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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. When the property headed to bankruptcy auction, the stalking horse bid started at $25 million.

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The former Versace mansion, a landmark in Miami Beach where Gianni Versace was murdered, will be sold at a bankruptcy auction on Sept. 17, according to Lamar Fisher of Fisher Auction Co.

 · Once Listed For $125 Million, The Versace Mansion Heads To Bankruptcy Auction. In 1997 Versace was shot to death on the doorstep of the mansion, murdered by Andrew Cunanan, a serial killer who had been on America’s Most Wanted list. Loftin acquired the home from Versace’s heirs for $19 million in 2000.

Versace Mansion in Foreclosure The 23,000-square-foot mansion, will go on the block at a bankruptcy auction on September 17, according to Lamar Fisher, president of the Fisher Auction Company. The auction will be held at the .

MIAMI BEACH, Fla. (AP) – Here are five things to know about the Miami Beach mansion once owned by designer Gianni Versace which goes up for auction Sept. 17.

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The Nakash family, owners of Jordache enterprises, won the former Versace mansion with a $41.5 million bid in a bankruptcy auction, the South Florida Business Journal reported. The family plans to run the mansion in connection with their Hotel Victor next door, the journal report said.

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Versace Mansion Goes to Bankruptcy Auction Woven into the home’s silk-and-velvet drapes is a costly history. Woven into the home’s silk-and-velvet drapes is a costly history.

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The former versace mansion fetched a top bid of $41.5 million at a high-profile auction Tuesday from New York’s Nakash and Gindi families, who own the Hotel Victor next door.

Gianni Versace’s world famous Versace Mansion, now called Casa Casuarina will end up at bankruptcy auction. Original price for the Miami home where fashion designer Gianni Versace lived before he was gunned down was $125 million. Last year, price was reduced on $100 million, and once more to $75 million.

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