The Real Deal Miami

Biggest price cut of the day

March 11, 2011 04:56PM

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50 S. Pointe Dr., #1205

The South Florida home to see the biggest price cut today is a two-bedroom, two-and-a-half-bathroom condo, #1205, in the Continuum on South Beach’s North Tower at 50 S. Pointe Drive, according to data from Condo Vultures Realty. The $1.5 million Miami-Dade County home saw a $150,000, or 9 percent, price cut. It was originally listed for $1.65 million when it hit the market in April 2010. The 1,698-square-foot unit has a balcony and views of Fisher Island and Miami. Diana Carulla of Continuum South Beach Realty has the listing. (Condo Vultures data consists of 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