The Real Deal Miami

Biggest price cut of the day

November 02, 2010 05:00PM

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800 South Pointe Drive, #1404

The South Florida home to see the biggest price cut today is a four-bedroom, three-and-a-half-bathroom condominium unit, #1404, in the Apogee at 800 South Pointe Drive in Miami Beach, according to data from Condo Vultures Realty. The $7.99 million Miami-Dade County home saw a $1 million, or 11 percent, price cut. It was originally listed for $8.99 million when it hit the market in August. The 4,154-square-foot corner unit has a 2,400-square-foot wraparound terrace, a private garage and views of Fisher Island and cruise ship alley. Kevin Tomlinson of One Sotheby’s International 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.)