The Real Deal Miami

Biggest price cut of the day

July 21, 2010 04:45PM

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431 San Marco Drive

The South Florida home to see the biggest price cut today is a six-bedroom, six-and-a-half bathroom house at 431 San Marco Drive in Fort Lauderdale, according to data from Condo Vultures Realty. The $2 million Broward County home saw a $295,000, or 13 percent, price cut. It was originally listed for $2.595 million when it hit the market in April. The price was last cut to $2.295 million in May. The 5,785-square-foot waterfront home sits on an 11,000-square-foot lot on South Las Olas Isles and has direct ocean access. Suzanne Wright 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