For sale: Al Capone's $8.5m Miami Beach mansion that's a real gangster's paradise
Mansion is one of the most famous pieces of residential real estate in Miami
An $8.5 million, 10,000 square foot Miami Beach mansion, that was previously the home of the notorious prohibition-era gangster Al Capone, has been put up for sale.
The waterfront home, which is one of the most famous pieces of residential real estate in Miami, is where brutal Chicago mob boss Capone died in 1947.
Capone was one of the most feared gangsters in American history and famously led the eponymous 1920s and 30s crime syndicate the 'Capones'.
According to Reuters, the sprawling mansion, which is within a Palm Island compound, and is sandwiched in Biscayne Bay between downtown Miami's skyscrapers and South Beach's hotel district, was bought by its current owner, accountant Anthony Panebianco, just six months ago for a reported $7.4 million.
The house was built in 1922 by Clarence Busch, of the Anheuser-Busch brewing family, and Capone purchased it in 1928 for $40,000.
The building had a succession of wealthy owners after Capone's death but fell into disrepair during the 1970s and 1980s. It was restored and put back on the market for nearly $10 million in 2011.
The irony of the property being owned by an accountant will not have been missed by those aware of the Capone lore.
The mob boss was convicted on federal charges of tax evasion in 1931 and sentenced to federal prison.
Mobster Al Capone
He spent time at the then-new Alcatraz federal prison before being released on parole in 1939.
Capone is famously thought to have been at the mansion when he ordered the 1929 Saint Valentine's Day Massacre in the Lincoln Park neighborhood on Chicago's North Side, in which seven people were killed.
"While the most spectacular gangland slaying in mob history was going down in Chicago, (Capone) was 1,300 miles away at a party at his Palm Island estate, providing him with a perfect alibi," Ron Chepesiuk, a journalist and author of the book 'Gangsters of Miami,' told Reuters.
The mansion swimming pool
- 1 Malaysian cyclist could face disciplinary action after 'Save Gaza' gloves protest
- 2 Is Gideon Levy the most hated man in Israel or just the most heroic?
- 3 Fifty Shades of Grey trailer provokes moral outrage from US parenting groups
- 4 McDonald’s removes chicken nuggets from the menu in Hong Kong amid major food scare
- 5 Students offered grants if they tweet pro-Israeli propaganda
Israel-Gaza conflict: Israeli targeting policy under scrutiny after shellfire hits a mother and child, a school full of refugees and a doctor’s home
MH17 crash: Investigators discover more human remains and 'huge section of plane'
Students offered grants if they tweet pro-Israeli propaganda
McDonald’s removes chicken nuggets from the menu in Hong Kong amid major food scare
Satellite full of sexually experimental geckos adrift in space, Russia loses control of mission
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia
Malaysia Airlines MH17 crash: victims’ bodies bundled in black bags and loaded onto trains
John Barrowman praised for Commonwealth Games opening ceremony gay kiss
£600 - £650 per day: Orgtel: Conduct Risk Liaison Manager - Banking - London -...
Highly Attractive Package: Austen Lloyd: CITY - COMMERCIAL LITIGATION - GLOBAL...
£65000 - £75000 per annum + Benefits: Progressive Recruitment: The client is a...
£40000 - £45000 per annum: Ashdown Group: A well-established software house ba...