Biggest price cut of the day

2700 Barcelona Drive

The South Florida home to see the biggest price cut today is a five-bedroom, six-and-a-half bathroom house at 2700 Barcelona Drive in Fort Lauderdale, according to data from Condo Vultures Realty. The $4.499 million Broward County home saw a $496,000, or 10 percent, price cut. It was originally listed for $5.5 million when it hit the market in May 2008. The price was last cut to $4.995 million in August 2009. The 6,818-square-foot, waterfront home sits on an 18,019-square-foot lot in a gated community and has never been lived in. It has a grand stairway, exercise room, home theater and pool. Mary Sue Meyler of RE/MAX Partners 5 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