The Real Deal Miami

Biggest price cut of the day

June 25, 2010 04:30PM

alternate text2471 Del Lago Drive

The South Florida home to see the biggest price cut today is a five-bedroom, four-bathroom house at 2471 Del Lago Drive in Fort Lauderdale, according to data from Condo Vultures Realty. The $2.85 million Broward County home saw a $645,000, or 18 percent, price cut off its last asking price of $3.495 million. It was originally listed for $3.595 million when it hit the market in October 2008, before the last price cut in February. The waterfront home sits on a 16,500-square-foot lot in gated Harbor Beach and has a heated pool, private beach access and a renovated kitchen. James Morlock of Intercoastal 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