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Versace's former South Beach mansion for sale: $125 million

By Michael Martinez, CNN
updated 4:43 PM EDT, Sat June 9, 2012
The Miami Beach residence once owned by slain fashion designer Gianni Versace is up for sale.
The Miami Beach residence once owned by slain fashion designer Gianni Versace is up for sale.
STORY HIGHLIGHTS
  • A South Beach mansion once owned by Versace has a "for sale" sign
  • Fashioner designer Gianni Versace was fatally shot on his door step in 1997
  • Spree killer Andrew Cunanan, suspected in Versace's murder, killed himself
  • The luxury home, called Casa Casuarina, has 10 bedrooms and 11 bathrooms

(CNN) -- The Miami Beach, Florida, mansion outside which owner and fashion designer Gianni Versace was killed is up for sale at $125 million, a real estate firm said.

The 19,000-square-foot Casa Casuarina in South Beach has 10 bedrooms and 11 bathrooms, and a centerpiece to the gated compound is a 54-foot-long pool lined in 24-karat gold and adorned with mosaics, frescos, statues, arched doorway and a courtyard, according to real estate agents with Coldwell Banker.

Versace bought the house in 1992 and spent $33 million on improvements such as a south wing expansion, the pool and garden, the agents said.

Versace's Lake Como Villa items up for sale

Versace was shot to death on the doorstep of his home in 1997, and spree killer Andrew Cunanan is believed to have killed him and four others before Cunanan shot himself in the head on the upper floor of a houseboat in Miami Beach, where he was holed up to avoid police after the Versace shooting.

2010: Versace mansion's new life
Very Versace

In 2000, the house was bought by Peter Loftin, who conserved Versace's touches to the residence, the real estate agents said.

"This is an iconic oasis for the rich-and-famous that sits in the middle of South Beach," Loftin said in a statement. "It's a one-of-a-kind property, created by a genius; that is a piece of art, and a piece of history."

Added real estate agent Jill Eber in statement: "The Casa Casuarina is the crown jewel of luxury real estate."

The house was built in 1930 by architect, philanthropist, author and political reformer Alden Freeman, and its design was inspired by the oldest existing house in the Western Hemisphere, the "Alcazar de Colon" in Santo Domingo, Dominican Republic, the real estate firm said.

The Alcazar de Colon, once a Colonial palace, is the only known home of the family of explorer Christopher Columbus and is now a museum, according to its website.

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