How Much Did Gianni Versace Pay for His House?

Gianni Versace was a legendary fashion designer known for his iconic designs and luxurious lifestyle. One of the most significant purchases he made during his lifetime was his Miami Beach mansion, Casa Casuarina.

The mansion, previously known as The Amsterdam Palace, was built in 1930 by architect Alden Freeman. Versace purchased the property in 1992 for an estimated $2.95 million, which is around $5.4 million in today’s currency.

The mansion is located at 1116 Ocean Drive, Miami Beach, Florida, and is a popular tourist destination today. It has ten bedrooms, eleven bathrooms, a swimming pool lined with 24-karat gold tiles, and numerous luxurious amenities that make it a true paradise on earth.

Versace’s passion for design is evident throughout the house’s interior and exterior spaces. The designer reportedly spent millions of dollars renovating the property to reflect his unique style and vision. He adorned the walls with beautiful frescoes and mosaics that were inspired by Greek mythology and Italian Renaissance art.

One of the most famous features of Casa Casuarina is the extravagant pool area. It features a 54-foot long mosaic-tiled pool lined with 24-karat gold tiles that shimmer in the Florida sun. The pool area also includes an open-air courtyard with lush greenery and statues that create a serene atmosphere for relaxation.

Aside from its opulent design elements, Casa Casuarina also has historical significance. In 1997, Gianni Versace was tragically murdered outside his Miami Beach mansion by Andrew Cunanan.

After Gianni Versace’s death, his family sold the property to Peter Loftin for $19 million in 2000. Loftin continued to operate it as a luxury boutique hotel called The Villa By Barton G until it closed in 2013 due to financial difficulties.

In conclusion, Gianni Versace paid around $2.95 million for his Miami Beach mansion, Casa Casuarina. The property is a testament to his impeccable taste and extravagant lifestyle, and it remains an important part of fashion and pop culture history.