Versace Mansion Sells at Auction for $41.5 Million

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The Versace mansion was sold at a court-ordered bankruptcy auction for $41.5 million a few hours ago to a group that includes New York’s Nakash family, the major owner of Jordache Enterprises.

Casa Casuarina, which is still called "the Versace mansion" by locals, was initially listed for sale at $125 million in 2012. The bidding started at $25.5 million.

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The cast and crew flocked to Casa Casuarina in Miami's South Beach in. Donatella sold the property three years later and it changed hands several. They paid $41.5 million for it at an auction in 2013, beating a bid from.

Gianni Versace Casa Casuarina pool night. reduced again to $75 million and is now headed to the auction block.. SALE UPDATE 09/17/13: Sold for $41.5 million to the mortgage holder, VM South Beach, by Fisher Auction.

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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 business group that.

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The price marks a sharp fall for a house that got widespread media attention and listed last year for $125 million. The price marks a sharp fall for a house that got widespread media attention and listed last year for $125 million.

After more than a year on the real estate market, Miami’s Versace Mansion finally sold for $41.5 million in a closed-door auction today. For those keeping score, that’s an $83.5 million discount.

 · The former mansion of the late fashion designer Gianni Versace was sold at auction for over $41million. A steal, considering the original asking price was $125 million. (SOUNDBITE) (English) LAMAR FISHER, PRESIDENT OF FISHER AUCTION, SAYING: "The property has been sold. There will be a new owner tomorrow on the court confirmation.

Fisher Auction Company sold The Former Versace Mansion for $41.5 Million 166% of the Minimum Bid By Order of the United States Bankruptcy Court (The Former Versace Mansion) This Crown Jewel of Ocean Drive is one of the most coveted trophy properties worldwide and is recognized for its elegance and style.

THE luxurious villa where Italian fashion designer Gianni Versace was murdered in 1997 was sold at auction Tuesday. Beach Polo and Country Club. "The auction of this iconic South Florida villa.