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Key Biscayne For Sale SINGLE FAMILY RESIDENCE

485 W Matheson Dr, Key Biscayne FL 33149

485 W Matheson Dr, Key Biscayne FL 33149

$237,000,000 ≈ ₿3,596.63

MLS A12005335 · 79 days on market

5

Beds

8

Baths

11,528

SQUARE FEET

Single Family Residence

Type

1981

Built

Listing courtesy of

Coldwell Banker Realty

Jill Eber

MLS® #A12005335

Listing information last updated June 16, 2026

MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Coldwell Banker Realty — and every agent and broker in Miami — to get the deal done.

Overview

This single family residence in Key Biscayne has 5 bedrooms and 8 bathrooms across 11,528 square feet, and is listed for sale at $237,000,000 (about $20,559 per square foot). Built in 1981.

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.

Listing history

Listed for sale

May 4, 2026 · MIAMI MLS

$237,000,000

Days on market

as of today

79 days

Building & financials

FROM MIAMI MLS

The carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.

Annual property tax (2025)

$716,882

Association type

None

Waterfront

Ocean Access, Ocean Front

Pets

Allowed (verify restrictions)

FEMA flood zone

AE

Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.

Property details

MLS #A12005335
Price$237,000,000
Size11,528 Square Feet
Bedrooms5
Bathrooms8
Garage2
Year built1981
TypeSingle Family Residence
StatusFor Sale
Price / Square Feet$20,559
Flood zoneAE

Features & amenities

Built-in Features
Closet Cabinetry
Dishwasher
Disposal
Dryer
Electric Water Heater
Elevator
Entrance Foyer
Family Room
Garage Attached
Gas Range
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Waterfront
Lighting
Open Balcony
Open Parking
Other
Other Equipment/Appliances
Refrigerator
Split Bedroom
Storage
Utility Room/Laundry
Walk-In Closet(s)
Washer

Location

485 W Matheson Dr, Key Biscayne FL 33149

Estimate your payment

$

Est. monthly payment

per month

Principal & interest
Property tax (est.)
Down (20%)
Ask about real rates →

Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.

Questions, answered

How many bedrooms does this property have?

This Key Biscayne single family residence has 5 bedrooms.

How many bathrooms does this property have?

This Key Biscayne single family residence has 8 bathrooms.

What is the square footage?

This Key Biscayne single family residence offers 11,528 square feet of living space.

When was this property built?

This Key Biscayne single family residence was built in 1981.

How many parking spaces are included?

This Key Biscayne single family residence includes 2 parking spaces.

What is the view from this property?

The view from this Key Biscayne single family residence is Bay, Ocean, Direct Ocean, Pool.

Are pets allowed?

Pet policy for this Key Biscayne single family residence: Yes.

What are the annual property taxes?

Annual property taxes for this Key Biscayne single family residence are approximately $716,882, per the latest tax record.

How long has this property been on the market?

This Key Biscayne single family residence has been on the market for 43 days.

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$237,000,000

485 W Matheson Dr, Key Biscayne FL 33149

Key Biscayne · 5 bd · 8 ba · 11,528 Square Feet

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Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 79 days on market.

We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.

$237,000,000

5 bd · 8 ba · 11,528 Square Feet

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