The Real Deal Miami

Biggest price cut of the day

October 05, 2010 04:30PM

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7400 SW 72nd Court

The South Florida home to see the biggest price cut today is a nine-bedroom, nine-bathroom house at 7400 SW 72nd Court in Miami, according to data from Condo Vultures Realty. The $3.2 million Miami-Dade County home saw a $290,000, or 8 percent, price cut. It was originally listed for $3.8 million when it hit the market in May. The price was last cut to $3.49 million last month. The 11,020-square-foot, brand new home sits on a 37,113-square-foot lot with a pool and rooftop terrace. Renzo Maietto of Renzo 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.)