The Real Deal Miami

Biggest price cut of the day

March 28, 2011 05:51PM

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3200 Granada Boulevard

The South Florida home to see the biggest price cut today is a five-bedroom, eight-bathroom house at 3200 Granada Boulevard in Coral Gables, according to data from Condo Vultures Realty. The $4.2 million Miami-Dade County home saw a $500,000, or 11 percent, price cut. It was originally listed for $5.2 million when it hit the market in August 2010. The price was last cut to $4.7 million in October 2010. The 7,649-square-foot home sits on a 19,000-square-foot lot on the Biltmore Golf course. Mercedes Saewitz 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