The Real Deal Miami

Biggest price cut of the day

January 18, 2011 05:45PM

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3885 S. Moorings Court

The South Florida home to see the biggest price cut today is a five-bedroom, five-bathroom home at 3885 S. Moorings Court in Coconut Grove, according to data from Condo Vultures Realty. The $2.9 million Miami-Dade County home saw a $600,000, or 17 percent, price cut. It was originally listed for $3.5 million when it hit the market in November 2009. The 6,288-square-foot home sits on an 11,800-square-foot lot that has two fireplaces, a pool and spa. Audrey Ross 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