The Real Deal Miami

Biggest price cut of the day

March 10, 2011 04:47PM

The South Florida home to see the biggest price cut today is a three-bedroom, two- bathroom house at 217 Atlantic Avenue in Sunny Isles, according to data from Condo Vultures Realty. The $1 million Miami-Dade County home saw a $400,000, or 29 percent, price cut. It was originally listed for $1.4 million when it hit the market earlier this month. The 2,268-square-foot home sits on a 25,266-square-foot, waterfront lot, which could potentially be split into two, and has private beach access. Natalia Gafanovich Stewar of Keller Williams 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