On Sale: Versace's Mansion

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On Sale: Versace's Mansion

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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. Gianni Versace was fatally shot on the mansion's stone front steps in 1997 by serial killer Andrew Cunanan.

The 23,000-square-foot mansion has 10 bedrooms, 11 bathrooms, a 54-foot-long mosaic pool lined with 24-karat gold and an open-air courtyard. The property was sold in 2000. The minimum bid for the auction is set for $25 million. The sale price was initially listed at $125 million last year. The asking price dropped to $100 million and then last month to $75 million.

Source: Associated Press

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