The Real Deal Miami

Biggest price cut of the day

November 10, 2010 05:00PM

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1331 Brickell Bay Drive, #4401

The South Florida home to see the biggest price cut today is a four-bedroom, four-bathroom condo, #4401, at 1331 Brickell Bay Drive in the Jade Residences at Brickell Bay in Miami, according to data from Condo Vultures Realty. The $1.8 million Miami-Dade County home saw a $1 million, or 36 percent, price cut. It was originally listed for $1.999 million when it hit the market in May but was last listed for $2.8 million. The 3,415-square-foot penthouse unit is listed by Carlo Ortiz of Xcellence Realty.

(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.)