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Publication Date: 2014-04-22


The Notorious Story Behind This Home

What's going on with this gangster's paradise? Al Capone’s stunning former Miami Beach mansion is back on the market for the second time in less than a year, this time with an even heftier price tag of $8.45 million, according to the latest listing.

The 36,000-square-foot hunk of oceanfront island property is where the notorious mobster is said to have plotted the 1929 St. Valentine's day massacre, where he lived after his release from Alcatraz a decade later and where -- according to his niece -- he "dropped dead" in one of its upstairs bathrooms.

Despite the dark history of the home's most famous owner, the seven-bedroom hideaway has positively breezy features like a two-story cabana house, a private sandy beach and a breathtaking aqua-colored pool that, at 60 feet long and 30 feet wide, was built to outdo that of the nearby Biltmore Hotel.

Capone snapped up the 93 Palm Ave. home from Clarence Busch of the Anheuser-Busch brewing dynasty for just $40,000 in 1928 -- about $544,928 by today's standards.

The property underwent a series of restorations before it was listed for $9.95 million in July of 2012. The home sold last June for $7,431,750.

As previously reported, despite the peace and beauty of his oceanside home, Capone's final years in the mansion were marked by deteriorating health due to syphilis whichreportedly made the mobster prone to "dementia-driven violent outbursts."


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