REMEMBER

Fall in love with a home that comes with a story and a charm unlike any other. Own and live in a piece of American history.

If these walls could talk, what a story they would tell. Prohibition-era gangster Al Capone bought this property in 1928, apparently because “it reminded him of the sunny shores of Italy.” He used this property as his sunshine retreat and getaway from his life as a big time Chicago gangster, until he died here, in his bedroom in 1947.

Seven decades later, in 2014, MB America acquired the estate on behalf of a private investor, rescued it from a state of progressive deterioration and renovated it, paying meticulous attention to its original integrity.

The wealth management and investment firm contracted a Boston-based team of experts in restoring and rebuilding heritage buildings. After 6 months of intensive work, a team of 50 people led by MB America brought the 1922 mansion back to its original splendor.

Today, 93 Palm is a private property which has been featured in a wide range of TV programs and documentaries, and has hosted photo and video shoots, events, movie and product launches.

1922

House is built

The house is built as an investment by Pennsylvania born Clarence M. Busch, a successful realtor.

1922
1928

Capone buys the house

1928 After leaving Alcatraz, at the age of 29, Al Capone buys the house in his wife’s name for $40,000.

At the time, the house was owned by James W. Popham, a successful insurance broker. Capone was not in search of a house but was approached by hotel owner Parker Henderson Jr., son of a former Mayor of Miami, and then Miami Mayor John Newton Lummus Jr., who was also a realtor. James Popham was furious when he found out through insurance records that Al Capone was to be the new owner of the house as he had believed that he was selling it to Parker Henderson, Jr. (Source: Myalcaponemuseum.com)

In 1928, JW Popham filed suit to foreclose on Al Capone’s winter home. Popham alleged that he sold the property on Palm Island for $30,000 to Parker Henderson and that the Capones never paid the indebtedness or any part of it (Source: Los Angeles Times – September 13, 1928, page 5).

Capone spent $200,000 to create a winter command post with a gate-guest house, a 7ft high wall, search lights, a cabana and a coral rock grotto. 

1928
1931

Capone is sent to prison

Capone goes to prison for a tax evasion conviction

1931
1938

Capone returns to Palm Island

Al Capone returns to Palm Island.

1938
1947

Capone dies

Al Capone dies in his Palm Island house on January, 25th, at the age of 48. 

1947
1952

Capone’s wife sells the property

Mae Capone, Al Capone’s wife, sells the house to Cleveland realtor Thomas Warren Miller. 

1952
1968

The property hits the market

William Knowles buys the house for $48,000. 

1968
1969

93 Palm listed again

The home is sold to Mr. Roy Fowler for $50,000. 

1969
1971

Pilot buys the property

Delta airline pilot Henry T. Morrison purchases 93 Palm avenue mansion for $56,000 without even knowing it was once owned by Al Capone. 

1971
1982

Current owner gives 93 Palm a makeover

The house is remodeled.

1982
2006

Property is put on the market

Henry Morrison places the house on the market. 

2006
2011

Property finds a new owner

Peter L. Corsell, a founder of an energy company, buys and renovates the house.

2011
2013

93 Palm is back on the market

The house is sold to a French buyer. 

2013
2014

MB America buys the property

In May 2014, MB America purchases the 93 Palm Avenue property on behalf of a private investor and renames it 93 Palm. 

2014
2015

Property taken down to the studs

In March 2015, after total refurbishment, 93 Palm re-opens as an exclusive photo and video productions venue. 

2015
2018

Property is put on the market

MB America lists the property for a selling price of $15m

2018