The iconic Bacardi Tower and Museum located north of downtown Miami has been sold.
And in keeping with its artistic exterior, its interior will serve as a new home to the arts.
National YoungArts, Foundation, created by Ted and Lin Arison in 1981, will set up shop in the blue-and-white-tiled building, which was designated historic in 2009.
The tower and the nearby smaller stained-glass building complex will be revamped in part by Frank Gehry, who designed the New World Symphony's home on Miami Beach.
The purchase price is $10 million.