Tag Archives: Miami Real Estate

Richard Malouf’s Water Park COULD Have Been Worse: Could Have Been Lined with Gold, Like Versace’s

Over on SecondShelters.com, our Miami correspondent, Andrea Kavanagh tells us the South Florida market is sizzling — just what I heard at NAREE. It’s from foreigner’s buying up Miami real estate with hard, cold cash. Speaking of cash, Versace said “money was not just no object, it was irrelevant” when he built his waterside mansion and lined the 54-foot swimming pool in 24 carat gold. Kind of makes a $3 million backyard water park not such  big deal, doesn’t it?

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