The Real Deal Miami

Biggest price cut of the day

November 05, 2010 05:30PM

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5261 Hancock Road

The South Florida home to see the biggest price cut today is a three-bedroom, two-bathroom house at 5261 Hancock Road in Broward County, according to data from Condo Vultures Realty. The $1.2 million home saw a $550,000, or 31 percent, price cut. It was last listed for $1.75 million in April. The 1,570-square-foot home sits on a 141,134-square-foot lot and has a 10-stall barn. Marnette Wegmann of Wegmann Real Estate 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.)