Gianni Versace’s Old South Beach Home on the Market for $125 Million
The famed mansion once owned by Gianni Versace is back on the market for a staggering $125 million.
Versace bought Casa Casuarina in 1992 for $3 million and reportedly spent an additional $33 million on its renovations. The Italian designer was killed outside the mansion five years later.
According to Miami Herald, the property is now owned by entrepreneur Peter Loftin, who bought the home for $19 million in September 2000 from the Versace estate. Considering the current market price, Loftin got it for a steal (sort of).
The mansion has 10 bedrooms, 11 baths, a ton of frescoes and statues, and a 54 foot mosaic pool lined with 24-karat gold. Now this what you call haute living.
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