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Pinecrest’s $1,500-per-Square-Foot Divide: Why Some Homes Sell and Others Sit

September 18, 2026

Fully Leased RidgeCrest Plaza Sells for $6.6 Million in Davenport

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    Pinecrest’s $1,500-per-Square-Foot Divide: Why Some Homes Sell and Others Sit

    September 18, 2026

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    September 18, 2026

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Florida Real Estate Wire – Real Estate NewsFlorida Real Estate Wire – Real Estate News
Luxury Real Estate

Iconic ‘Scarface’ Mansion Hits the Market for a Staggering $237 Million

May 6, 2026
Iconic Scarface mansion listed for $237 million.
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The legendary Key Biscayne estate that served as the opulent backdrop for Tony Montana’s rise and fall in the 1983 film "Scarface" has been listed for sale at an astonishing $237 million. This price tag positions the property to potentially shatter real estate records in Miami-Dade County and ranks it among the most expensive residential sales in the nation.

Key Takeaways

  • The "Scarface" mansion on Key Biscayne is listed for $237 million.
  • If sold at asking price, it would be the most expensive sale in Miami-Dade County history.
  • The property features a glass elevator famously seen in the film.

A Glimpse Inside the Cinematic Estate

The sprawling 2.38-acre waterfront property boasts breathtaking views of the Miami skyline across Biscayne Bay. The 13,000-square-foot mansion itself offers five bedrooms and seven bathrooms spread across three levels. A unique feature that remains from its cinematic past is the iconic glass elevator, which was a prominent element in the film.

A Record-Breaking Potential Sale

Should the "Scarface" mansion command its asking price, it would surpass the recent $170 million purchase of an Indian Creek compound by Mark Zuckerberg and Priscilla Chan, setting a new benchmark for Miami-Dade County. The sale would also place it among the most significant residential transactions nationwide, reflecting the high-value market for unique and historically significant properties.

Property Details and Ownership

The estate has been under the ownership of John Devaney, head of the broker-dealer firm United Capital Markets, since 2003. Beyond the main residence, the property includes a gym that could be converted into an additional bedroom, and expansive living, dining, and kitchen areas that open onto large terraces, perfect for enjoying the prime waterfront location.

Sources

  • The ‘Scarface’ Mansion Is Listed for $237 Million in Florida, The New York Times.

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