The Real Deal Miami

Biggest price cut of the day

April 05, 2011 05:40PM

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10705 Snapper Creek Road

The South Florida home to see the biggest price cut today is a three-bedroom, three-bathroom house at 10705 Snapper Creek Road in Coral Gables, according to Condo Vultures Realty. The $8.95 million home saw an $800,000, or 8 percent, price cut. It was originally listed for $10.5 million when it hit the market in July 2010. The price was last cut to $9.75 million in January 2011. The 9.440-square-foot waterfront home sits on a 70,132-square-foot lot and has been featured in design magazines. Judith Zeder of Esslinger Wooten Maxwell has the listing. Condo Vultures data includes condos and single-family 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 includes photographs. Listings are taken from the South Florida MLS. TRD