The Real Deal Miami

Biggest price cut of the day

March 29, 2011 05:42PM

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1840 S. Bayshore Drive

The South Florida home to see the biggest price cut today is a seven-bedroom, six-bathroom house at 1840 S. Bayshore Drive in Miami, according to data from Condo Vultures Realty. The $2.2 million Miami-Dade County home saw a $1 million, or 31 percent, price cut. It was originally listed for $3.5 million when it hit the market in February 2009. The price was last cut to $3.2 million in January. The 6,304-square-foot, waterfront home sits on a 20,000-square-foot lot. Moreno Habif of Fortune International Realty 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