Restoration Fever Spreads: Two buy ‘jewel of Ocean Dr.’ (1986)
Read Time: 2 mins Now known most famously as the former home of Gianni Versace during the 1990s, in the 1980s the Villa Casa Casuarina was an apartment house called the Amsterdam Palace. At the time this article was written, the property was among the most sought-after in all of South Beach. Developers Gerry Sanchez and Amancio Victor Suarez bought the property for double its real estate value: