The Real Deal Miami

Biggest price cut of the day

January 10, 2011 03:27PM

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10700 SW 68th Avenue

The South Florida home to see the biggest price cut today is a six-bedroom, eight-bathroom single-family house at 10700 SW 68th Avenue in Pinecrest, according to data from Condo Vultures Realty. The $4.49 million Miami-Dade County home saw a $505,000, or 10 percent, price cut. The price was last cut to $4.995 million in April 2010. It was originally listed for $5.65 million when it hit the market in June 2009. The 10,493-square-foot home sits on a 38,332-square-foot lot and features a 10-seat home theater and lagoon pool with waterfalls. Amy Hollub of Coldwell Banker Residential 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