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Miami Real Estate - Miami Real Estate news

Monday, October 22, 2010

Miami Beach Homes, Biggest Price cut

A Miami Beach home for sale has seen the biggest price cut this week. According to data from the South Florida MLS, an 11 bedroom, 11 baths home located at 5869 Pine Tree Drive in Miami Beach, was listed for $9.2 million when it was put on the market in February. The price on this prime Miami real estate listing has dropped 14 percent or 1.25 million down to $7.95 million. The main house consists of six-bedrooms and six-and-a-half-bathrooms. There is also a three-bedroom, three-bathroom guest apartment and a gate house and pool cabana each with one bedroom and one bathroom. This home for sale in Miami Beach sits on a 51,450 square foot lot on the Intracoastal Waterway and contains a five-car garage, tennis court, pool and dock.

Call MLR Realty at 305-673-3303 to speak with a professional Realtor that specializes in Miami Beach homes and other Miami real estate properties for sale.



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