The Real Deal Miami

Biggest price cut of the day

February 18, 2010 04:41PM

2400 Bay Drive

The South Florida home to see the biggest price cut today is a seven-bedroom, six-bathroom house at 2400 Bay Drive in Pompano Beach, according to data from Condo Vultures Realty. The $6 million Miami-Dade County home saw a $1.75 million or 23 percent, price cut. It was originally listed for $7.75 million when it hit the market in September 2009. The waterfront home sits on a 9,889-square-foot lot across from the Hillsboro Lighthouse and has bay views from the master bedroom and the pool. Daniel Matchette of Intercoastal 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