Owners of gangster Al Capone’s former Miami Beach home knock $2 million off the $15 million asking price after failing to sell it for a year
- The Spanish-style mansion was bought by the infamous gangster for $40,000 (£188,000 at the time) in 1928
- It features a four-bedroom house, private beach, 60-foot swimming pool and view of the Miami skyline
- The villa was the planning HQfor the St Valentine’s Day Massacre that killed seven rival gangsters in 1929
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As the most feared man in America during his heyday, Al Capone was used to getting his own way.
But it seems the same isn’t true for the sellers of his iconic former mansion in Miami Beach.
They have just knocked $2 million off the price of the magnificent waterfront home after putting it on the market in April last year for $15 million.
The Miami Beach waterfront house was bought by gangster Al Capone a year before the St Valentine’s Day Massacre in 1929
The Mediterranean-style compound, which was built in 1922, is where America’s most notorious gangster is said to have planned the 1929 St Valentine’s Day massacre of his underworld enemies.
It is also where Capone died of a stroke in 1947 aged 48 after contracting syphilis and ending his life a virtual recluse.
The 30,000-square-foot estate on exclusive Palm Island is now on the market for $12,950,000 after failing to attract a buyer.

An aerial view of Al Capone’s former house in Miami Beach, Florida. The owners have kncked $2 million off the sale price after failing to sell it for a year

The house, with its 60-by-30-foot swimming pool, is located on the exclusive Palm Island in Miami near the modern day abodes of Lenny Kravitz and Shaquille O’Neal
It consists of three buildings – a four-bedroom villa, a two-bedroom guest residence that the gangster originally built as a guard house and a two-storey pool cabana.
The white-washed home had a $1.5million renovation in 2015 preserving many of its original Art Deco features.
Capone, who bought the property in 1928 for $40,000, bragged the 60ft by 30ft swimming pool was the biggest in Miami.

This stunning view shows the bath-house and view of Biscayne Bay from the Miami Beach house owned by Al Capone from 1928 until his death in 1947

The villa’s open-plan terraces were said to have reminded the infamous gangster of Italy – even though he had never visited
He reputedly fell in the love with the home because it reminded him of the ‘sunny shores of Italy’, although he was born in Brooklyn, New York and never ventured to his parents’ birthplace near Salerno.
Capone, who earned the nicknames Scarface and Public Enemy No. 1, spent about $65,000 fortifying the mansion. The measures included the guardhouse, searchlights and a 7-foot high wall.
He used the home to take a break from his Chicago crime powerbase and hosted lavish parties there. But he also liked to invite down friendly mobsters and scheme.

Some of the seven victims of the 1929 St Valentine’s Day Massacre ordered by Capone, members of Bugs Moran’s North Side gang
Capone’s Valentine’s Day massacre, perhaps the most famous mob killing of all time, wiped out seven members and associates of Chicago’s North Side Gang.
They were lined up against a wall inside a garage and executed by hitmen wearing police uniforms and suits.
Capone made his fortune from prostitution, gambling and bootlegging during the Prohibition era when production and sale of alcohol in America was banned.
As well as being a base for Capone’s partying during his crime heyday, the Miami home was also the place he settled after being released from the island jail of Alcatraz following his 11-year sentence for tax evasion.
He lived there permanently with wife Mae, during which time the syphilis reportedly reduced his mental capacity to that of a 12-year-old.

The private beach and pier on Biscayne Bay of the Miami Beach mansion formerly owned by prohibition-era bootlegger Al Capone

Another aerial view of the Miami Beach mansion formerly owned by mobster Al Capone, now on sale for $13 million

Another view of thew 60-by-30-foot swimming pool at the Miami Beach mansion once owned by Al Capone

The spacious dining room of Miami Beach home owned by Al Capone from 1928 until his death in 1947

The lounge of the miami Beach mansion once owned by prohobition-era mobster Al Capone

A period photo of notorious gangster Al Capone’s former mansion in Miami Beach, Florida, which he bought in 1928 for $40,000

Capone was rumored to have planned the deadly St Valentine’s Day massacre there – in which seven members of a rival gang were killed