The former music producer for Britney Spears, 50 Cent and Mariah Carey continues his legendary fall from grace -- Scott Storch has lost his massive Miami Mansion.
SunTrust Bank took back ownership of the home Storch defaulted on last July, buying it back at an auction on Friday for $5.5 million.
The 10-bedroom, 16-bath home was valued at around $7 million.
The bank had been trying to foreclose on Storch for months, but couldn't because he had declared for bankruptcy (it was recently dismissed).
Storch Waves Goodbye to His Waterfront Home
8/25/2009 2:30 AM PDT BY TMZ STAFF
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