The Real Deal Miami

Biggest price cut of the day

September 29, 2009 06:31PM

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1425 Ponce de Leon Drive

The South Florida home to see the biggest price cut today is a four-bedroom, four-bathroom single-family home at 1425 Ponce de Leon Drive in Ft. Lauderdale. The price of the Broward County home, which spans 6,750 square feet including the house footprint, was cut by $570,000, or 23 percent, to $1.9 million. The condominium unit was listed for $2.9 million when it first hit the market in July. The house has a 50-foot deck as well as two fireplaces in the living room and master bedroom. Deborah Breton of Prudential Florida 1st 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