The Real Deal Miami

Biggest price cut of the day

July 16, 2010 05:00PM

alternate text
#1602 at Europa by the Sea

The South Florida home to see the biggest price cut today is a three-bedroom, four-bathroom condo, #1602 at Europa by the Sea at 1460 S. Ocean Boulevard in Pompano Beach, according to data from Condo Vultures Realty. The $3 million Broward County home saw a $500,000, or 14 percent, price cut. It was originally listed for $4.5 million when it hit the market in September 2008. The price was last cut to $3.5 million in May. The 6,814-square-foot, never-lived-in penthouse on Lauderdale Beach has direct ocean and city views from every room and a private elevator entrance. Connie Cabral-Siekierski of Prudential Florida 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