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Versace Mansion Sold For $ 41.5M

Versace mansion sells for $ 41.5 Million via auction.   A bit disappointing considering this palatial home, known as Casa Casuarina,  was listed at $ 125M and expected to be South Beach’s first $ 100M sale.  The new owners, the Nakash family, who control Jordache Enterprises, plan to combine the property with the hotel next door and hope to continue to use the Versace name.  Donald Trump came in with the 2nd highest bid at $ 41M.