This is certainly one of the most emblematic properties in South Beach. Located on 11th Street and Ocean Drive, the Casa Casuarina is better known as the Versace’s Mansion. The glamorous 18,838 sq ft home built in 1930 became famous in 1997 when the Italian designer got murdered on its footsteps.

Since 2009, the mansion was a boutique-hotel but who knows what it will become now. The 10 bedrooms and 11 baths property just got listed for sale at $125 million!

I think that there is no need to tell you that even in Miami homes valued over $100 million are really rare. The only other home in the US in this price range is the Fleur de Lys in Bel Air California, which is listed at $125 million as well.

I don’t doubt that the Casa Casuarina will find a buyer. This huge mansion and its 54-foot mosaic pool lined in 24-karat gold is a gem that is certainly going to seduce international buyers.

If you love the neighborhood but don’t have the 125 million right now in your pocket, I am sure I can find you a more affordable condo right next door at Il Villaggio.