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The Real Deal Miami

Biggest price cut of the day

February 28, 2011 04:59PM

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17001 Collins Ave., #PH4905

The South Florida home to see the biggest price cut today is a six-bedroom, six-bathroom condominium unit, #PH4905, in the Jade Beach condominium at 17001 Collins Avenue in Sunny Isles, according to data from Condo Vultures Realty. The $10.9 million Miami-Dade County home saw a $500,000, or 4 percent, price cut. It was originally listed for $11.4 million when it hit the market in August 2010. The 8,210-square-foot triplex penthouse has balcony space overlooking the ocean and an interior elevator. Marci Trautenberg 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