Biggest price cut of the day

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16800 SW 248th Street

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The South Florida home to see the biggest price cut today is a six-bedroom, 10-bathroom house at 16800 SW 248th Street, which sits on a 174,240-square-foot lot. The price of the Dade County home was cut by $305,000, or 8 percent, to $3.595 million. The home was listed for $3.9 million when it first hit the market in August 2009. It has a 4,000-square-foot gazebo and a swimming pool with a Turkish marble pool deck. George Santana of Coldwell Banker Residential Real Estate 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

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