The Azerbaijan State News Agency

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Gianni Versace’s House in Miami Can Be Yours for $125 million

Baku, June 13 (AZERTAC). Casa Casuarina, the Miami Beach, Fla., house once owned by late fashion designer Gianni Versace, is on the market for $125 million.

Known as Casa Casuarina, the 10-bedroom, 11-bathroom house overlooks the ocean. Mr. Versace bought the home and its adjacent lot in 1992 for just under $10 million and then invested another $33 million in the property, adding a 6,100-square-foot south wing, a 54-foot-long mosaic-tiled pool lined with 24-karat gold, a mosaic-covered courtyard and frescoes on the home's walls and ceilings.

He was killed outside the home in July 1997.

Peter Loftin, a telecom entrepreneur, purchased the property in 2000 for $20 million.

After using it as a residence for several years, Mr. Loftin turned the home into a boutique hotel with a restaurant and opened it in late 2009 as the Villa by Barton G.

 

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