The waterfront Key Biscayne estate that doubled as Frank Lopez’s home in Scarface has quietly landed on the market with an eye‑popping $237 million price tag, putting serious heat on Miami’s luxury scene. The compound spans roughly two acres of tropical grounds, features one of the area’s largest private waterfront frontages, and includes a concrete helipad originally built for a president that now pulls duty as prized marina space.
Owner and investor John Devaney is bringing the property to market with top‑tier brokerage firepower. The listing is represented by Jill Eber and Judy Zeder of Coldwell Banker Realty, and Devaney recalled how he first approached the house by saying, “I literally went from the hangar and knocked on the door,” in an interview with the New York Post.
Property highlights
Marketing materials lean hard into the estate’s rare marine setup. A roughly 20,000‑square‑foot concrete platform in Biscayne Bay now functions as a private marina and event pad, with room to berth very large yachts along approximately 862 feet of bay frontage. The residence itself is spread across multiple levels and includes a working glass elevator, soaring ceilings, and an expansive lower level designed for entertaining and support functions. Those details are laid out on the estate's marketing site.
A past with presidents and prosecution
The property’s backstory is very much part of the sales pitch. The land was once tied to President Richard Nixon’s Florida retreat, and the helipad was reportedly constructed for presidential arrivals, according to Forbes. Reporting has also highlighted a darker chapter. The house was linked to Roberto Striedinger, who built or developed the site around 1981 and was later convicted of smuggling cocaine for the Medellín cartel, with the federal government seizing assets connected to that case, per the New York Post. Those presidential and legal threads now come bundled with the cinematic lore in the package being presented to potential buyers.
Where it sits in the market
At $237 million, the ask would top the roughly $170 million Miami‑area purchase that made headlines earlier this year and set a recent Miami‑Dade sales record. That earlier deal, along with a steady stream of ultra‑prime trades, has kept South Florida firmly on the radar of global buyers and trophy‑property collectors. For context on that March record sale, see local coverage in Miami New Times.
What’s next
With its Scarface connection, presidential history, and built‑in yacht playground, the listing is expected to draw interest from deep‑pocketed private buyers and international collectors who prioritize privacy and marine access. The marketing site features a full photo gallery along with contact details for qualified inquiries, and any transaction at this level is likely to unfold through a quiet, staged process with extended due diligence. More images and information are available on the estate's marketing site.
