The Real Deal Miami

Biggest price cut of the day

January 05, 2010 06:28PM

alternate text19565 NE 37th Avenue
The South Florida home to
see the biggest price cut today is a five-bedroom, seven-bathroom house at 19565 NE 37th Avenue
in Aventura, according to data from Condo Vultures Realty. The $5.1 million Dade County
home ssaw a $2.3 million, or 31 percent, price cut. It was originally listed for $8.9
million when it hit the market in December 2008. The waterfront home, which
sits on a 19,795-square-foot lot, has a private pool and spa as well as guest suites. Harriet Nickolaus of Coldwell Banker Residential 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