yes
Built-in Features
Yes
Closet Cabinetry
Yes
Elevator
Yes
Entrance Foyer
Yes
Storage
Yes
Walk-In Closet(s)
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Other Equipment

Intercom
Yes
Other
Yes

Pool Features

Free Form
Yes

Roof

Concrete
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes

Waterfront Features

Bayfront
Yes
Ocean Front
Yes

Water Heater Details

Electric Water Heater
Yes

Architectural Style

Split Level
Yes

Boat and Dock Features

Private Dock
Yes

Cooling

Central Air
Yes
Electric
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Master Bedroom/Bath

Bidet
Yes
Combo Tub/Shower
Yes
Dual Sinks
Yes
Master Bdrm - Ground
Yes
Master Bdrm - Sitting
Yes
Master Bdrm - Upstairs
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

No Restrictions
Yes

Pool Size Details

Pool Size (WxL)
No

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes
Deck
Yes
Patio
Yes

Balcony Details

Balcony - Open
Yes

Room Types

Family Room
Yes
Laundry
Yes
Other
Yes

Acreage Description

2 To Less Than 3 Acre Lot
Yes

Room Information

Room Name
Family Room
Other
Laundry
IDX
Listing Office: Coldwell Banker Realty
Last Updated: May - 31 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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