{"id":258259,"date":"2026-05-04T20:59:09","date_gmt":"2026-05-04T20:59:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/258259\/"},"modified":"2026-05-04T20:59:09","modified_gmt":"2026-05-04T20:59:09","slug":"al-capones-ex-miami-beach-property-in-contract","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/258259\/","title":{"rendered":"Al Capone\u2019s Ex Miami Beach Property In Contract"},"content":{"rendered":"<p>The waterfront property that once belonged to the late mobster <a href=\"https:\/\/therealdeal.com\/national\/2023\/08\/19\/al-capones-former-florida-home-demolished\/\" rel=\"nofollow noopener\" target=\"_blank\">Al Capone<\/a> will soon have a new owner.\u00a0<\/p>\n<p>The pending deal for the property, asking $23.5 million, is one of 18 luxury home contracts signed in Miami-Dade County between April 27 and May 3, according to the weekly report by Douglas Elliman\u2019s Eklund-Gomes team.\u00a0<\/p>\n<p>The report tracks listings of homes and condos asking $4 million and up in Miami-Dade that are included in the Multiple Listing Service. The properties spent an average of 138 days on the market.\u00a0<\/p>\n<p>Fifty-one luxury listings were added to the market, for a total of 1,250 listings.\u00a0<\/p>\n<p>The <a href=\"https:\/\/therealdeal.com\/miami\/2026\/04\/27\/manny-medina-finds-buyer-for-30-million-coral-gables-manse\/\" rel=\"nofollow noopener\" target=\"_blank\">previous week<\/a>, buyers signed 28 contracts for properties in Miami-Dade, asking a combined $275.5 million.\u00a0<\/p>\n<p>The asking dollar volume for the 14 single-family homes and four condos under contract last week totals $146.3 million, according to the report published by the team led by Fredrik Eklund and John Gomes.\u00a0<\/p>\n<p>The single-family homes that entered into contract last week have an average asking price of $9.5 million and spent an average of 144 days on the market. They total $123.7 million in asking dollar volume.\u00a0<\/p>\n<p>At the top of the report is the lot at 93 Palm Avenue, which once belonged to Capone.\u00a0<\/p>\n<p><a href=\"https:\/\/therealdeal.com\/new-york\/2018\/04\/19\/mobster-al-capones-former-miami-beach-mansion-asks-15m\/\" rel=\"nofollow noopener\" target=\"_blank\">The Prohibition-era gangster bought the home<\/a> in 1928 for $40,000. He died at the Palm Island property in 1947. The property was demolished in 2023. The seller is an LLC named after the property that paid $15.5 million for the lot in 2021. It\u2019s on the market with Joel Lusky of the Brokerage South Florida and Jordan Karp of Jordan Karp LLC.\u00a0<\/p>\n<p>The condos that secured buyers last week have an average asking price of $5.6 million and spent 116 days on the market, on average. They total $22.5 million in asking dollar volume, or an average of $1,780 per square foot.\u00a0<\/p>\n<p>Last week in New York, buyers signed contracts for 29 homes, <a href=\"https:\/\/olshan.com\/marketreport.php\" rel=\"nofollow noopener\" target=\"_blank\">according to Olshan Realty<\/a>. Their combined asking price is nearly $246 million, and the typical home spent 507 days on the market.<\/p>\n<p>\tRead more<br \/>\n\t\t\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2026\/04\/27\/manny-medina-finds-buyer-for-30-million-coral-gables-manse\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/Manny-Medina-Finds-Buyer-for-30-Million-Coral-Gables-Manse_-200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"Manny Medina, One Sotheby\u2019s International Realty Ralph Arias and Luxe Living Realty's Dora Puig with 555 Arvida Parkway and 7085 Fisher Island Drive\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tResidential\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n<p>Billionaire tech mogul Manny Medina finds buyer for $30M waterfront mansion<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2026\/04\/20\/robert-rivani-finds-buyer-for-palm-island-home-flip\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/Robert-Rivani-Finds-Buyer-for-Palm-Island-Home-Flip-200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"16 Palm Avenue with Robert Rivani and Dina Goldentayer and 220 Bal Bay Drive with Coldwell Banker\u2019s Monica Betancourt\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tDevelopment\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n<p>Robert Rivani finds buyer for waterfront Palm Island flip asking $28M<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2026\/04\/13\/quirch-foods-owner-selling-miami-area-home-asking-47-million\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"133\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/Quirch-Foods-Owner-Selling-Miami-Area-Home-Asking-47-Million_-200x133.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"Luxe Living Realty's Dora Puig and One Sotheby\u2019s International Realty's Dennis Carvajal with 1005 Fisher Island Drive and 625 Reinante Avenue\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tResidential\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n<p>Quirch Foods owner finds buyer for waterfront Old Cutler Bay estate asking $47M<\/p>\n<p>\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The waterfront property that once belonged to the late mobster Al Capone will soon have a new owner.\u00a0&hellip;\n","protected":false},"author":2,"featured_media":258260,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[111952,123,125,124],"class_list":["post-258259","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-al-capone-miami-beach","tag-miami","tag-miami-headlines","tag-miami-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/258259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=258259"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/258259\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/258260"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=258259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=258259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=258259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}