Biggest price cut of the day

alternate textThe home at 8817 Hammock Lake Drive

Sign Up for the undefined Newsletter

The South Florida home to see the biggest price cut today is a six-bedroom, seven-bathroom house at 8817 Hammock Lake Drive in Coral Gables, according to data from Condo Vultures Realty. The $3.995 million Miami-Dade County home saw a $355,000, or 8 percent, price cut off its last asking price of $4.35 million. It was originally listed for $5.5 million when it hit the market in March 2009 before the last price cut in February 2010. The 8,908-square-foot lakefront home sits on a 45,738-square-foot lot and has a pool and terrace. Mayi De La Vega of One Sotheby’s 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

Recommended For You