The Real Deal Miami

Biggest price cut of the day

December 10, 2009 06:46PM

alternate text761 Buttonwood Lane

The South Florida home to see the biggest price cut today is a
four-bedroom, four-bathroom house in Miami at 761 Buttonwood Lane,
according to data from Condo Vultures Realty. The $2.8 million
Miami-Dade County home saw a $590,000, or 17 percent, price cut. It was
originally listed for $3.4 million when it first hit the market in
October 2008. The home sits on a 20,124-square-foot lot that includes a
marble fountain, cabana, concrete gazebo, meditation garden, and
private docking. Kathryn Taxman of the Esslinger-Wooten-Maxwell 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