Owners of former Versace mansion hope auction will generate buzz

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Having no luck finding a buyer last year, the owners of the South Beach, Fla., mansion where Gianni Versace was murdered in 1997 are hoping they can build enough interest in a Sept. 17 auction to attract bids of at least $40 million, the New York Daily News reports.

“Casa Casuarina” is up for auction because the company that was operating it as a boutique hotel ended up in bankruptcy court. An attorney with the firm that represents the owners said there’s been interest from “a bunch of international buyers, from Russia and a lot from South America.”

Fisher Auction Co. and Jill Eber of Coldwell Banker Residential Real Estate are handling the sale of the 23,000-square-foot property, once listed at $125 million and still on the market for $75 million. Source: nydailynews.com.