The Real Deal Miami

Biggest price cut of the day

July 15, 2010 05:00PM

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10138 SW 12th Street

The South Florida home to see the biggest price cut today is a five-bedroom, four-and-a-half bathroom house at 10138 SW 12th Street in Miami, according to data from Condo Vultures Realty. The $1.2 million Miami-Dade County home saw a $200,000, or 14 percent, price cut. It was originally listed for $1.5 million when it hit the market in January. The price was last cut to $1.4 million in February. The 5,037-square-foot home sits on a 23,352-square-foot lot and has a pool, spa, tennis court and patio. Humberto Garcia Miranda of Coldwell Banker 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