The Real Deal Miami

Biggest price cut of the day

April 29, 2010 04:01PM

alternate text7601 Wood Duck Drive

The South Florida home to see the biggest price cut today is a six-bedroom, seven-bathroom house at 7601 Wood Duck Drive in Boca Raton, according to data from Condo Vultures Realty. The $2.5 million Palm Beach County home saw a $500,000, or 17 percent, price cut. It was originally listed for $3 million when it hit the market earlier this month. The lakefront home sits on a 35,300-square-foot lot on a cul-de-sac and has panoramic views from all major living areas, an elevator and a pool. Martin Verdi of Optimar 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