The Real Deal Miami

Biggest price cut of the day

May 06, 2010 04:46PM

alternate textThe condo at 9999 Collins Avenue

The South Florida home to see the biggest price cut today is a four-bedroom, five-bathroom condo at 9999 Collins Avenue in Bal Harbour, according to data from Condo Vultures Realty. The $3.095 million Miami-Dade County home saw a $1.05 million, or 25 percent, price cut off its last asking price of $4.145 million. It was originally listed for $3.9 million when it hit the market in June 2009, before the last price cut in March. The 5,250-square-foot unit includes a wraparound terrace and a projection screen. Joelle Oiknine of Turnberry 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