Russian mogul buys Al Capone Miami Beach property, Georgia ex-con sells Hibiscus Island home for record price

by Grace McClung

New details have emerged on two splashy Miami Beach deals, including the buyer of a property once owned by Al Capone and the seller of a record-breaking $51.5 million sale in Hibiscus Island.  Capone’s 0.7-acre waterfront lot at 93 Palm Avenue went under contract in May and sold earlier this month for $21 million, according to Redfin. The seller is an LLC named after the property that bought the lot for $15.5 million in 2021, The Real Deal previously reported. The buyer was revealed this week as Russian mogul Ilya Karpov, who previously served as a general director at the […]

This article originally appeared on The Real Deal. Click here to read the full story.

Eric Reikenis
Eric Reikenis

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