Versace Mansion Sells at Auction for $41.5 Million

The iconic Versace mansion where Gianni Versace was killed in 1997 has been sold for .5 million dollars to Jordache enterprises. According to The Miami Herald, the south beach mansion will be.

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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.

 · Gianni Versace’s palace, known as Casa Casuarina, sold at auction today for $41.5 million.The highest bidder was VM South Beach LLC-a group that includes the Nakash family, who own Jordache Enterprises. Joe Nakash, the owner of the Victory Hotel next door, told the Miami Herald that he plans to turn the mansion into a hotel, which will operate in conjunction with the Victory.

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Versace Mansion Sale Falls Short of Expectations After Versace’s murder, the house sat empty for three years before Donatella sold it. After passing through the hands of two new owners, the mansion was purchased at auction for $41.5 million and is.

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 · The opulent Miami mansion that was once home to the late fashion designer Gianni Versace was sold tuesday morning, for $41.5 million, to.

 · The Nakash family outbid Donald Trump’s son and Palm Beach Polo owner Glen Straub to win the former Versace mansion for $41.5 million in a bankruptcy.

So much for Miami’s first $100 million sale. 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.

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"This is the most unique property that has ever been sold at auction. an estimated $33 million on improvements that included a south wing expansion and the golden pool. In 1997 Versace was shot to.

"The auction of this iconic South Florida villa closed at $41.5 million, which was the last price offered by VM South Beach LLC,” said Lamar Fisher, president of Fisher Auction Co.

The only private residence on Ocean Drive in South Beach, Miami, is officially off the market after its sale. house, was murdered on the steps of the house in 1997, at the age of 50. The Versace.

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