The Real Deal Miami

Biggest price cut of the day

August 09, 2010 06:00PM

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37 Isla Bahia Drive

The South Florida home to see the biggest price cut today is a six-bedroom, six-bathroom house at 37 Isla Bahia Drive in Fort Lauderdale, according to data from Condo Vultures Realty. The $2.1 million Broward County home saw a $405,000, or 10 percent, price cut. It was originally listed for $4.8 million when it hit the market in March 2009. The price was last cut to $3.9 million in March 2010. The 7,020-square-foot waterfront home sits on a 25,760-square-foot lot and comes with the opportunity for private beach club membership. Barbara Panton of Panton & Company 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