The Real Deal Miami

Biggest price cut of the day

October 21, 2009 06:08PM

alternate text1000 South Pointe Drive

The South Florida home to see the biggest price cut today is a three-bedroom, three-and-a-half bathroom condo at 1000 South Pointe Drive at the Murano at Portofino in Miami Beach, according to data from Condo Vultures Realty. The $4.3 million Dade County home saw a $295,000, or 6 percent, price cut from $4.6 million, when it first hit the market in February. The 3,365-square-foot condo has two terraces and ocean views. Clemente Sanchez of South Pointe Drive 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