The Real Deal Miami

Biggest price cut of the day

November 18, 2010 03:54PM

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11101 Orange Drive

The South Florida home to see the biggest price cut today is a five-bedroom, three-bathroom house at 11101 Orange Drive in Davie, according to data from Condo Vultures Realty. The $1.999 million Broward County home saw a $501,000, or 20 percent, price cut off its last asking price of $2.5 million. It was originally listed for $1.999 million when it hit the market in May, before having its price increased in October. The 4,500-square-foot home sits on a 4.5-acre equestrian estate, which includes a riding ring, two barns, eight stalls and two gazebos. The listing agent is Janice Carberry of Century 21 Rose Realty West.

(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.)