This $43 Million Mansion Aims to Shatter Sales Records on Miami Beach’s Palm Island

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This $43 Million Mansion Aims to Shatter Sales Records on Miami Beach’s Palm Island
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The waterfront contemporary, just down from Al Capone’s former home, clocks in at more than 13,000 square feet.

One of the larger of the small, pill-shaped man-made islands that dot Biscayne Bay, Palm Island has fewer than 140 homes—most of them waterfront—and is accessible only by boat or by a single causeway off the MacArthur Causeway that connects South Beach to downtown Miami. Listed with Lourdes Alatriste of Douglas Elliman, the 13,000-square-foot home’s nine bedrooms and 8.

A bridge that connects the two wings of the upper floor passes through the double-height foyer and adjoining living room. Walls of glass allow for an easy transition to the backyard, and a towering buff-colored stacked stone wall divides the living and dining areas. The kitchen is sleek with premium appliances and a walk-in fridge, while the neighboring family room spills out to the yard thanks to walls of sliding glass doors.

Other notable features and creature comforts include an elevator, a movie theater, a wine cellar, and a room just for the resident fur babies.Covered patios, including a large area between the family room and a glass-walled poolside pavilion that houses a gym, provide respite from south Florida’s omnipresent sunshine, while the swimming pool and spa are lined with mosaic tiles in a multitude of blue colors.

Palm Island, a lush haven just moments from all the razzle-dazzle of Miami and South Beach, is perhaps best known as the former home of infamous Chicago gangster Al Capone, who in 1928 paid $40,000 for a home at 93 Palm Avenue that was originally built in 1922 for beer magnate Clarence Busch. The house was acquired in 2021 for almost $11 million by investor and property developer Todd Michael Glaser, who just this monthfor all the photos of 30 Palm Avenue.

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