485 W Matheson Dr

$237,000,000
5
Beds
72/2
Baths
11,528
SqFt
Status
Active
Parking
2
Size
11,528 SqFt (1,071 m2)
Price
$20,559/SqFt ($221,293/m2)
Type
House
Built
1981
MLS Number
A12005335
View
Bay,Ocean,Pool
On Site
134 Days
Updated
5 Days ago
Page Views
0
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

Bedrooms
  • Bedrooms: 5
Bathrooms
  • Bathrooms: 7
  • Half Bathrooms: 2
Exterior and Lot Features
  • Exterior Features: Balcony, Deck, Lighting, Other, Patio
  • View: Bay,Ocean,Pool
Interior, Heating and Cooling
  • Interior Features: Bidet, BuiltInFeatures, BedroomOnMainLevel, BreakfastArea, ClosetCabinetry, DualSinks, EntranceFoyer, LivingDiningRoom, SittingAreaInPrimary, SplitBedrooms, TubShower, UpperLevelPrimary, WalkInClosets, Elevator
  • Equipment / Appliances: Dryer, Dishwasher, ElectricWaterHeater, Disposal, GasRange, Other, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Marble, Terrazzo, Vinyl
  • Windows/Treatment: Sliding
  • Year Built: 1981
  • Year Built Description: Resale
  • Style: TriLevel
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2026-05-04T13:30:06.000-00:00
    • Directions: Southeast
    • Pets Allowed: No,Yes
    Taxes, Fees & More
    • Taxes: 716882
    • Security Information: SmokeDetectors
    • Parking Description: Attached, CircularDriveway, Garage, Other

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    Price History

    Current
    $237M
    High
    $237M
    Low
    $237M
    Total Change
    0%
    $239.3M$237M$234.7MApr 26Jun 26
    Date
    Event
    Price
    Change
    Price Per
    06/17/2026
    Price Reduced
    $237M
    0%
    $20,559 ft2
    $221,293 m2
    04/21/2026
    Listed
    $237M
     
    $20,559 ft2
    $221,293 m2
    06/17/2026
    $237M
    Event
    Price Reduced
    Change
    0%
    Price Per
    $20,559 ft2
    $221,293 m2
    04/21/2026
    $237M
    Event
    Listed
    Price Per
    $20,559 ft2
    $221,293 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Jill EberColdwell Banker Realty • Buyer Agency Compensation .

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