Deadline day for Versace Mansion auction
Auction scheduled for Sept 17
MIAMI BEACH, Fla. – Thursday is the last day for bids on the Versace Mansion.
The villa at 1116 Ocean Drive was built in 1930. It's had many names, but is most well-known as the former home of Italian designer Gianni Versace, who was fatally shot on its steps in 1997.
The 10-bedroom, 11-bathroom, gated home features a 54-foot long mosaic pool lined with 24-karat gold. It also includes numerous frescos, ornate statues, arched doorways and an open-air courtyard.
Prequalified bidders must show they have at least $40 million to spend and be able to place a $3 million deposit. The asking price fell to $75 million -- with a minimum bid of $25 million.
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