The Real Deal Miami

Biggest price cut of the day

January 12, 2011 05:14PM

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451 N. Mashta Drive

The South Florida home to see the biggest price cut today is a nine-bedroom, seven-bathroom house at 451 N. Mashta Drive in Key Biscayne, according to data from Condo Vultures Realty. The $7.8 million Miami-Dade County home saw a $690,000, or 8 percent, price cut. It was originally listed for $8.49 million when it hit the market in November. The 7,583-square-foot home sits on a 15,888-square-foot, waterfront lot and has staff quarters, a pool and a dock. Brigitte De Langeron of Fortune International Realty 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