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NEW YORK (MainStreet) — Opulence, elegance and a little bit of history are what you'll find at 1116 Ocean Drive in Miami Beach.

Does the address ring a bell?

It should. It's the former home of fashion designer Gianni Versace, the home that made headlines when he was murdered on the front doorsteps by spree killer Andrew Cunanan in 1997.

Now known as The Villa by Barton G, the property has just opened to the public as a luxury boutique hotel and restaurant.

The mansion's new name pays homage to events impresario and restaurateur Barton G. Weiss, who is managing the property, bought last September by the Nakash family for $41.5 million.

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If you've always wondered what a wealthy fashion icon lived like, now is your chance. Room rates start at $795.

Guests can book one of 10 palatial suites at the property, ranging from the 434-square-foot Medallion Suite overlooking one of the most beautiful mosaics at the mansion, to the stunning 1,428-square-foot Venus Suite, which features two private balconies overlooking Ocean Drive.

Each of the remarkable guest rooms features custom interiors, patios and balconies, along with king and double-king beds with custom Egyptian cotton linens, goose down pillows and duvets and Italian marble bathrooms.

The mansion's 54-foot-long Thousand Mosaic swimming pool is lined in 24-karat gold and designed by Gianni Versace.

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Il Sole (Italian for "The Sun"), the villa's new restaurant, features a Mediterranean-influenced menu served in an elegant and stunning dining area featuring walls of pebble mosaics imported from Spain and a spectacular frescoed ceiling. Executive chef Scott Linquist and executive pastry chef Luis Vasquez are at the helm of the kitchen. Food will be served on Versace-designed Rosenthal china.

Visitors who want to experience a piece of history can also book the 1,174-square-foot Villa Suite, Versace's former bedroom, which features a 9-foot double king-size bed, two balconies, seven custom-made closets and an ornate oversized shower. Guests of the hotel will also have exclusive access to the mansion's two private lounges, including the seductive Moroccan Room.

The Villa By Barton G. is also available for weddings, corporate and private events, which can include guests entering the gated Villa for cocktails in the courtyard, followed by a private dinner at Il Sole or reception near the pool.

— By Mia Taylor