The Real Deal Miami

Biggest price cut of the day

August 24, 2010 05:00PM

alternate text5251 Fisher Island Drive

The South Florida home to see the biggest price cut today is a five-bedroom, five-bathroom condo in the Bayview Fisher Island at 5251 Fisher Island Drive, according to data from Condo Vultures Realty. The $3.3 million Miami-Dade home saw a $650,000, or 15 percent, price cut. It was originally listed for $3.95 million when it hit the market in April. The 4,010-square-foot, waterfront home is newly renovated with unobstructed views of Downtown Miami. Mary Ann Portell of Portell International 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