The 30,000-square-foot empty Florida parcel that was the last residence of gangster Al Capone has been listed for sale at $23.9 million.
Capone bought the Spanish Colonial-style villa on the property in 1928 for $40,000 in 1928 and died there from heart failure in 1948 at the age of 47. According to a Mansion Global report, the property on Palm Island in the Biscayne Bay off the coast of Miami was the center of contention for years between developers and local preservationists. The property last changed hands in 2021 for $15.5 million and the current owner, a limited liability company, had the residence demolished last August.
The empty waterfront lot can host a new residence of up to 15,000 square feet, according to Douglas Elliman listing agent Dina Goldentayer, who said in an email that buyers will be more interested in the property’s exclusive location on the island’s Estate Row instead of its notorious former occupant.
“Wealthy individuals have always been drawn to Palm and Hibiscus Islands because of their estate-size parcels, security and proximity to popular destinations,” said Goldentayer. “I think what will attract buyers is the rarity of a parcel of this caliber on Palm Island.”
