The Real Deal Miami

Biggest price cut of the day

September 15, 2009 04:59PM

alternate text2501 Del Lago Drive in Fort Lauderdale

The South Florida home to see the biggest price cut today is six-bedroom, seven-bathroom single-family home at 2501 Del Lago Drive in Fort Lauderdale. The price of the 8,707-square-foot Broward County house was cut by $1.4 million, or 16 percent, to $7.5 million. The property was most recently on the market for $8.9 million, down from its original asking price of $10.5 million when it first when on the market in February 2008. Barbara Panton of Panton & Company 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