The Real Deal Miami

Beckhams deny Versace Mansion reports

European outlets claimed couple bought SoBe property
The former Versace Mansion

The former Versace Mansion

David Beckham had to take a break from his Miami soccer push to squash reports by numerous European media outlets that he and his wife Victoria acquired the former Versace Mansion.

Several outlets, including Mirror Online, reported the couple purchased the Miami Beach mansion for nearly $50 million. But the Nakash family, which won the 1116 Ocean Drive property with a $41 million bid during a September 2013 bankruptcy auction, did not sell it. The 10-bedroom, 23,000-square-foot mansion was constructed in 1930. It opened as a hotel five years ago.

Beckham made his plans to bring a Major League Soccer franchise to Miami official last month. His investment group is currently looking for a stadium site and negotiating with county officials. [WWD] — Eric Kalis

  • jdubble07

    I find that VERY hard to believe seeing as the Nakash family just renewed Barton G’s lease through 2020. I don’t see David and Victoria sharing a house with a restaurant and hotel guests.

    • candidmiami

      My thoughts exactly, but there is the possibility of them just keeping it as an investment.

  • Eduardo Ruiz

    I felt sorry for them when I heard the news…for that amount of money they can buy a waterfront house in an Island – with security & privacy …those would be just two of many negatives that come to mind when advising a foreign client …it’s amazing to see the huge price increases in Miami Beach – it’s obvious that there’s a huge market for that area…Do we need another tragedy in that Mansion ?

  • jake

    The Versace mansion is not an investment it is a loss. The occupancy rate was around 60% for the last owner. That is not an investment that is a loss. Eduardo is correct. You could buy a magnificent Penthouse with top security for half the price. I feel bad for the Beckham’s and Nakash to read garbage like this that is not true.