The Real Deal Miami

Biggest price cut of the day

December 03, 2009 06:42PM

alternate text16051 Collins Avenue

The South Florida home to see the biggest price cut today is a four-bedroom, five-bathroom unit in the Turnberry Ocean Colony North Tower condominium at 16051 Collins Avenue in Sunny Isles, according to data from Condo Vultures Realty. The $2.5 million Miami-Dade County home, apartment 603, saw a $450,000, or 15 percent, price cut. It was originally listed for $3.2 million when it hit the market in October 2007. The 3,480-square-foot condo has two balconies and ocean views. Carole Perez of Finvarb 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