The Real Deal Miami

Biggest price cut of the day

October 13, 2010 04:30PM

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1131 SW 9th Avenue

The South Florida home to see the biggest price cut today is a six-bedroom, six-bathroom house at 1131 SW 9th Avenue in Fort Lauderdale, according to data from Condo Vultures Realty. The $4.9 million Broward County home saw a $2 million, or 29 percent, price cut. It was originally listed for $6.9 million when it hit the market in May. The 7,305-square-foot home sits on a 113,446-square-foot lot with over 900 feet of waterfront property. Peter LeMieux of Better Homes & Gardens 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.)