A waterfront Miami mansion designed by the late Gianni Versace’s favorite architect has finally sold for $13 million, Gimme Shelter reports exclusively.
The sprawling estate on the Venetian Isles first hit the market for $20 million in 2019 and was last asking $13.5 million. The villa at 921 N Venetian Drive is a massive 27,250 square feet and comes with 175 feet on Biscayne Bay.
It was designed by Lorenzo Carmellini, the Milan-based architect who created Versace’s homes and boutiques — often with his late partner, Rocco Magnoli. This home, built with imported Italian materials and artisans, took almost eight years to complete. The materials alone cost $6 million, the brokers say.
Details include Carrara marble floors, onyx bathrooms, elaborate wood work, coffered ceilings, a formal dining room, a large outdoor kitchen, a mosaic swimming pool — and a deep water dock big enough for a yacht.
It weighs in at a massive 27,250 square feet. Allan Kleer & Fabian Garcia-Diaz, ONE Sotheby’s International Realty
There are Versace-esque touches throughout. Allan Kleer & Fabian Garcia-Diaz, ONE Sotheby’s International Realty
It was sold by the estate of the late, Texas-based financier Ken Hill. Allan Kleer & Fabian Garcia-Diaz, ONE Sotheby’s International Realty
It comes with 175 feet on Biscayne Bay. Allan Kleer & Fabian Garcia-Diaz, ONE Sotheby’s International Realty
And it boasts city views. Allan Kleer & Fabian Garcia-Diaz, ONE Sotheby’s International RealtyAllan Kleer and Fabian Garcia Diaz with One Sotheby’s International Realty represented the seller, the estate of the late, Texas-based financier Ken Hill. The buyer ia trader/investor Josh Patkin, who posted some “closing” photos by the home on his social media. Michael Kuritnik of Compass repped Patkin.
The mansion is composed of two separate lots. Hill bought the first for $3.7 million in 2009 and the second for $2.82 million in 2013. The gated, two-story manse comes with five bedrooms and five and a half bathrooms.
