The Real Deal Miami

Biggest price cut of the day

January 29, 2010 05:57PM

1518 Southeast 12th Court

The South Florida home to see the biggest price cut today is a five-bedroom, four-bathroom house at 1518 Southeast 12th Court in Fort Lauderdale, according to data from Condo Vultures Realty. The $1.95 million Broward County home saw a $249,000, or 11 percent, price cut. It was originally listed for $2.599 million when it hit the market in December, and was last cut to $2.599 earlier this week before today’s price revision. The gated, waterfront home sits on a 7,700-square-foot lot and has a library and a three-car garage. Ruth Spiers of RE/MAX Partners 5 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