The Real Deal Miami

Biggest price cut of the day

July 20, 2010 05:30PM

alternate text
495 Ocean Boulevard

The South Florida home to see the biggest price cut today is a three-bedroom, four-bathroom home at 495 Ocean Boulevard in Golden Beach, according to data from Condo Vultures Realty. The $3.5 million Miami-Dade County home saw a $499,999, or 12 percent, price cut. It was originally listed for $4.999 million when it hit the market in January. The price was last cut to $3.999 million in May. The 2,907-square-foot house sits on 13,650 square feet by the ocean. Sue Honowitz of Rusty Stein & Company 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