The Real Deal Miami

Biggest price cut of the day

March 18, 2010 05:06PM

931 Hillsboro Mile

The South Florida home to see the biggest price cut today is a six-bedroom, six-bathroom house at 931 Hillsboro Mile in Hillsboro Beach, according to data from Condo Vultures Realty. The $11.5 million Broward County home saw a $250,000, or 2 percent, price cut. It was originally listed for $11.75 million when it hit the market in September 2009. The oceanfront home sits on a 48,375-square-foot gated estate and has an elevator, wet bar, pool, Jacuzzi and 245 feet of waterfrontage. Tarek Habal of Realty Associates Florida Properties 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