www.OnePlaceOpenHouse.com | By Sheree R. Curry
Former Boston Celtics star Antoine Walker, who used to play $15,000 poker hands with Michael Jordan, is gambling again. This time he is betting that the drastic price drop on his 7,111-square-foot Coconut Grove, Fla., home will do the trick.
On Friday Walker chopped the price of the 5-bedroom, 5½-bath home 34 percent from $3 million to $1.995 million, making it "the biggest price cut of the day," reported The Real Deal. The 2004-built home, which he purchased in 2005 for $3.1 million, had already seen one price cut from $3.4 million.
"The drastic price decrease is part of my strategy to get more buyers interested," listing agent Andre Shambley of the ERA Herman Group told AOL Real Estate. " As a result I'm now getting four to five calls a day on this property."
Read more and view pictures at: http://realestate.aol.com/blog/2011/03/07/antoine-walkers-miami-home-gets-34-price-chop/
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