The selling price of trophy properties around the world continues to climb and continues to amaze
Trying to capitalize on this luxury property bubble, Peter Loftin, the owner of Casa Casuarina, known to one and all as the Versace Mansion in Miami Beach, has listed the property for sale at a healthy $125 Million
The status of the property today is a bit murky….sometimes referred to as a Hotel, sometimes a private club and maybe an events space managed by the restaurant Barton G, the property is seen to be ripe for it’s next new chapter under different ownership
Many might not remember the late Palm Beach based designer, Terry Scott, who transformed the almost derelict mansion for Italian designer Versace’s over the top vacation villa…if he had lived to middle age, Terry would have rocketed to the top of the interior design world….he was amazingly creative, immensely talented, and capable of spending any client into the poorhouse! ….
With all kinds of record property transactions in hotspots around the globe, it shouldn’t take too long to get this deal done…..who knows, it might just make a perfect weekend dacha for a Russian oligarch, a tented palace for an oil rich emir, or possibly even a south Florida hideaway for a Silicon Valley tech billionaire