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Miami is often called the Magic City, and this opulent Italian Renaissance-style villa, as ornate as a Fabergé egg, is its fairy-tale residence. Built for industrialist James Deering in 1916, Vizcaya Palace is brimming with 15th- to 19th-century furniture, tapestries, paintings, and decorative arts. The seaside grounds, which front Biscayne Bay, are full of gardens, fountains, sculptures, elegant pools canals, trails, and a charming Florentine gazebo.