The Real Deal Miami

Biggest price cut of the day

April 16, 2010 04:29PM

alternate text2584 SE 12th Street

The South Florida home to see the biggest price cut today is a four-bedroom, five-bathroom house at 2584 SE 12th Street in Pompano Beach, according to data from Condo Vultures Realty. The $3.4 million Broward County home saw a $599,000, or 15 percent, price cut. It was originally listed for $5 million when it hit the market in September 2009. The waterfront home, which sits on a 16,337-square-foot lot, faces the Intracostal waterway and has a 230-square-foot private dock. Sandra Tagliamonte of Galleria International 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