Alan Faena Lists His Bold Miami Beach Home for $16.5 Million

The fashion designer turned real-estate developer said his darlingly decorated estate was the inspiration for his successful Faena Hotel project.

Alan Faena, an Argentine fashion designer turned real-estate developer, is listing his daringly decorated Miami Beach home for $16.5 million.

Mr. Faena said the home served as inspiration for the colorful design of the Faena Hotel Miami Beach, which he developed nearby.

Known as Villa Crono, the Mediterranean estate has Mr. Faena’s signature...