Miami mansion of ‘Scarface’ Al Capone sells for $15.5M

by Lindsey Wells

The Miami Beach mansion once owned by Al Capone has sold for $15.5 million, according to a report by the Miami Herald.

Once fated to be demolished, the home was purchased by 93 Palm Residence LLC, which is managed by Coral Gables accountant Toni Alam. 

Capone, the original “Scarface,” bought the waterfront house for $40,000 in 1928. He died there in 1947 of a heart attack.

Developer Todd Michael Glaser and partner Nelson Gonzalez, senior vice president of Berkshire Hathaway HomeServices EWM, purchased the residence in August for $10.75 million. Miami Beach preservationists shot down their plans to demolish the house and replace it with a more modern project.

Glaser said the offer came out of the blue, comparing it to a winning lottery ticket.

“If someone tells you they want to give you a $5 million lottery ticket, of course you’d take it,” Glaser said.

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