The Real Deal Miami

Biggest price cut of the day

November 24, 2010 04:14PM

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13925 Old Cutler Rd.

The South Florida home to see the biggest price cut today is a five-bedroom, five-bathroom house
at 13925 Old Cutler Road in Palmetto Bay, according to data from Condo Vultures Realty. The $1.995 million Miami-Dade County home saw a $255,000, or 11 percent, price cut. It was originally listed for $2.25 million when it hit the market in September. The 7,031-square-foot home has hardwood floors, glass walls and a pool. Mayi De La Vega 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.)