The Real Deal Miami

Biggest price cut of the day

September 10, 2009 05:36PM

alternate text980 Mariner Drive

The South Florida home to see the biggest price cut today is a five-bedroom, five-bathroom single-family home at 980 Mariner Drive in Key Biscayne. The price of the Dade County home, built in 2000, was cut by $600,000, or 10 percent, to $5.5 million. Brigitte De Langeron of Fortune International Realty is the listing broker. The property’s recently reduced asking price matches its original list price; the price was raised a few days after the property hit the market in June. (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