Are you curious about the price tag of the luxurious Versace House? Look no further as we explore the answer in this article.
Location and Design
The Versace House, also known as Casa Casuarina, is located in South Beach, Miami. Originally built in 1930, the house was purchased by Italian fashion designer Gianni Versace in 1992. Versace spent millions of dollars renovating and expanding the property to include a pool, garden, and additional rooms.
Features
The mansion boasts ten bedrooms, eleven bathrooms, a rooftop observatory, a mosaic-covered pool, and an ornate courtyard. The interior is decorated with intricate designs and opulent furnishings that reflect Versace’s bold and lavish style.
The Price
In 2000, after Versace’s tragic death outside his home, the property was sold to Peter Loftin for $19 million. Loftin later turned it into a high-end boutique hotel before putting it on the market again in 2012 for $125 million.
However, due to lack of interest at that price point, the property underwent several price drops over the years. In 2020, it was listed for $75 million but ultimately sold for $33 million.
- Initial purchase by Gianni Versace: Unknown
- Sale to Peter Loftin: $19 million
- Listed in 2012: $125 million
- Listed in 2020: $75 million
- Sold in 2021: $33 million
In Conclusion
While the initial purchase price by Gianni Versace is unknown, the Versace House has changed hands several times over the years with a range of prices. Despite its recent sale at a lower price than originally listed, the mansion remains a symbol of luxury and extravagance in South Beach, Miami.