Casa Casuarina, the former Miami Beach home of late, great fashion designer Gianni Versace, has just been listed for a jaw-dropping $125M. Versace bought the aging apartment building back in 1992 for a comparatively modest price of just under $10M and spent more than three times that amount outfitting the mansion to his liking. With that remodel, he converted the building to single-family status, adding a 6,100-square-foot wing and "a 54-foot-long mosaic-tiled pool lined with 24-karat gold." In 1997, Versace was gunned down on the steps of the Casa Casuarina while collecting his morning newspapers. Purchased in 2000 by telecom entrepreneur Peter Loftin for $20M, the home has since been converted into an ultra-luxury hotel, Villa by Barton G., and is being sold as such. The listing price makes the Casa Casuarina the most expensive home for sale in the United States, tied with Suzanne Saperstein's Fleur de Lys in L.A.'s Holmby Hills. Situated directly across Ocean Drive from the sand, the house attracted interest last year from the parent company of mass-market denim brand Jordache, a development that probably had Gianni turning over in his grave.
· Versace Mansion Hits Market For Optimistic $125 Million Price [Curbed Miami]
· Home Once Owned by Gianni Versace Lists for $125 Million [WSJ]
· Come, Let's Tour the Most Expensive Estate in the Country [Curbed National]