The house, where Capone passed away following his release from San Francisco Bay prison, Alcatraz, boasts some 10,000-square-foot of space for potential buyers. It is also rumored to be the location from where Capone masterminded the St Valentine’s Day massacre, the name given to the murder of seven mob rivals in 1929.
The house, or mansion, is on the exclusive Palm Island in Biscayne Bay. It has come up for sale just six months after its current owner, a Florida company run by a New York accountant, purchased the property in late 2013 for $7.4 million. It is unclear whether a Miami home once owned by infamous Chicago mafioso Al Capone is up for sale again for the princely sum of $8.5 million will be attraction for would-be investors or whether the history associated to the house will be a deterrent.
Also known to many as “the blue mansion,” the property was built in 1922 by Clarence Busch. New York-born Capone, who made most of his money trading alcohol when it was prohibited, purchased the property six years later for $40,000. Yet despite the fact Capone was linked to numerous criminal activities, he was only ever convicted of tax evasion. It was alleged that Capone often tried and succeeded in bribing jurors in return for a favorable decision from them.
Miami was a popular location for members of organized crime groups because it was close to Cuba’s capital Havana, which was where American escape to drink and gamble when it was not possible back home. Capone saw out his remaining years at the mansion having left Alcatraz as a mental patient. He went insane after contracting syphilis from a prostitute and eventually died in 1947.
Nevertheless, Capone’s arrival in Miami was far from popular with many of the local residents. Knowing this to be the case and wanting an easy life after being run out of other American cities, Capone then went on a charm offensive and made locals a number of promises to win them over. They included a pledge to be a law-abiding citizen. His obsequious behavior even extended to him handing large cash donations to politicians to in order to curry favor with society’s elite and lawmakers. Furthermore, he added fixtures such as weighty doors and walls for his own safety as he remained a target for rival mobs until he died.
Now the former mafia boss is back in the press decades after his death as a Miami home once owned by infamous Chicago mafioso Al Capone is up for sale again for the princely sum of $8.5 million now awaits a new owner.
By Robert Shepherd