$237,000,000

485 W MATHESON DR #33149, KEY BISCAYNE, FL 33149

5 beds8 baths11,528 sq ftHouseBuilt 1981
Updated today, November 3, 2026

This home against Key Biscayne

$20,559 per sq ft, 1592% over the Key Biscayne median
185 days on the market
$716,882 in property taxes (2025)
103,673 sq ft lot
Private pool
Waterfront
2 car garage

Key Biscayne today: 129 homes for sale, median list price $2,725,000.

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.

Zoned schools

Elementary: Key Biscayne K-8 Center
Middle: Ponce de Leon Middle School
High: Coral Gables Senior High School

From Miami-Dade County Public Schools attendance zones.

Listing courtesy of Coldwell Banker Realty. MLS# A12005335.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed May 2, 2026.

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