The Real Deal Miami

Biggest price cut of the day

January 19, 2011 04:13PM

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The unit inside 3535 Hiawatha Avenue

The South Florida home to see the biggest price cut today is a six-bedroom, six-bathroom condominium unit at 3535 Hiawatha Avenue in Coconut Grove, according to data from Condo Vultures Realty. The $5.6 million Miami-Dade County home saw a $450,000, or 7 percent, price cut. It was originally listed for $6.05 million when it hit the market in November 2009. The 5,957-square-foot condo sits inside a building that includes two spas, a gym and a concierge service. Paola Garcia-Carrillo of GC Homes 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