This midcentury Key Biscayne house, built in 1955, was originally listed for sale in January for $3.15 million but has seen a few price cuts since. In April, it was reduced to $2.8 million, and just last week reduced again, to $2.7 million.

Located east of Crandon Boulevard, the house is within walking distance to the beach. The 3,310 square foot house, on a quarter acre lot, is replete with much of its original MiMo charm, including a stone fireplace, huge pool, glassed-in Florida room, and various areas for indoor and outdoor entertaining. The house has five bedrooms, including two master suites and a staff room. It has a formal dining room, informal breakfast area, and open plan kitchen.