The Versace Estate, also known as Casa Casuarina, is a luxurious mansion located in Miami Beach, Florida. The estate was previously owned by the iconic Italian fashion designer, Gianni Versace. After his tragic death in 1997, the property was sold to Peter Loftin, a telecom mogul.
Casa Casuarina is an epitome of opulence and grandeur. The mansion spans over 23,000 square feet and has 10 bedrooms and 11 bathrooms. It features extravagant amenities such as a 54-foot long mosaic-tiled swimming pool lined with 24-karat gold, a rooftop observatory, and a private suite that used to be Gianni Versace’s personal quarters.
The estate also boasts of stunning architecture influenced by Mediterranean styles and features intricately crafted interiors with ornate details. The intricate designs include hand-painted frescoes from Italy, marble floors imported from Greece and Turkey, and custom-made furniture.
However, the luxurious estate comes with a hefty price tag. According to recent estimates, the Versace Estate is worth an estimated $125 million USD. This value is attributed to the property’s prime location in Miami Beach’s upscale Ocean Drive neighborhood and its rich history as the former residence of one of the most influential fashion designers of all time.
Despite its high value, Casa Casuarina has been on the market for quite some time now after Loftin put it up for sale in 2012 for $125 million USD. Since then, its price has been reduced several times to $75 million USD in hopes of finding a new buyer.
In conclusion, the Versace Estate or Casa Casuarina is an extravagant mansion that represents luxury living at its finest. With its prime location in Miami Beach’s upscale Ocean Drive neighborhood and rich history associated with Gianni Versace’s name, it comes as no surprise that this property has an estimated worth of $125 million USD.