Realty Byte: Ryan Serhant Dishes On Versace's $25M Discount Digs

Talk about a designer deal!

Well, if you’ve got an extra $75 million just laying around, this is the kind of over-the-top extravagance that’s right up your alley.

The late Gianni Versace, who was infamously murdered in front of his beloved Miami villa in 1997, built this stunning masterpiece from the ground up -- and since his untimely death it's been on a off the market ever since.

Telecom mogul Peter Loftin picked up the 23,462-square-foot Mediterranean mansion known as Casa Causanrina for a bargain $19 million and transformed it into a boutique hotel -- and a $125 million price tag to go with it when it hit the market.

But after languishing for years without any nibbles (because surprisingly no one can afford $125M roof over their head), it’s been reduced by $25M (twice!) to the nice round figure of $75 million.

Surely, that’s gonna get some takers now. I mean, they’ll even throw in a 24-karat gold-lined mosaic pool.

And there's even more bang for your buck because that's not the only piece of opulence the lucky new owner will get.

Inside is just as majestic with 10 regal bedrooms (each decorated in a different theme), hand-painted walls and lavish European craftsmanship.

Let Million Dollar Listing New York’s Ryan Serhant take you on a personal tour of these decadent digs in the video above.

 

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