The Real Deal Miami

Biggest price cut of the day

November 30, 2010 04:58PM

alternate text136 Camden Drive

The South Florida home to see the biggest price cut today is a seven-bedroom, 11-bathroom house at 136 Camden Drive in Bal Harbour, according to data from Condo Vultures Realty. The $4.5 million Miami-Dade County home saw a $450,000, or 9 percent, price cut off its last asking price of $4.95. It was originally listed for $5.5 million when it hit the market in August, before the last price cut in October. The new 6,484-square-foot home sits on an 11,768-square-foot lot and has marble floors, an elevator, a pool and a backyard. Dekla Oren of Yaffe 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.) TRDv