MIAMI - The palatial Miami mansion where iconic fashion designer Gianni Versace was murdered goes under the hammer on Tuesday with auctioneers hoping to clinch a sale for as much as $40 million (S$50.5 million).
Bidding for the Mediterranean-styled estate on Miami Beach's prestigious Ocean Drive, just steps from the sea, is to start at $25 million, a Fisher Auction spokesman.
Auction organisers have said the sale has attracted interest from overseas buyers, including potential bidders from Russia and South America.
Casa Casuarina boasts 10 bedrooms and 11 baths, mosaic flooring and an array of frescoes and murals custom-made for Versace.
Two rooftop terraces boast spectacular views of the beach and an observatory has everything one needs for an evening of star-gazing - cushions, armchairs and a bar.
Other luxury features include gold-plated bathroom fixtures and an open-air courtyard.
A suite once occupied by the designer himself contains a king-size bed, as well as a huge bathroom, a walk-in closet and even a small terrace overlooking the sea.
Versace, 50, was shot dead on the steps of the villa in July 1997 by serial killer Andrew Cunanan.
In the wake of the murder, the Italian fashion designer's family put the property up for sale and it subsequently changed hands in 2000 for $19 million.