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The Real Deal Miami

Biggest price cut of the day

February 14, 2011 05:20PM

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Unit #2501 at the Grovenor House

The South Florida home to see the biggest price cut today is a four-bedroom, six-bathroom condominium unit, #2501, in the Grovenor House at 2627 S. Bayshore Drive in Coconut Grove, according to data from Condo Vultures Realty. The $2.99 million Miami-Dade County home saw a $210,000, or 7 percent, price cut off its last asking price of $3.2 million. It was originally listed for $3.65 million when it hit the market in May, before the last price cut in October. The 4,026-square-foot home has direct ocean views, marble floors and granite countertops. Bertha Sieber
of Prodigy 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