The Real Deal Miami

Biggest price cut of the day

January 06, 2011 03:19PM

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9205 SW 58th Ave

The South Florida home to see the biggest price cut today is a five-bedroom, five-bathroom single-family house at 9205 SW 58th Ave. in Pinecrest, according to data from Condo Vultures Realty. The $2.495 million Miami-Dade County home saw a $200,000, or 7 percent, price cut. The price was last cut to $2.695 million in October 2010. It was originally listed for $3.5 million when it hit the market in September 2008. The 6,949-square-foot waterfront home sits on a 43,124-square-foot lot and features limestone flooring and a sound-proof media room. Judith Zeder of Esslinger-Wooten-Maxwell 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