The Real Deal Miami

Biggest price cut of the day

December 29, 2009 06:10PM

alternate text633 5th Key Drive

The South Florida home to see the biggest price cut today is a five-bedroom, four-bathroom house at 633 5th Key Drive in Ft. Lauderdale, according to data from Condo Vultures Realty. The $2.9 million Broward County home saw a $1.5 million or 34 percent, price cut. It was originally listed for $4.5 million when it first hit the market in September. The waterfront home has private dockage, a gourmet kitchen, and marble floors. It sits on a 21,873-square-foot lot. Beth Beauchamp of Intercoastal 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