The Real Deal Miami

Biggest price cut of the day

June 11, 2010 04:45PM

alternate text1122 SE 4th Street

The South Florida home to see the biggest price cut today is a five-bedroom, seven-bathroom house at 1122 SE 4th Street in Fort Lauderdale, according to data from Condo Vultures Realty. The $4 million Broward County home saw a $495,000, or 11 percent, price cut. It was originally listed at $4.495 million when it hit the market in April. The waterfront home sits on a 25,750-square-foot lot and has 229 feet of water frontage, Brazilian cherry wood floors, hand-painted ceilings, a pool/spa and separate guest house. Jill Hertzberg of Coldwell Banker Residential Real Estate 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