Al Capone’s fortified Miami Beach estate site sells for $21 million
A vacant waterfront lot in Miami Beach, formerly the site of Al Capone's fortified estate, has sold for $21 million. The original mansion was demolished in 2023 after preservation efforts failed, reflecting the extreme appreciation of Miami real estate.
Why it matters
The sale underscores the intense demand for luxury real estate in Miami, where land value often supersedes historical preservation.
In 1928, at the height of his reign as Chicago’s most notorious gangster, Al Capone purchased a sprawling estate on Miami Beach’s Palm Island, seeking a warm-weather retreat from the cold and his foes. He is reported to have spent some $200,000 bolstering the property with bulletproof walls, steel shutters and other security measures befitting a man who lived under threat of attack at every turn. Nearly a century later, the mansion that once was home to “Scarface” is no more, demolished in 2023 after years of deterioration and fruitless attempts at preservation.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in