The Real Deal Miami

Biggest price cut of the day

September 17, 2009 06:17PM

alternate text1031 N. Venetian Drive on Biscayne Island

The South Florida home to see the biggest price cut today is a
seven-bedroom, seven-bathroom single-family home at 1031 N. Venetian Drive on Biscayne Island. The price of Dade County
house was cut by $605,000, or 13 percent, to $3.9 million. The property was
most recently on the market for $4.5 million, down from its original asking
price of $4.7 million when it first went on the market in June 2009. The lot is
91,000 square feet including the home and a pool. Nelson Gonzalez of Esslinger
Wooten Maxwell 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