The Real Deal Miami

Biggest price cut of the day

March 05, 2010 06:27PM

2665 Castilla Isle

The South Florida home to see the biggest price cut today is a three-bedroom, three-bathroom house at 2665 Castilla Isle in Fort Lauderdale, according to data from Condo Vultures Realty. The $4 million Broward County home saw a $500,000, or 11 percent, price cut off its last asking price of $4.5 million. It was originally listed for $5.5 million when it hit the market in August 2009, before the last price cut in January. The waterfront home sits on a 20,475-square-foot lot and has a pool, deck and 24-hour security in the neighborhood. (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