The Real Deal Miami

Biggest price cut of the day

March 22, 2011 04:32PM

alternate text
229 Ocean Boulevard

The South Florida home to see the biggest price cut today is a six-bedroom, six-bathroom house at 229 Ocean Boulevard in Golden Beach, according to data from Condo Vultures Realty. The $9.5 million Miami-Dade County home saw a $2.4 million, or 20 percent, price cut. It was originally listed for $11.9 million when it hit the market in April 2009. The 6,311-square-foot, waterfront home was built by architect Carlos B.Schoeppl and has a separate guest house and a pool. Sue Honowitz of Rusty Stein & Company 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