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The Real Deal Miami

Biggest price cut of the day

September 07, 2010 05:00PM

alternate text1215 N. Venetian Way

The South Florida home to see the biggest price cut today is a seven-bedroom, six-and-a-half-bathroom house at 1215 N. Venetian Way in Miami Beach, according to data from Condo Vultures Realty. The $7 million Miami-Dade County home saw an $850,000, or 11 percent, price cut. It was originally listed for $7.85 million when it hit the market in December 2009. The 7,653-square-foot waterfront home sits on a 13,382-square-foot lot and has 105 feet of direct city and bay views, 30-foot glass walls, wood floors, a heated pool and a rooftop terrace. Milan Boyanich of Bank Plus 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