One of the most notorious pieces of real estate in South Florida is back on the block. 

According to the Sun Sentinel, the asking price for the one-time waterfront home of gangster Al Capone is nearly $8.5 million.  It's the place where Capone died after being released from Alcatraz and where he is said to have plotted the St. Valentine's Day Massacre in 1929. 

It's a 10,000 square foot mansion, sitting on the exclusive Palm Island near Miami Beach. 

Incidentally, Capone bought the home for $40,000 in 1928.

Click Here for photos of Capone's former South Florida home.

Photo: Getty Images