Al Capone’s Miami Hideaway!

Al Capone’s Miami Hideaway!

Al Capone's Miami Hideaway!

Must SeeTop 10 Florida Condos For Sale

On Palm Island, between Miami Beach and Miami proper, for sale is Al Capone’s former home that he purchased in 1928 and where he died in 1947. The causeway islands are those built by the Army Corps of Engineers when Miami Beach was still a coconut plantation and was just starting to be recognized for its possible tourist assets. Palm Island is another well-known enclave of the rich and famous, surrounded by Biscayne Bay and guarded roadside by security. This sprawling mansion sits on .7 acres of prime waterfront with mature tropical landscaping, pool and a 2-story pool house built by Capone to house his security guards on the upper level. There is also a separate 2 bedroom guest house. It’s one of the oldest homes in Miami Beach and was built in 1922, during prohibition, by brewer Clarence Busch of the Anheuser-Busch family.

In November of 2011, it was purchased for $5,650,000. Currently undergoing major renovation by architect Luis Pons, it is now being sold with plans and permits in place for the remaining expansion at a price tag of $9,500,000. Presently consisting of 6,103sf, 7 bedrooms and 7 baths, no mention was made of size or amenities suggested in the new plans. Though at an increase of $4m, either something has already been added or generating plans and permits is a very expensive proposition. Regardless of the details to discuss with the realtor, the home most definitely has an A-plus location, a fascinating history and is far more than just "liveable" as is.

Al Capone’s tropical island hideaway - priced at $9.5m.

Source: www.realtor.com