The Real Deal Miami

 Biggest price cut of the day

January 05, 2011 03:49PM

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3548 NE 31st Ave

The South Florida home to see the biggest price cut today is a five-bedroom, six-bathroom single-family house at 3548 NE 31st Ave. in Lighthouse Point, according to data from Condo Vultures Realty. The $4.495 million Broward County home saw a $500,000, or 10 percent, price cut. It was originally listed for $4.995 million when it hit the market in June. The 7,000-square-foot waterfront home sits on a 10,800-square-foot lot and features a butler pantry, a media room and an elevator. Lesli Monahan of Better Homes & Gardens Real Estate 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.) TRD