The Real Deal Miami

Biggest price cut of the day

April 09, 2010 05:12PM

2708 Sea Island Drive

The South Florida home to see the biggest price cut today is a five-bedroom, five-and-a-half-bathroom house at 2708 Sea Island Drive in Fort Lauderdale, according to data from Condo Vultures Realty. The $8 million Broward County home saw a $1 million, or 11 percent, price cut off its last asking price of $9 million. It was originally listed for $10 million when it hit the market in December 2008, before the last price cut in February. The waterfront home sits on a 13,362-square-foot lot and has a floating three-story staircase, elevator, gym, pool, spa and sauna. Christopher White of Christopher White Group 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