The Real Deal Miami

Biggest price cut of the day

February 11, 2010 05:05PM

2429 Del Lago Drive

The South Florida home to see the biggest price cut today is a five-bedroom, six-bathroom house at 2429 Del Lago Drive in Fort Lauderdale, according to data from Condo Vultures Realty. The $5.995 million Broward County home saw a $500,000, or 8 percent, price cut. It was originally listed for $7.9 million when it hit the market in November 2006, and the price was last cut to $6.495 million in December. The brand new, waterfront home sits on a 16,500-square-foot lot and has a pool, grand staircase, media room, wet bar and wine room. Julie Jones of Premier Estate Properties 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