The Real Deal Miami

Biggest price cut of the day

March 17, 2010 06:52PM

3903 Island Estates Drive

The South Florida home to see the biggest price cut today is a six-bedroom, eight-and-a-half bathroom house at 3903 Island Estates Drive in Aventura, according to data from Condo Vultures Realty. The $5.35 million Miami-Dade County home saw a $550,000, or 9 percent, price cut. It was originally listed for $5.9 million when it hit the market in September 2009. The waterfront home sits on a 13,081-square-foot lot in a private island community and has hurricane impact windows, an elevator, fountain, fireplace, outdoor kitchen, heated pool and spa. Scott Patterson 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