485 W Matheson Drive, Key Biscayne, FL 33149

5 bed · 9 bath · 11,528 sqft · Built 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.

Property type

SingleFamilyResidence

Condition

Resale

Year built

1981

Roof

Concrete

Subdivision

TROPICAL ISLE HOMES RESUB

Waterfront

Yes

Waterfront features

Bayfront,OceanAccess,OceanFront

Private pool

Yes

Parcel number

2442320070010

Annual tax

$716,882

County just value

$29,497,022

Key Biscayne is a barrier-island enclave — restricted access, oceanfront SFH, and an inventory measured in tens, not hundreds. Premiums reflect the geography.