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Gianni Versace's Mansion, Sold!

GIANNI VERSACE'S MANSION SOLD!
Gianni Versace's Mansion, Sold! GIANNI VERSACE'S MANSION SOLD!

The famous Miami mansion of Gianni Versace which he bought for less than $3 million back in 1992 was recently sold to VM South Beach LLC of the Nakash family (who lives next door) for $41.5 million. VM South Beach outbid Donald Trump by just $500,000 at the auction and is planning to open the mansion to the public by possibly turning it to a hotel. Nothing is final yet but they want to talk to the Versace family to give them the proper homage to whatever they end up transforming the property into. 

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