The Real Deal Miami

Biggest price cut of the day

March 01, 2010 05:49PM

8141 SW 54th Avenue

The South Florida home to see the biggest price cut today is an eight-bedroom, nine-bathroom house at 8141 SW 54th Avenue in Miami, according to data from Condo Vultures Realty. The $4.7 million Miami-Dade County home saw a $300,000, or 6 percent, price cut. It was originally listed for $5 million when it hit the market in April 2009. The home is in a gated community and sits on a 45,302-square-foot lot. It has gardens, cobblestone driveways, a cabana cottage and a pool. G. Houston Haynie of Esslinger-Wooten-Maxwell 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