The $237M Scarface estate. A 2.38-acre Key Biscayne waterfront estate at 485 W. Matheson Drive is listed for $237 million — a sale near asking would be the priciest in Miami-Dade history. Once part of Richard Nixon's "winter White House" compound, the 1981 home also served as Frank Lopez's residence in the 1983 film Scarface.
Pinecrest's new ceiling. A seven-bedroom estate at 6701 SW 101st Street is asking $25 million — the highest ever in Pinecrest — with a putting green, sand trap, and a 70-foot Indonesian-tile pool. The neighborhood has quietly become a luxury destination for buyers wanting more space than Miami Beach or Coral Gables typically offer.
A tropical farm. Mango's Tropical Cafe CEO David Wallack listed his 14.4-acre Breezy Oaks estate for $18 million, complete with three coral rock grottoes and a grove of mango, citrus, and avocado trees.
The Gulf Coast joins in. A gated riverfront estate in Bradenton went under contract for $5.35 million, offering nearly 7,700 square feet along the Manatee River.
What it signals. The high end is increasingly defined by scarcity — waterfront acreage, oversized lots, properties with real provenance. For sellers, an exceptional home now has pricing power it didn't a few years ago. For buyers, the most distinctive estates are moving into a tier of their own, where competition is about story and land as much as square footage.
Source: MiamiHerald
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