The Real Deal Miami

Biggest price cut of the day

October 26, 2010 04:45PM

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2077 North Waterway Drive

The South Florida home to see the biggest price cut today is a four-bedroom, three-bathroom house at 2077 North Waterway Drive in North Palm Beach, according to data from Condo Vultures Realty. The $1.6 million Palm Beach County home saw a $550,000, or 26 percent, price cut. It was originally listed for $1.7 million when it hit the market in April, before having its price bumped up to $2.15 million. The 3,500-square-foot home sits on a 19,489-square-foot
lot and includes a pool, private dock and a guest house. Chad Carroll of Keller Williams Miami Beach 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.)