According to data from Condo Vultures Realty, out of all the Miami luxury condos this prime piece of Miami Beach real estate saw the biggest price reduction today. This four bedroom and four bathroom condo on Fisher Island at 5233 Fisher Island Drive is amongst some of the most expensive Miami luxury condos in the area.
Originally listed for $4.5 million in 2007 this luxury Fisher Island condo was relisted at $2.95 million at the end of 2009. This exquisite piece of Miami Beach real estate was reduced another $650,000 (22%) bringing the price to $2.3 million.
This 3,790 square foot condo has Persian marble floors, Italian marble vanities and a terrace with fantastic views of downtown Miami high rises, Biscayne Bay and the Atlantic Ocean.
Contributed by MLR Realty