New Waterfront Mansion Near Al Capone’s Place

Posted: December 4, 2023 | Source: www.compass.com

In 1928, Miami Beach’s polite society was rocked with the news that the infamous gangster, Chicago crime boss Al Capone, had purchased a home on Palm Island, one of the city’s newest and most prestigious addresses. Palm Island is still one of South Florida’s elite neighborhoods. A new waterfront home there has just gone on the market at $48.5 million, which would be a record sale price for Palm Island. The listing agent is Liz Hogan with Compass.