The Real Deal Miami

Biggest price cut of the day

December 08, 2010 05:04PM

alternate text6970 Sunrise Drive

The South Florida home to see the biggest price cut today is a five-bedroom, four-and-a-half-bathroom house at 6970 Sunrise Drive in Coral Gables, according to data from Condo Vultures Realty. The $2.7 million Miami-Dade County home saw a $300,000, or 10 percent, price cut. It was originally listed for $3 million when it hit the market in September. The 5,927-square-foot home sits on a 14,500-square-foot waterfront lot in Sunrise Harbour and is the second house in from Gables Canal. It features vaulted ceilings in the family room and master bedroom, a saltwater pool and three cabanas. Arturo Sosa of Grove Properties 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