Versace Mansion Listed for Sale by The Jills for $125 Million

Thursday, June 07, 2012
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Casa Casuarina, home to the late Gianni Versace, has been listed for sale by The Jills for $125,000,000. This historic estate is nothing short of a work of art. Versace originally purchased the home and the neighboring lot for under $10 million and restored it to its present state, he invested over $33 million and some of the additions includes a 6,100 square foot wing to the south, 54 foot mosaic tile pool with 24 karat fold inserts, mosaic courtyards, and hand painted frescoes adorning every wall, indoors and out.
   
The home is now owned by Peter Loftin who purchased the property for $20 million in 2000, he used the property as his private residence for a while but Loftin later turned the residence into a boutique hotel with the help of Barton G. restaurant and in 2009 it opened as the Villa by Barton G.
   
The property has ten bedrooms and eleven bathrooms and overlooks the ocean and Ocean Drive. It was originally built in 1930 by famed architect Alden Freeman. In addition to its remarkable features and amenities, its location places residents at the heart of the Miami Beach, giving easy access to the best restaurants, clubs, and stores in the city. There’s good reason why this is the most valuable and sought-after address in all of South Florida.
   
For more information on this property and other stunning properties in Miami Beach, contact us today.

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