Al Capone's Restored Miami Beach Mansion Holds Open House

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MIAMI BEACH (CBSMiami/AP) – The former home of notorious gangster Al Capone was on display Wednesday following an extensive restoration project.

The nearly 90-year-old property where Al Capone died in 1947 is valued at about $5.6 million, according to county property records.

The home had been in a long decline until its recent purchase by a private investor. Miami-based MB America says it will be available for video and photo shoots.

Among those attending the event was Capone's grandniece, Deidre Marie Capone.

The property, a nine-bedroom mansion on Palm Island, was bought in 1928, during the height of Prohibition. He lived there in declining health for several years after his 1939 release from prison on a tax conviction.

Click here to watch Lisa Petrillo's report. 

(TM and © Copyright 2015 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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