The Real Deal Miami

Biggest price cut of the day

August 20, 2010 04:45PM

alternate text6675 Sheffield Lane

The South Florida home to see the biggest price cut today is a five-bedroom, four-and-a-half-bathroom house at 6675 Sheffield Lane on La Gorce Island in Miami Beach, according to data from Condo Vultures Realty. The $3.19 million Miami-Dade County home saw a $310,000, or 9 percent, price cut. It was originally listed for $3.5 million when it hit the market in March. The 3,971-square-foot home sits on a 13,125-square-foot lot and has a gourmet kitchen with mink-chinchilla marble countertops, video security, an indoor/outdoor Bang & Olufsen entertainment system and a landscaped outdoor garden with a gazebo. Bragi Sigurdsson of Sigurdsson Schechter Luxury 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