The Real Deal Miami

Biggest price cut of the day

January 13, 2011 05:20PM

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800 S. Pointe Drive, PHA

The South Florida home to see the biggest price cut today is a six-bedroom, seven-bathroom condo, PHA, in the Apogee at 800 S. Pointe Drive in South Beach, according to data from Condo Vultures Realty. The $14 million Miami-Dade County home saw a $2 million, or 13 percent, price cut. It was originally listed for $16 million when it hit the market in May. The 6,853-square-foot unit takes up the top two floors of the Apogee and has a private garage, rooftop terrace and pool with a built-in summer kitchen. Esther Percal 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