Storch Waves Goodbye to His Waterfront Home

Posted Aug 25th 2009 1:30AM by TMZ Staff

Scott StorchThe 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).

More Scott Storch

  • Scott Storch -- Broke as a Joke
  • Scott Storch: No Roof to Cover His Poor Head
  • Scott Storch -- Broke and a Joke


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