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485 W Matheson Dr

Key Biscayne, FL, 33149

Active

$237,000,000

5

Bedrooms

9

Bathrooms

11,528 sqft

Living Area

1981

Year Built

103,775

Lot Size (sqft)

43

Days on Market

Dock Score™

DockOnly
87
Excellent

What shaped this score

Ocean Front
Dock present
Bridge-free to bay & ocean
Fits boats up to ~100ft+ (est.)
·Draft not independently verified

DockOnly.com rating, not provided by the MLS or listing broker.

Dock & Water AccessMLS

Ocean AccessOcean Front

AI Aerial Imagery Detection

Dock DetectedSeawall DetectedDeep Water Indicators

Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.

Navigation RouteDockOnly

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

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 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.

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Location

Key Biscayne, FL, 33149

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of Coldwell Banker Realty via MIAMI REALTORS®

Last checked: 4 hours ago

Listing updated: June 16, 2026

© 2026 Miami Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Miami Association of REALTORS®. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

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FEMA Flood Zone AE
BFE: 10ft

Special Flood Hazard Area

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Estimate your monthly payment for this waterfront property

20%

$47,400,000 down

%
Principal & Interest$1,229,742/mo
Property Tax (est. ~1.2%, varies by county)$237,000/mo
Home Insurance (est.)$250/mo
Total Monthly Payment$1,466,992
Loan Amount: $189,600,000Rate: 6.75%
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$237,000,000Tour the dockSchedule a Showing
Navigation note: Navigation routes show the shortest mapped path to open water. A vessel taller than the binding bridge clearance may still reach open water via a longer alternate route that we don't currently map. Verify navigability with a local captain or surveyor before relying on it.