The Real Deal Miami

Biggest price cut of the day

April 15, 2010 03:55PM

12569 South Stonebrook Circle

The South Florida home to see the biggest price cut today is a six-bedroom, seven- bathroom house at 12569 South Stonebrook Circle in Davie, according to data from Condo Vultures Realty. The $1.65 million Broward County home saw a $450,000, or 21 percent, price cut. It was originally listed for $2.1 million when it hit the market in March. The lakefront home sits on a 21,250-square-foot lot and has a four-car garage, media room, recreation room, English garden and pool. Dianna Hopkins of Coldwell Banker Residential Real Estate 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