The Real Deal Miami

Biggest price cut of the day

December 16, 2010 06:02PM

alternate text16051 Collins Ave., #1401

The South Florida home to see the biggest price cut today is a three-bedroom, four-bathroom condo in the Turnberry Ocean Colony, #1401, at 16051 Collins Avenue in Sunny Isles, according to data from Condo Vultures Realty. The $2.26 million Miami-Dade County home saw a $188,000, or 8 percent, price cut. It was originally listed for $2.8 million when it hit the market in January. The price was last cut to $2.448 million in November. The 2,775-square-foot unit is fully furnished with direct ocean and city views and terraces. Jill Hertzberg of Coldwell Banker 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