The Real Deal Miami

Biggest price cut of the day

November 09, 2009 06:27PM

alternate text534 Bontona Avenue

The South Florida home to see the biggest price cut today is a eight-bedroom, nine-bathroom house at 534 Bontona Avenue in Ft. Lauderdale, according to data from Condo Vultures Realty. The $9.9 million Broward County home saw a $950,000, or 9 percent, price cut. The home was originally listed for $10.9 million when it first hit the market in December 2008. The home has over 700 feet of waterfront property and sits on a 40,950-square-foot lot. Kelly Drum of Drum 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