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A Legendary Waterfront Estate in Key Biscayne

Some homes are listings. Others become part of Miami’s legacy. At 485 W Matheson Drive in Key Biscayne, presidential history, cinematic glamour, and extraordinary waterfront living converge within one of the most iconic estates ever offered in South Florida. Listed for $237 million by Jill Eber and Judy Zeder of The Jills Zeder Group, the private bayfront compound represents a rare combination of scale, privacy, and cultural significance.

Positioned on approximately 2.38 acres with an extraordinary 862 feet of direct Biscayne Bay frontage, the estate captures sweeping views of the downtown Miami skyline while offering a level of seclusion rarely found in today’s luxury market. Hidden behind lush tropical landscaping within one of Miami’s most prestigious waterfront enclaves, the property feels less like a residence and more like a private world of its own.

From Presidential Retreat to Hollywood History

Spanning roughly 13,000 square feet, the estate features five bedrooms, seven bathrooms, and two half baths. Yet beyond its size and location, what truly sets the property apart is its history. Originally acquired by President Richard Nixon in 1969, the residence became known as his private presidential retreat, later earning the nickname “The Winter White House.” Over the years, political leaders, celebrities, and influential guests passed through the estate, cementing its place in Miami history.

The property later entered Hollywood lore as the filming location for Scarface, serving as the residence of Frank Lopez. One of the home’s most recognizable features, the iconic glass elevator showcased in the film, remains fully functional today, preserving a rare piece of cinematic nostalgia within one of America’s most valuable waterfront estates.

Outdoor Living Designed for Miami Luxury

Outside, the estate transforms into a true Miami waterfront retreat. A dramatic piano-shaped saltwater pool anchors the outdoor living experience, surrounded by expansive lawns, mature palms, and beautifully curated tropical landscaping. More than 500 integrated landscape lights illuminate the grounds at night, creating an atmosphere that feels cinematic from every angle.

Designed for both relaxation and large-scale entertaining, the outdoor spaces seamlessly connect to the bayfront setting. Expansive terraces, open-air gathering areas, and panoramic water views create an ideal environment for everything from intimate sunset dinners to major waterfront events. The property effortlessly balances grandeur with privacy, offering a lifestyle centered around both elegance and ease.

A Private Marina for the Yachting Lifestyle

Among the estate’s most remarkable features is its private marina, created from the former presidential helipad and capable of accommodating yachts up to approximately 200 feet. In a city where waterfront access defines value, this level of private docking capability places the property among the rarest offerings in Miami. For ultra-high-net-worth buyers seeking direct bay access and a true yachting lifestyle, opportunities like this have become nearly impossible to replicate.