Does Versace Still Own the House in Miami?

If you’re a fashion enthusiast, you might be wondering if Versace still owns the iconic mansion in Miami that was once the residence of the late Gianni Versace. The mansion, commonly known as Casa Casuarina, is located at 1116 Ocean Drive in South Beach and has a rich history that dates back to the 1930s.

The History of Casa Casuarina

Originally built in 1930 by architect Alden Freeman, the mansion was named “Casa Casuarina” after its distinctive casuarina trees. In 1992, fashion designer Gianni Versace purchased the property and transformed it into his own personal oasis. He added a 6,100 square foot south wing and a pool inlaid with thousands of 24-karat gold tiles.

Unfortunately, Versace’s time at Casa Casuarina was cut short when he was tragically murdered on its front steps in 1997. After his death, Casa Casuarina was converted into a boutique hotel and restaurant.

Does Versace Still Own Casa Casuarina?

Despite being one of Miami’s most famous landmarks, Versace’s family no longer owns the property. In September 2000, Donatella Versace sold Casa Casuarina to Peter Loftin for $19 million. Loftin had plans to turn it into a private club but eventually filed for bankruptcy and lost ownership of the property.

Today, Casa Casuarina is owned by Jordache Enterprises Inc., who purchased it for $41.5 million in 2013. The company has since turned it back into an ultra-luxe hotel and event space where guests can stay in one of ten suites or host extravagant parties.

The Legacy of Gianni Versace

Although Gianni Versace’s time at Casa Casuarina was short-lived, his legacy lives on. The mansion is still a popular tourist attraction and has been featured in numerous films, TV shows, and music videos. It’s also a reminder of Versace’s impact on the fashion world and his love for Miami.

In conclusion, Versace no longer owns Casa Casuarina. The mansion has exchanged hands several times since Versace’s death and is currently owned by Jordache Enterprises Inc. However, its history and connection to Gianni Versace make it a beloved landmark in Miami that will continue to attract visitors for years to come.

  • Gianni Versace purchased Casa Casuarina in 1992.
  • Casa Casuarina was sold by Donatella Versace in 2000 for $19 million.
  • The property was purchased by Jordache Enterprises Inc. in 2013 for $41.5 million.

Key Takeaways

  • Casa Casuarina is an iconic mansion located at 1116 Ocean Drive in South Beach.
  • The mansion was originally built in 1930 as a home for architect Alden Freeman.
  • Giani Versace purchased the property in 1992 and transformed it into his own personal oasis.
  • Versace’s family no longer owns the property – it was sold to Peter Loftin in 2000 and is now owned by Jordache Enterprises Inc.