The Real Deal Miami

Biggest price cut of the day

May 12, 2010 04:49PM

alternate textThe Coral Gables home at 2730 Cardena Street

The South Florida home to see the biggest price cut today is a four-bedroom, four-bathroom house at 2730 Cardena Street in Coral Gables, according to data from Condo Vultures Realty. The $1.7 million Miami-Dade County home saw a $400,000, or 19 percent, price cut. It was originally listed for $2.1 million when it hit the market in January. The home was built in 2008 and sits on a 9,525-square-foot lot. Samantha Lucas of Dade County Development 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