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Versace House, Luxury In South Beach

THE VERSACE HOUSE  aka CASA CASUARINA was built in 1930 and modeled after Alcazar de Colon in Santo Domingo, a residence built in 1510 by the son of Christopher Columbus and reputedly the oldest existing house in the western hemisphere.  Gianni Versace purchased the building in 1992 for $2.9 million.  After receiving city approval, he demolished the hotel next door and added a two story 6,100 foot addition transforming  it to Versace’s Miami Beach House.

In September of 2000 Peter Loftin a telecommunications billionaire, purchased the house from Vresace Estate for about $19 million and has resided in his new home from time to time.

The city has allowed Mr. Loftin to convert the Versace house to a member’s only club and in addition is being used as a Luxury Hotel.    Room rates at this 5 *****star hotel staart at:  In low season  from$1,200/per night and during high season from $3,995/per night.

Looking for luxury Real Estate call Tammy or Marci for assistance.

This entry was posted on Sunday, July 26th, 2009 at 8:02 pm and is filed under Buyers, Historical sites of Miami, Luxury Properties, Neighborhoods. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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