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For sell: Gianni Versace’s Miami Beach house $125 million

by Rachel Leroy June 13, 2012, 10:52 am 1.9k Views

Casa Casuarina at Miami Beach, Florida, was purchased by the late fashion designer Gianni Versace 1992 for $10 million and then invested another $33 million in the property (like adding a 54-foot-long mosaic-tiled pool lined with 24-karat gold).

Peter Loftin, a telecom entrepreneur, purchased the property in 2000 for $20 million and served as a residence and later a boutique hotel. Now Casa Casuarina is on the market for $125 million and is the most expensive home for sale in the United States.