The Real Deal Miami

Biggest price cut of the day

January 14, 2011 05:43PM

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3108 NE 23rd Court

The South Florida home to see the biggest price cut today is a six-bedroom, six-bathroom home at 3108 NE 23rd Court in Fort Lauderdale, according to data from Condo Vultures Realty. The $3.995 million Broward County home saw a $505,000, or 11 percent, price cut. It was originally listed for $5 million when it hit the market in January 2008. The price was last cut to $4.5 million in April 2009. The 6,500-square-foot, new construction home sits on a 10,905-square-foot waterfront lot and has an elevator, four-car garage, pool and fireplace. James Morlock of Intercoastal 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