The Real Deal Miami

Biggest price cut of the day

January 27, 2010 04:50PM

2232 Alton Road

The South Florida home to see the biggest price cut today is an eight-bedroom, seven-bathroom house at 2232 Alton Road in South Beach, according to data from Condo Vultures Realty. The $2.599 million Miami-Dade County home saw a $451,000, or 15 percent, price cut. It was originally listed for $3.05 million when it hit the market in October. The art deco-style home has a gym, maid’s quarters and three kitchens. It is also available for rent for $11,500 per month. Siru Andelin of Ocean View 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