The Real Deal Miami

Biggest price cut of the day

September 24, 2009 05:28PM

alternate text5315 Fisher Island Drive

The South Florida home to see the biggest price cut today is a three-bedroom, three-bathroom condominium at 5315 Fisher Island Drive in Fisher Island. The price of the 2,740-square-foot Dade County home was cut by $800,000, or 29 percent, to $1.9 million. The condo was listed for $2.5 million when it first hit the market in October 2005. The home has direct beach access and a large wrap-around terrace. Mary Ann Portell of Portell International Properties 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