10700 SW 68th Avenue

The South Florida home to see the biggest price cut today is a six-bedroom, eight-bathroom single-family house at 10700 SW 68th Avenue in Pinecrest, according to data from Condo Vultures Realty. The $4.49 million Miami-Dade County home saw a $505,000, or 10 percent, price cut. The price was last cut to $4.995 million in April 2010. It was originally listed for $5.65 million when it hit the market in June 2009. The 10,493-square-foot home sits on a 38,332-square-foot lot and features a 10-seat home theater and lagoon pool with waterfalls. Amy Hollub of Coldwell Banker Residential Real Estate has the listing.(Condo Vultures data includes condos and single-family home listings in the main metropolitan areas of Miami, Fort Lauderdale, West Palm Beach and Key West that are priced at $1 million and above, and that include photographs. Listings are taken from the South Florida MLS.) TRD
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5233 Fisher Island Drive

The South Florida home to see the biggest price cut today is a four-bedroom, four-bathroom condo at 5233 Fisher Island Drive in Fisher Island, according to data from Condo Vultures Realty. The $2.3 million Miami-Dade County home saw a $650,000, or 22 percent, price cut. It was originally listed at $2.95 million when it hit the market in November 2009. The 3,790-square-foot condo includes marble floors, a terrace and a view of the Biscayne Bay. Jill Eber of Coldwell Banker Residential Real Estate has the listing. (Condo Vultures data includes condos and single-family home listings in the main metropolitan areas of Miami, Fort Lauderdale, West Palm Beach and Key West that are priced at $1 million and above, and that include photographs. Listings are taken from the South Florida MLS.) TRD

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400 SE Fifth Avenue

The South Florida home to see the biggest price cut today is a four-bedroom, five-bathroom condo at 400 SE Fifth Avenue in Boca Raton, according to data from Condo Vultures Realty. The $3.65 million Palm Beach County home saw a $850,000, or 19 percent, price cut. It was originally listed at $4.5 million when it hit the market in April. The 5,184-square-foot unit overlooks the intercostal ocean and contains hand-painted red and gold detailing. Barbara Welch of Coldwell Banker Residential Real Estate has the listing. (Condo Vultures data includes condos and single-family home listings in the main metropolitan areas of Miami, Fort Lauderdale, West Palm Beach and Key West that are priced at $1 million and above, and that include photographs. Listings are taken from the South Florida MLS.) TRD

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1122 SE 4th Street

The South Florida home to see the biggest price cut today is a five-bedroom, seven-bathroom house at 1122 SE 4th Street in Fort Lauderdale, which sits on a 19,352-square-foot lot. The price of the Broward County home was cut by $1 million, or 14 percent, to $5.999 million. The waterfront home features Brazilian cherry wood floors, hand-painted ceilings, and a wine room, and the lot includes a pool, guest house and staff quarters. The residence was listed for $6.999 million when it first hit the market in April 2009. George Santana of Coldwell Banker Residential Real Estate has the listing. (Condo Vultures data includes condos and single-family home listings in the main metropolitan areas of Miami, Fort Lauderdale, West Palm Beach and Key West that are priced at $1 million and above, and that include photographs. Listings are taken from the South Florida MLS.) TRD [more]

16800 SW 248th Street

The South Florida home to see the biggest price cut today is a six-bedroom, 10-bathroom house at 16800 SW 248th Street, which sits on a 174,240-square-foot lot. The price of the Dade County home was cut by $305,000, or 8 percent, to $3.595 million. The home was listed for $3.9 million when it first hit the market in August 2009. It has a 4,000-square-foot gazebo and a swimming pool with a Turkish marble pool deck. George Santana of Coldwell Banker Residential Real Estate has the listing. (Condo Vultures data includes condos and single-family home listings in the main metropolitan areas of Miami, Fort Lauderdale, West Palm Beach and Key West that are priced at $1 million and above, and that include photographs. Listings are taken from the South Florida MLS.) TRD [more]

6565 Allison Road

The South Florida home to see the biggest price cut today is a
seven-bedroom, five-bathroom single-family home at 6565 Allison Road in
Miami Beach. The price of the Miami-Dade County house was cut by
$504,000, or 11 percent, to $3.9 million. The property was most
recently on the market for $4.5 million, down from its original asking
price of $5.5 million when it first went on the market in February
2008. The lot is 16,200 square feet including the home, pool, dock, and
carriage house. Jeri Jenkins of Coldwell Banker Residential Real Estate
has the listing. (Condo Vultures Realty data includes condos and
single-family home listings in the main metropolitan areas of Miami,
Fort Lauderdale, West Palm Beach and Key West that are priced at $1
million and above, and that include photographs. Listings are taken
from the South Florida MLS.) TRD
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For about the price of a Buick, realtor Sammy Giordano will put you in a cozy, two-bedroom home in Port Charlotte, in Charlotte County. “It’s a great investment property,” said Giordano, a broker with Horizon Realty International in Venice, of the 900-square-foot home, with public utilities, central air conditioning, new paint and carpeting, listed for $29,900. “Or it would be great for a single mom with a child.” Giordano’s listed home has a leaky roof over the master bedroom. If you don’t want to fix it, Adrian Waring, a broker with Douglas Realty & Development, has about 20 single-family homes in move-in condition in Cape Coral, in Lee County, for under $50,000. And there are other five-figure priced houses in the swollen inventory of one of the hardest hit regions of Florida’s housing market crash. [more]

Coldwell Banker Residential Real Estate announced today that Miami
Beach real estate duo “The Jills,” Jill Eber and Jill Hertzberg, ranked
eighth nationwide in volume in 2008 in the fourth annual “Real Estate
Top 400,” a national sales ranking sponsored by the Wall Street Journal
and Lore Magazine. The rankings are based on year-end 2008 sales volume
and transactions. Combined, the Coldwell Banker duo closed about $188
million dollars in sales in 2008. TRD [more]