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Active - House for sale

485 W Matheson Dr, Key Biscayne FL 33149

5 bds|7 bth + 2 half|11,528 sqft

Facts & features

House Property type
193 days on Beycome
1981 Year built
$20,559 Price/Sqft.
2 car garage Parking

Why you’ll love it

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.

Translating description...

Listings courtesy of Coldwell Banker Realty.

Listed by: Jill Eber • 305-915-2556 • Coldwell Banker Realty

Co-listed by: Judith Zeder • 305-915-2556 • Coldwell Banker Realty

Source: Miami MLS, MLS#: A12005335 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

Come see by yourself

Affordability

$154,050,000$319,950,000
1%20%
0%90%
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Estimated monthly payment

$1,258,141/mo

  • Mortgage$1,198,401
  • Property tax$59,740
  • HOA fee
  • Homeowners insurance
Due at closing$188,415,000
Down payment held in escrow$47,400,000
Closing costs$3,555,000
beycome credit Est.$4,740,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$4,740,000 Credit back

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About Tropical Isle Homes Resub

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 10 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$237,000,000 Listed price

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$4,740,000 Credit back

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