Versace Mansion Sells at Auction for $41.5 Million

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MIAMI (Reuters) – One of America’s landmark homes, the miami beach mansion that once belonged to Italian fashion designer gianni versace, was sold at an auction on Tuesday for $41.5 million to a.

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MIAMI – One of America’s landmark homes, the Miami Beach mansion that once belonged to Italian fashion designer Gianni Versace, was sold at an auction yesterday for $41.5 million to a business.

The South Beach mansion, once owned by Italian fashion designer Gianni Versace was sold at auction for $41.5 million to VM South Beach, the property’s mortgage holder, by Fisher Auction Co.

The Ocean Drive mansion on 11th Street gets little use since Versace’s murder by spree killer Andrew Cunanan, so his siblings, Donatella and Santo, have decided to sell it. style palazzo is between.

A bankruptcy judge in Miami on Wednesday approved the $41.5 million purchase of the former Versace. of mansion owner Casa Casuarina LLC, which is backed by telecommunications entrepreneur Peter.

The South Beach mansion once owned by the late Italian designer Gianni Versace sold at a bankruptcy auction for $41.5 million on Sept. 17, 2013. The winning group included New York’s Nakash family, who controls clothier Jordache Enterprises Inc. The 23,000 square-foot home had operated as a 10-room boutique hotel.

Versace mansion's $41.5 million sale disappoints. was sold for $41.5 million to the mortgage holder, VM South Beach, by Fisher Auction.

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After Versace’s death, his family sold the property. The Villa Casa Casuarina now is part of the victor hotels group, which acquired the mansion at a 2013 auction for $41.5 million. Continue reading.

Versace's former mansion now a luxury hotel in Miami Beach Gianni Versace's Miami Mansion sold at auction for a disappointing $41.5 million,

Versace Mansion Sells at Auction for $41.5 Million The Versace Mansion has sold at auction for $41.5 million. When the Versace mansion first hit the market, it was priced at $125 million. Two price cuts and a few months later, the home was listed at $75 million.

From the South Florida site: The Nakash family of Jordache jeans fame bought the Versace mansion at auction today, putting in a high bid of $41.5. million without putting up any additional cash.

The Versace Mansion has sold at auction for $41.5 million.

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After Versace’s death, his family sold the property. The Villa Casa Casuarina now is part of the Victor Hotels group, which acquired the mansion at a 2013 auction for $41.5 million. The opportunity to.

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