Versace Mansion Goes To Bankruptcy Auction

The Versace Mansion started at $125 million, a year and a few price cuts later, it's headed to a bankruptcy auction. Nicknamed Casa Casuarina.

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The South Beach mansion once owned by Italian designer Gianni Versace, and the place he was fatally shot, was sold at auction for $41.5 million on Tuesday. The auction of the mansion.

 · Decorative artwork stands near the front door to the Versace mansion on Miami Beach, Fla. Tuesday, July 23, 2013. Though the Versace family hasn’t owned the oceanfront mansion since 2000, auctioneers hope the Italian designer’s legacy will attract bidders to the Miami Beach property when it goes up for auction Sept. 17.

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18 hours ago · Another Versace-inspired residence on Joynton Ave in Zetland will got to auction the same day. The guide is likely to be in the region of $900,000-$950,000, the agent said. Interior designer owner Jason Scott, who said his nickname was “Versace Boy”, spent an estimated $150,000 turning the unit into “the epitome of Versace”.

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The former mansion of Italian fashion designer Gianni Versace will go up for auction in September. Versace was shot and killed at the Miami Beach home in 1997. Known as Casa Casuarina, the 10-bedroom, 11-bathroom home was built in 1930. Versace purchased the mansion in 1992, spending over $33 million on renovations.

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The 23,000-square-foot mansion, now known as Casa Casuarina, will go on the block at a bankruptcy auction on September 17, according to.

The South Beach mansion once owned by Italian designer Gianni Versace, and the place he was fatally shot, was sold at auction for $41.5 million on Tuesday. NBC 6’s Christina Hernandez reports.