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New Construction · Lauderdale Lakes, FL
Somerset Plaza is a community in Lauderdale Lakes, Broward County, Florida. Active listings are priced from $450,000 to $715,000.
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Market Overview
There are 4 active listings for sale in Somerset Plaza right now. The median list price is $615,000, or about $350 per square foot. Listings span $520,000 to $765,000, so there is inventory across most budgets. Homes are averaging 108 days on market. These figures update from the MLS as the market moves.
Somerset Plaza Market Stats
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About Somerset Plaza
Somerset Plaza is a community in Lauderdale Lakes, Broward County, Florida. Active listings are priced from $450,000 to $715,000. Homes were built between 2022 and 2024. Pure Equity Realty lists homes in Somerset Plaza for 1% commission and represents buyers at no cost.
Homes & Architecture
Homes for sale in Somerset Plaza offer 3 to 4 bedrooms and 2 to 2.5 baths. Living areas run from about 1,482 to 2,299 square feet. The mix here includes single family and townhouse homes. Current prices run from $520,000 to $765,000. The homes on the market were built between 2022 and 2024.
Amenities & Lifestyle
Somerset Plaza is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Somerset Plaza is located in Lauderdale Lakes, part of Broward County, Florida. Residents are close to the shopping, dining, schools, and parks of the Lauderdale Lakes area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Somerset Plaza
Buying in Somerset Plaza follows the same path as the rest of Broward County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Broward County is about $3,610. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Lauderdale Lakes means you see new listings in Somerset Plaza the day they reach the market.
Selling in Somerset Plaza
A successful sale in Somerset Plaza comes down to pricing, presentation, and marketing. List prices in Somerset Plaza currently center around $615,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Somerset Plaza owners in Lauderdale Lakes, so you can see what your property could sell for before you commit to listing.
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