Versace Mansion Goes To Bankruptcy Auction

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.

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.

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.

Law360, Miami (December 3, 2013, 8:08 PM EST) — The sale of Gianni Versace’s South Beach mansion was the end of a long road that involved buying the property’s mortgage from a failed offshore.

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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 .

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The Versace Mansion. In the past few years (before the owners filed for bankruptcy) couples were able to rent the property for weddings. At last check the cost to have your wedding at the Versace Mansion (formerly known as Casa Casuarina and The Villa By Barton G) was $10,000 for the facility rental fee, and a $35,000 food and beverage minimum.

Versace Mansion heading to Bankruptcy Auction 1116 ocean drive, Miami Beach, Florida, United States, 33139 One of the most well known homes in Miami Beach is set to go to auction The property 1116 Ocean Dr, Miami Beach, FL 33139 is currently not for sale.

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.

But then the property was bought at auction in 2013 by a company that owns the Hotel Victor, next door to the mansion. $1,199 a night. Versace’s master bedroom, now called the Villa Suite and one.

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