The Real Deal Miami

Biggest price cut of the day

July 29, 2010 05:30PM

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2895 NE 26th Place

The South Florida home to see the biggest price cut today is a
four-bedroom, four-bathroom house at 2895 NE 26th Place in Fort
Lauderdale, according to data from Condo Vultures Realty. The $1.15
million Broward County home saw a $549,000, or 32 percent, price cut.
It was originally listed for $1.75 million when it hit the market in
February 2009. The price was last cut to $1.699 million in April 2009.
The 2,499-square-foot, waterfront home sits on a 10,788-square-foot lot
and has 130 feet of deepwater frontage with views of the Intracoastal
Waterway, a large dock, pool and patio area. Gayle Borden of Coldwell
Banker Residential Real Estate 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