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That Gorgeous Mediterranean in Miami Beach Was Reduced Again

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It's now asking $19.8 million

The stunning Mediterranean home at 6385 Pine Tree Drive Circle in Miami Beach received its second price cut of 2016 and is now listed at $19.8 million.

After hitting the market last September for $25 million, the nine-bed, 11-bath with 175 feet of waterfront was reduced to $21 million in late January before receiving another cut of $1.2 million this week.

It was built in 1937 and has been infused with "state-of-the-art technological integration."

Among its features are a 22,000-gallon pool, spa, koi pond, sculptured gardens, gym, wine cellar, library, safe room, and two-bedroom guest house.