The former home of notorious gangster Al Capone is now up for sale. Asking price: $14.9 million. That accounts for more than $2 million in renovations that investment firm MB America put in to “not only save the history property but bring it back to life,” CEO Marco Bruzzi said.
There was plenty to restore since Capone paid $40,000 cash for the Palm Island home at 93 Palm Avenue in 1928. The property includes a four-bedroom, three-bathroom main house plus a two-bed, one-bath guesthouse. A private beach and several porches add to the Mediterranean-meets-Art Deco style.
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Perhaps most notable is its 60,000-gallon swimming pool, which Capone built to compete with the Biltmore Hotel’s pool in size. Bruzzi said there was a time when fish once swam in the pool thanks to a tunnel that connected it to Biscayne Bay.
The home’s sweeping exterior is complemented by a flowing interior design, juxtaposing a timeless exterior design and modern interior elements. It’s certainly a unique living experience, reminiscent of a time gone by while still offering modern conveniences.
More information at 93palm.com.