The Real Deal Miami

Biggest price cut of the day

November 23, 2009 06:33PM

alternate text3024 Washington Road

The South Florida home to see the biggest price cut today is a five-bedroom, seven-bathroom house in West Palm Beach at 3024 Washington Road, according to data from Condo Vultures Realty. The $2.9 million Palm Beach County home saw a $550,000, or 16 percent, price cut. It was originally listed for $3.5 million when it first hit the market in May. The home sits on a 61,178-square-foot lot that includes a pool, patio, and waterfront access. Brenda Nestor-Castellan of Brenda Nestor Associates 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