Antoine Walker's Miami Home Gets 34% Price Chop

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."


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