By Debbie Emery – Radar Reporter
So THIS is what $125 million buys you nowadays!
Gianni Versace made his name creating beautiful works of art, and the world renowned fashion designer‘s mansion was equally as stunning as his creations on the catwalk, and RadarOnline.com has photos inside, courtesy of Zillow.com.
Now, 15 years after his shocking murder, his former Miami Beach, Florida home is listed for an impressive $125 million, which is $35 million more than even the notorious Spelling mansion was sold to Petra Ecclestone for last year, making it one of the most expensive pieces of real estate on the market.
Known as Casa Casuarina, the 18,838-square-foot home was built in 1930 by architect and philanthropist Alden Freeman and boasts 10 bedrooms, 11 baths and a dreamlike 54-foot mosaic pool lined in 24-karat gold.
Versace bought the estate in 1992 for the bargain price of $10 million but then spent an added $33 million renovating and expanding it to his exact tastes, adding an entire south wing, exterior plazas and the glitzy pool.
Tragically the Italian’s signature property was also the location of his murder when he was shot outside the house in July 1997 by Andrew Cunanan. It was then sold to a telecom entrepreneur who transformed it into a boutique hotel known as Villa by Barton G.
Despite the massive price tag, realtor Jill Eber doesn’t think it will be hard to sell. “Miami is now seeing prices like it’s never seen before, with an influx of international buyers, so it’s the perfect time to sell this trophy property,” she told the Wall Street Journal.