The Real Deal Miami

Biggest price cut of the day

December 21, 2009 06:36PM

alternate text20155 Northeast 38th Court

The South Florida home to see the biggest price cut today is a four-bedroom, six-bathroom unit at the Porto Vita condominium at 20155 Northeast 38th Court, according to data from Condo Vultures Realty. The $5.3 million Miami-Dade County apartment 2801 saw a $700,000, or 12 percent, price cut. It was listed for $6 million when it first hit the market in February. The 5,141-square-foot corner unit has ocean views, a private elevator, and a wrap-around balcony. Denise Rubin of Denise Rubin International 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