The Real Deal Miami

Biggest price cut of the day

March 21, 2011 05:27PM

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2000 S. Bayshore Drive, #32

The South Florida home to see the biggest price cut today is a four-bedroom, four-bathroom townhouse, #32, in Coconut Grove’s L Hermitage development at 2000 S. Bayshore Drive, according to data from Condo Vultures Realty. The $1.9 million Miami-Dade County home saw a $350,000, or 16 percent, price cut. It was originally listed for $2.25 million when it hit the market in December 2010. The 4,584-square-foot, waterfront home has a dock and is located in a 24-hour guarded community. Sylvia Cherry of Coldwell Banker 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