The Real Deal Miami

Biggest price cut of the day

July 14, 2010 05:00PM

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1741 Cleveland Road

The South Florida home to see the biggest price cut today is a five-bedroom, four-bathroom single-family house at 1741 Cleveland Road in Biscayne Point in Miami Beach, according to data from Condo Vultures Realty. The $1.649 million Miami-Dade County home saw a $331,000, or 17 percent, price cut. It was originally listed for $2.25 million when it hit the market in January. The price was last cut to $1.98 million in February. The waterfront home sits on an 11,250-square-foot lot and has open bay views, a pool, dock and a cathedral ceiling and fireplace in the family room. Pablo Marcos of the Marcos Group 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