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The Real Deal Miami

Biggest price cut of the day

September 27, 2010 05:30PM

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4210 NE 31st Avenue

The South Florida home to see the biggest price cut today is a six-bedroom, seven-and-a-half-bathroom house at 4210 NE 31st Avenue in Lighthouse Point, according to data from Condo Vultures Realty. The $6.995 million Broward County home saw a $1 million, or 13 percent, price cut. It was originally listed for $7.995 million when it hit the market in June 2009. The 9,005-square-foot, waterfront home sits on a 19,800-square-foot lot and has a separate guesthouse, outdoor entertaining area and a pool. Susan Nelson of RE/MAX Preferred 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.)