The Real Deal Miami

Biggest price cut of the day

April 11, 2011 05:19PM

alternate text
6950 Sunrise Drive

The South Florida home to see the biggest price cut today is a five-bedroom, five-bathroom house at 6950 Sunrise Drive in Coral Gables, according to Condo Vultures Realty. The $4.399 million Miami-Dade County home saw a $600,000, or 12 percent, price cut. It was originally listed for $4.999 million when it hit the market in June 2010. The 5,944-square-foot home sits on a 14,500-square-foot, waterfront lot in the gated Sunrise Harbour community. It has a pool, dock, wine cellar and two master suites. Maria Marin of One Sotheby’s International Realty 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