Waterfront 5-Bedroom Residence in Key Biscayne
485 W Matheson Dr, Key Biscayne FL 33149, Key Biscayne, FL 33149
$237,000,000

Key Facts
- Beds
- 5
- Baths
- 9
- Sq Ft
- 11,528
- Lot
- 103,775 sq ft
- Year Built
- 1981
- Waterfront
- ✓
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.
Features & Amenities
- Waterfront
- 2-car garage
- Built 1981
- Built-in Features
- Closet Cabinetry
- Elevator
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- Family Room
Location
485 W Matheson Dr, Key Biscayne FL 33149, Key Biscayne, FL
View on mapMLS # A12005335 · Listing courtesy of Coldwell Banker Realty
Data last updated June 16, 2026
Listing information is provided in part by the IDX program of the MIAMI Association of REALTORS®. Information deemed reliable but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.