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The Real Deal Miami

Biggest price cut of the day

February 22, 2011 05:30PM

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510 Ocean Boulevard

The South Florida home to see the biggest price cut today is a five-bedroom, six-bathroom house at 510 Ocean Boulevard in Golden Beach, according to data from Condo Vultures Realty. The $1.6 million Miami-Dade County home saw a $200,000, or 11 percent, price cut. It was originally listed for $1.8 million when it hit the market in January. The 4,854-square-foot home sits on a 12,499-square-foot lot with a pool, and comes with private beach access for Golden Beach residents. Angel Cabrera of Grand Realty of America 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