​Al Capone Miami Estate Sold For $7.4M On Palm Island

By:
Staff Reporter
Aug. 10, 2014

Al Capone Miami Estate - America’s most notorious gangsters owned a luxury Miami estate, and it was where Al Capone died of heart failure. His last years were spent at the Palm Island residence. In fact, it’s where he decided to retire and reportedly planned his final Chicago event: the St. Valentine’s Day Massacre.

The home served as his alibi. Capone made sure everyone saw him in South Beach the day of the murders.

Capone’s notorious final residence recently sold for $7,431,750, according to property records. It was listed in 2012 for $9.95 million.

Capone reportedly purchased the home for $40,000 cash from Clarence Busch of the Anheuser-Busch family. Capone set about making the enormous 30,000-square-foot property his own, adding a 30-by-60-foot pool, a two-story cabana pool house — to house his guards — as well as another guesthouse and gated guard house in the front of the mansion.

Listed as one of America’s Most-Wanted criminals, Capone had reason to add numerous guards, but the mobster also suffered from syphilis in his later years and was reportedly paranoid that he would be arrested or attacked at any moment. Even the guards gave him no peace; historians say Capone’s final years were not the happiest. He spent his final days in the guest bedroom in the front of the house where he could always see who was coming and going.

Capone’s home has only passed through a few owners since and was recently completely renovated while still maintaining the Havana style.

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