Live life on the Edge in the former Miami Beach Mansion owned by Al CaponeApril 20, 2018
There’s a serious bang on the market, Miami Beach Mansion which once belonged to the original Scarface, the one and only Al Capone – $15 million big ones and this little piece of gangster history can be all yours.
The mansion is composed of 30,000 square feet and located at 93 Palm Avenue. It’s made up of three separate buildings. Old school luxury is the name of the game when it comes to this property. 4 bedrooms, 3 and a half baths, a 2 story pool cabana, a whopping 6,000 square foot villa, and a guesthouse – which Capone actually used as a guardhouse. When you’re a mob boss, your enemies stack up.
This property brings a lot of history. Al Capone is one of the most famous figures in crime history. He earned his nickname “Scarface” at the young age of 18. Why Scarface? It seemed like a natural choice after he was slashed with a knife. The famous scar occurred after he insulted a woman at a nightclub and the woman’s brother took vengeance.
Capone paid $40,000 back in 1928 – cash of course – for the Palm Island Mansion. Inflation marks that at $986,000 in today’s value. In 1928 the area was still recovering from a giant hurricane that flattened the area just 2 years prior. The mansion became the party hub spot for Al Capone and gangsters alike. It was a nice break from their days of crime.
The Miami Beach residence was also used by Capone to plan his famous St. Valentine’s Day Massacre. He took out seven rival gangsters by having hit men dressed as policemen. This famous massacre earned Capone the title of “Public Enemy Number One”.
Capone was finally sent to jail on a charge of tax evasion in 1931 and served 6.5 years of his 11-year sentence. A majority of those years were spent at Alcatraz Island in San Francisco Bay. He was let go in 1939 and returned back to his Palm Island sanctuary.
After his days in prison, Scarface led a pretty quiet life and kept to himself. He also suffered from dementia. He died in the Miami Beach home on January 25th, 1947. He was only 48 and a stroke took the final toll. Despite his death, his reputation surged on and turned him into a legend, filling American pop culture. Writer and director Josh Trank is working on a new film, “Fonzo”, a story about Capone’s final days. It stars Tom Hardy, Matt Dillon, and Kyle MacLachlan.
In 2013 the home sold for $7.4 million, and $7.9 million the following year. In 2015, due to the 100th anniversary of the City of Miami Beach, an investment company, MB American, oversaw a $1.4 million renovation of the mansion, bringing it up to current hurricane codes.
During the restoration, the company was careful to preserve many of the mansion’s original features, including a black and gold powder room in an Art Deco style as well as the swimming pool Capone bragged was the largest in Miami back in the day. The house has been used for video and photo productions since it’s renovations.