The Real Deal Miami

Biggest price cut of the day

September 30, 2009 06:00PM

alternate text601 Isle of Palms

The South Florida home to see the biggest price cut today is a six-bedroom, six-bathroom single-family home at 601 Isle of Palms Near East Las Olas Boulevard in Ft. Lauderdale. The price of the Broward County house was cut by $350,000, or 13 percent, to $2.4 million. The property was most recently on the market for $2.7 million, down from its original asking price of $3.1 million when it first went on the market in March 2008. The lot is 12,999 square feet including the home, pool, three-car garage and large outdoor entertaining areas. Joy Triglia of Intercoastal Realty 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