Miami, Fla. (June 8, 2012) - Coldwell Banker Residential Real Estateâ€™s #1 Real Estate Team World Wide*, The JillsÂ®, comprised of Jill Eber and Jill Hertzberg, are proud to announce they will be representing Peter Loftin in the sale of the world-famous Casa Casuarina, at 1116 Ocean Drive, for $125 million.
â€śThe Casa Casuarina is the crown jewel of luxury real estate,â€ť said Jill Eber. â€śThis is not only the most well-known property on South Beach, but it is known world-wide for its elegance, style and attention to detail throughout every room. Buyers are continuing to have confidence in the ultra-luxury market here in South Florida and we are confident that the interest in this property will be very high.â€ť
Originally built in 1930 by architect, philanthropist, author and political reformer, Alden Freeman, this 19,000-square-foot property was designed to pay homage to the oldest existing house in the western hemisphere, the â€śAlcazar de Colonâ€ť in Santo Domingo. In 1937, after Freemanâ€™s death, Casa Casuarina was bought by Jacques Amsterdam, who renamed it, â€śThe Amsterdam Palace.â€ť
In 1992, couturier Gianni Versace purchased the property and invested $33 million on expansions including the south wing, and the pool and garden area, along with incorporating his artistic vision. The home was then bought in 2000 by current owner, Peter Loftin, who preserved and maintained all of Versaceâ€™s design elements to this day.
The 10-bedroom, 11-bathroom, gated home is highlighted by a 54-foot long, thousand mosaic pool, lined in 24-karat gold, numerous frescos and ornate statues, arched doorways and an open air courtyard.
â€śThe Casa Casuarina is visually stunning, and is one of the most well known properties in the world,â€ť added Jill Hertzberg. â€śRight now, with the attention and action the high-end luxury real estate market in the Miami-area is receiving, itâ€™s the perfect time to find the right buyer for this magnificent home. Whoever buys it will have instant celebrity.â€ť
â€śThis is an iconic oasis for the rich-and-famous that sits in the middle of South Beach,â€ť said current owner Peter Loftin. â€śItâ€™s a one-of-a-kind property, created by a genius; that is a piece of art, and a piece of history. There was only one real estate team that I could trust to find the proper buyer for a home like this, and that is The JillsÂ®â€ť
As the leading luxury real estate agents in South Florida and Miami Beach, The JillsÂ® have earned numerous awards of distinction, including being named Floridaâ€™s number one team for 10-consecutive years by Coldwell Banker Residential Real Estate, and in September of 2011, the Wall Street Journal/REAL Trends also ranked The JillsÂ® as the number one team in Florida based on 2010 sales volume.
Utilizing their powerful marketing strategies and extensive media exposure, The JillsÂ® attract the highest number of celebrities, Fortune 500 Executives, diverse international clientele and long-time Miami Beach residents, and carry the largest inventory of exceptional luxury residences in South Floridaâ€™s most elite enclaves such as Star Island, Fisher Island, Indian Creek Island, the Sunset Islands, Golden Beach, Miami Beach, Gables Estates and Tahiti Beach. Discerning consumers always value The JillsÂ® powerful brand and their continual delivery of exceptional results.
*Ranking based on Adjusted Gross Commission in 2011
About Coldwell Banker Residential Real Estate
Coldwell Banker Residential Real Estate (FloridaMoves.com), is the leading real estate brokerage company in Florida, serving the communities of Central Florida, Palm Beach, Southeast Florida, Southwest Florida and Tampa Bay. Coldwell Banker Residential Real Estate is part of NRT LLC, the nationâ€™s largest residential real estate brokerage company. Coldwell Banker Real Estate LLC and NRT LLC are subsidiaries of Realogy Corporation, a leading global provider of real estate and relocation se