The Real Deal Miami

Biggest price cut of the day

January 07, 2010 06:28PM

alternate text3075 Munroe Drive

The South Florida home to see the biggest price cut today is a
six-bedroom, six-bathroom house at 3075 Munroe Drive in Coconut Grove,
according to data from Condo Vultures Realty. The $7.9 million
Miami-Dade County home saw a $750,000, or 9 percent, price cut. It was
originally listed for $9.6 million when it hit the market in September.
The 41,124-square-foot waterfront home has 500 feet of water frontage
on two sides. Jorge
Uribe of One Sothebys International Realty has the listing. (Condo
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