Former Versace mansion listing reduced to $75M

Miami /
May.May 22, 2013 11:00 AM

Casa Casuarina, the former 1930s Versace mansion in South Beach, had its offer price reduced from $100 million to $75 million, according to Coldwell Banker’s listing agents Jill Hertzberg and Jill Eber, otherwise known as the Jills.

The 25-percent price cut comes on the heels of a lawsuit by current tenant, star Miami chef Barton Weiss, for an emergency injunction to remove his boutique hotel and event space without further ado, as The Real Deal reported last week.

The home of Italian couturier Gianni Versace from 1992 until he was slain outside the front entrance in 1997, current owner Peter Loftin bought the home in 2000.

Weiss, aka Barton G, filed a complaint alleging that Loftin knew of the property’s foreclosure threat before leasing it in 2009. Weiss said the property’s tenuous finances deterred business.

The 10-bedroom, 11-bathroom gated home on Ocean Drive boasts a 54-foot-long mosaic pool lined in 24-karat gold, numerous frescoes and statues, arched doorways and an open-air courtyard. –Emily Schmall


Related Articles

arrow_forward_ios
Howard Lorber and 1525 North View Drive

Howard Lorber buys waterfront Sunset Islands home for $12M

Howard Lorber buys waterfront Sunset Islands home for $12M
Rick Pitino and 38 Indian Creek Island Road (Credit: Luxhunters, Panagiotis Moschandreou/Euroleague Basketball via Getty Images)

Basketball coach Rick Pitino sells Indian Creek waterfront mansion

Basketball coach Rick Pitino sells Indian Creek waterfront mansion
Julian Cohen and a rendering of the project

Felix and Julian Cohen propose waterfront spec mansion on North Bay Road

Felix and Julian Cohen propose waterfront spec mansion on North Bay Road
The Indian Creek lot and Julio Iglesias (Credit: Getty Images)

Singer songwriter Julio Iglesias relists Indian Creek lot for $32M

Singer songwriter Julio Iglesias relists Indian Creek lot for $32M
From left: Nelson Gonzalez, Danny Hertzberg, Julian Johnston and Ben Moss

“The biggest week of the year”: Luxury brokers eye potential buyers in town for Super Bowl

“The biggest week of the year”: Luxury brokers eye potential buyers in town for Super Bowl
From left: Jill Hertzberg and 1633 North View Drive, and Dr. Arthur Agatston and Sari Agatston (Credit: Getty Images)

South Beach Diet founder sheds Sunset Island home

South Beach Diet founder sheds Sunset Island home
249 West Alexander Palm Road and Kimberly Vassalluzzo

Fund manager’s wife buys Boca Raton mansion for $13M

Fund manager’s wife buys Boca Raton mansion for $13M
387 Ocean Boulevard (Credit: Realtor)

Golden Beach oceanfront home of late attorney sells for price chop

Golden Beach oceanfront home of late attorney sells for price chop
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...