The Real Deal Miami

Biggest price cut of the day

October 08, 2010 06:00PM

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3232 NE 31st Avenue

The South Florida home to see the biggest price cut today is a six-bedroom, 10-bathroom house at 3232 NE 31st Avenue in Lighthouse Point, according to data from Condo Vultures Realty. The $8.499 million Broward County home saw a $500,000, or 6 percent, price cut. It was originally listed for $8.999 million when it hit the market in August. The 9,989-square-foot home sits on a 21,600-square-foot lot and includes a pool, home theater and six fireplaces. Ronald Lennen of Premier Estate Properties 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.)