Mobster Al Capone’s former Miami Beach mansion asks $15M

Prohibition-era gangster died in the Palm Island home in 1947

Miami /
Apr.April 18, 2018 01:30 PM

93 Palm Avenue and Al Capone (Credit: EWM Realty International, Wikimedia Commons)

What would Big Al think?

The former home of the late Al Capone just hit the market for $14.9 million. The Prohibition-era gangster bought the home in 1928 after being released from Alcatraz, and he died at the property in 1947.

Now, after a multimillion-dollar renovation, MB America, a wealth and investment management company representing a wealthy Italian industrialist family, wants to sell the bayfront estate at 93 Palm Avenue. Miami-based MB America paid $8 million for the home in 2013. It was built in 1922.

Nelson Gonzalez of EWM Realty International is the listing agent.

The property features a four-bedroom, 6,100-square-foot main house, a pool and two-story cabana, and the original gatehouse Capone installed that has been converted to a two-bedroom guest house.

In 2015, MB America unveiled the estate as a production, filming and photo shoot venue following $1.4 million in renovations. The main villa also features the original black and gold Art Deco powder room, ceiling lights from the 1920s, an original fireplace and porch. The 30,000-square-foot property has about 100 feet of waterfront.

The Italian family that owns Capone’s former home has also owned other event venues and retreats in Miami, including the Orchid House, a Mediterranean villa at 1350 Collins Avenue in Miami Beach. – Katherine Kallergis


Related Articles

arrow_forward_ios
Hotel Clifton at 1343 Collins Avenue (Google Maps, Getty)
Hawkins Way Capital sells Clifton Hotel in South Beach
Hawkins Way Capital sells Clifton Hotel in South Beach
Chetrit Group’s Joseph Chetrit and Collins Park Hotel rendering (Getty, Chetrit Group)
Chetrit nabs $83M construction loan for Collins Park project
Chetrit nabs $83M construction loan for Collins Park project
Miami skyline
Miami predicted to be world’s second-best luxury market in ’23
Miami predicted to be world’s second-best luxury market in ’23
Z Capital's James Zenni Jr. with Carillon Miami Wellness Resort at 6801 Collins Avenue (LinkedIn, Google Maps)
Z Capital allegedly owes $2M legal bill: lawsuit
Z Capital allegedly owes $2M legal bill: lawsuit
The late Ralph Halpern and 617 East Dilido Drive (Google Maps, Getty)
Topshop founder’s waterfront Miami Beach home sells for $15M
Topshop founder’s waterfront Miami Beach home sells for $15M
Mitch Novick with rendering of Bulgari hotel (Mitch Novick, Bulgari Hotel and Resorts, Getty)
Lawsuit targets Miami Beach deal with Bulgari hotel developers
Lawsuit targets Miami Beach deal with Bulgari hotel developers
Gil Dezer, Carlos Rosso, Daniel de la Vega (Sonya Revell, Rosso Development, One Sotheby's International Realty)
Developers, brokers pursue wealthy art buyers during Miami Art Week
Developers, brokers pursue wealthy art buyers during Miami Art Week
John Sandberg
John Sandberg, team leave Douglas Elliman for Compass
John Sandberg, team leave Douglas Elliman for Compass
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...