May 6, 2026
Elvira Hancock, in the iconic film "Scarface," told Tony Montana "Nothing exceeds like excess" as the fictional gangster lounged in an oversized bathtub watching TV.
In real life too, the true owner of the mansion featured in that movie seems to have taken that message of living large to heart: Say hello to one of the most expensive real estate listings in the world.
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The house featured in the 1983 film that helped cement Al Pacino's status as a Hollywood superstar is on the market — along with its $237 million price tag.
The 13,000 square foot mansion is located in Key Biscayne, Fla., just off the Miami coast. And if you thought it was luxurious in the film, you should see it today.
History (and amenities) aplenty
While film buffs might know the house, located at 485 W. Matheson Drive, as drug lord Frank Lopez's home in "Scarface," political wonks know the property comes with a real life story too; the property is better known as the "Winter White House" of Richard Nixon (1).
"It's one of America's most iconic waterfront estates, representing a rare convergence of presidential history, cinematic legacy and unparalleled waterfront scale," offers the listing description.
The house sits on 2.38 acres on Key Biscayne, with 862 feet directly fronting Biscayne Bay, giving the owner an unobstructed view of the Miami skyline. The glass elevator that Elvira (Michelle Pfieffer's character) takes during the film and a piano-shaped pool are still a part of the home today.
The house comes with five bedrooms (six if you decide to convert the gym into a room) and 7.5 baths. There are marble floors and a wall of glass overlooking the bay.
The former presidential helipad has been converted to a private marina, which can power and dock yachts that are up to 200 feet.
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Jill Eber and Judy Zeder of the Jills Zeder Group at Coldwell Banker Realty are listing the property. The current owner is United Capital Markets CEO John Devaney, who has owned the home for more than 22 years.
"I've been very firm not bending to requests to renovate the home and it's in the original condition from 1981," Devaney wrote last year on Instagram (2). "The home is a time capsule to that era on the Cuban Mariel Boat Lift (1980) that saw 125k Cuban Refugees arrive in Miami who were integrated into our community. ... What an incredible spot to raise my family and host our extended family and friends."
(It's worth noting for film buffs that this isn't the house where Tony lived with a Bengal tiger and uttered his most famous "Say hello to my little friend" line. That scene was filmed at a mansion in Southern California. That particular house last sold for $40 million in 2022.)
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Near-record pricing
There is, of course, no assurance that Devaney will get the $237 million asking price, but if he manages to do so, that will make the property the second most expensive (3) home ever sold in the U.S. Only Citadel founder Ken Griffin will have paid more, dropping $239.96 million on a 23,000 square foot New York penthouse in 2019 (4).
And it was just over a year ago that Florida saw a state-record-setting sale, when a waterfront property in Naples sold for $225 million, despite being at "extreme" risk of flooding. The sellers of that property were tied to the family of Canadian billionaire and philanthropist Michael DeGroote, who died in 2022. The buyer was not identified.
Article Sources
We rely only on vetted sources and credible third-party reporting. For details, see our ethics and guidelines.
Jill Szeder Group (1); Instagram (2); Realtor.com (3); The Wall Street Journal (4)
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Chris Morris is a veteran journalist with more than 35 years of experience at many of the internet's biggest news outlets. In addition to his activities as a writer, reporter and editor, Chris is also a frequent panel moderator and speaker at major conferences, including CES and South by Southwest.
