The Real Deal Miami

Biggest price cut of the day

March 10, 2010 05:36PM


241 Harbor Drive

The South Florida home to see the biggest price cut today is a four-bedroom, four-bathroom house at 241 Harbor Drive in Key Biscayne, according to data from Condo Vultures Realty. The $1.995 million Miami-Dade County home saw a $305,000, or 13 percent, price cut off its last asking price of $2.3 million. It was originally listed for $2.95 million when it hit the market in March 2009, before the last price cut in August 2009. The remodeled home, which was designed by Wilfredo Borroto, sits on a 7,500-square-foot lot and has a pool, bar, library and rooftop terrace with views of the Miami skyline. Monica Luzarraga of BLB 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