The Real Deal Miami

Biggest price cut of the day

February 15, 2010 05:02PM

2908 Alhambra Circle

The South Florida home to see the biggest price cut today is a four-bedroom, four-bathroom house at 2908 Alhambra Circle in Coral Gables, according to data from Condo Vultures Realty. The $1.425 million Miami-Dade County home saw a $225,000, or 14 percent, price cut. It was originally listed for $1.65 million when it hit the market in September 2009. The home sits on a 13,200-square-foot lot and has a pool, maid’s quarters and a terrace. Adolfo Gil of Weichert Realtors Best Beach 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