The Real Deal Miami

Biggest price cut of the day

September 14, 2009 05:31PM

alternate text16430 NE 30th Avenue in Eastern Shores

The South Florida home to see the biggest price cut today is a four-bedroom, four bathroom single-family home at 16430 NE 30th Avenue in Eastern Shores. The price of the 4,781-square-foot Dade County home, built in 1992, was cut by $450,000, or 19 percent, to $1.95 million. The property was most recently on the market for $2.4 million, down from the original asking price of $2.6 million when it first hit the market in January 2009. Hector Stracuzzi of Beachfront Realty 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