The Real Deal Miami

Biggest price cut of the day

February 26, 2010 05:30PM

205 Southeast Spanish Trail

The South Florida home to see the biggest price cut today is a seven-bedroom, nine-bathroom house at 205 Southeast Spanish Trail in Boca Raton, according to data from Condo Vultures Realty. The $6.99 million Palm Beach County home saw a $500,000, or 7 percent, price cut off its last asking price of $7.49 million. It was originally listed for $8.2 million when it hit the market in August 2009, before the last price cut in January. The waterfront home sits on a 15,499-square-foot lot. It has a home theater, casino, billiard room and elevator. Susan Rindley of Finn Real Estate Enterprises 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