The Real Deal Miami

Biggest price cut of the day

March 09, 2010 05:01PM

10950 Snapper Creek Road

The South Florida home to see the biggest price cut today is an eight-bedroom, seven-bathroom house at 10950 Snapper Creek Road in Coral Gables, according to data from Condo Vultures Realty. The $3.2 million Miami-Dade County home saw a $750,000, or 19 percent, price cut off its last asking price of $3.95 million. It was originally listed for $4.3 million when it hit the market in September 2009, before the last price cut in November 2009. The waterfront home sits on a 50,094-square-foot lot in a gated community and has a renovated kitchen, library, gym, gazebo and private harbor with a dock. Judith Zeder 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