Biggest price cut of the day

April 23, 2010 04:39PM

alternate textThe penthouse at the Murano at Portofino

The South Florida home to see the biggest price cut today is a three-bedroom, three-bathroom penthouse condo in the Murano at Portofino at 1000 South Pointe Drive in South Beach, according to data from Condo Vultures Realty. The $6.975 million Miami-Dade County home saw a $375,000, or 5 percent, price cut. It was originally listed for $7.35 million when it hit the market in December 2009. The 2,850-square-foot duplex is on the building’s top two floors and has ocean views, an upstairs party room and sauna, and a roof terrace with pond, bar and “sky beach.” Andres De Solminihac of Keller Williams Miami Beach 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