The former gangster’s paradise is for sale.
What’s the first thing you do when you’re released from Alcatraz? If you’re legendary Prohibition-era gangster Al Capone, you head to Miami and buy the sweetest beach pad you can find.
According to public record, Capone purchased 93 Palm—a gorgeous property set on 100 feet of waterfront along Biscayne Bay—in 1928 following a stint at the famed maximum security prison. He went on to invest $200,000 in upgrades, including a gatehouse, seven-foot-high wall, search lights, cabana, and coral rock grotto. Though Capone passed away in 1947, the house stayed in the family until the ‘50s.
Now, this gem of a Florida mansion—recently restored by investment management company MB America—is seeking a new owner with an affinity for luxurious escapes. Offered at $14.9 million with EWM Realty International, the sprawling estate is situated on a 30,000-square-foot plot of land on swanky Palm Island, just a stone’s throw from South Beach.
“This is one of the most significant estates in South Florida, now on the market for the first time since its restoration,” said Nelson Gonzalez, Senior Vice President of EWM Realty International. “The attention to detail by MB America has preserved the home’s unique 1920s attributes, yet its slew of modern conveniences and top-of-the-line amenities make it a lucrative draw for well-heeled buyers.”
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A four-bedroom main villa anchors the lush property, with original features that include a black and gold Art Deco powder room, ‘20s ceiling lights, a living room fireplace, and porch.
A 30-by-60-foot pool connects the main home to a stately two-story cabana, which houses a guest suite on the second floor. Guests can also stay at the front of the property, where Capone’s original gatehouse has been converted into a two-bedroom cottage.
Capone may not have escaped from Alcatraz, but he certainly has good taste in vacation escapes. Do you agree? Check out more of this gorgeous property below: