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2801 Somerset Drive 101, Lauderdale Lakes, FL 33311
Active
181 Days on Market
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How this price compares

List price
$65,000
Price per sq ft
$75
Original price
$95,000
Days on market
181

This 2-bedroom condo in ZIP 33311 is listed at $65,000, or $75 per square foot. The asking price has come down 31.6% from its original $95,000. It has been on the market for 181 days.

2
Bedrooms
2
Bathrooms
865
Living Sq Ft
1974
Year Built

Estimated monthly payment

$342 /mo

Principal and interest only, based on $13,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $430/mo HOA are not included.

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Listing Snapshot

Price
$65,000
Days on Site
181 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
865 sqft
Total Sq Ft
865 sqft
Year Built
1974
Property Type
Condo
MLS #
B26009496
Property Tax
$2,550 (2025)
HOA Fees
$430 / Monthly
Subdivision
SOMERSET NO SEVEN CONDO
County
Broward
Status
Active
Special Conditions
Auction / Real Estate Owned

About This Property

Discover comfortable and convenient living in this spacious 2-bedroom, 2-bath gated condo located on the first floor of the desirable Somerset Phase 1 community. Enjoy tranquil views of the lush garden and BBQ area from your enclosed patio. The open floor plan features a bright and welcoming atmosphere, generously sized bedrooms, ample storage, and easy first-floor access—no stairs required. Ideally situated just a 20-minute drive to beautiful beaches and close to transportation, shopping, dining, and entertainment. Subject to seller addendum. All offers are subject to OFAC clearance. Auction Starts-07/27/2026 and ends on 07/29/2026. HOLD FOR 3 YEARS BEFORE LEASING PER HOA.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1974
Property Condition
Resale
Number of Stories
4
Levels
One
Parking
Assigned
Direction Faces
North
Lot Size (Acres)
0
Living Sq Ft
865
Total Sq Ft
865
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
RM-20

Interior Features

Appliances
Electric Range / Gas Range / Oven
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Laminate / Tile
Interior Features
Bedroom On Main Level / Other
Main Level Bedrooms
1
Main Level Baths
1

Exterior Features

Construction
Block
Roof
Shingle
Exterior Features
Courtyard / Outdoor Living Area / Uncovered Courtyard
Pool Features
Association
View
Garden

Community & HOA

HOA Fee
$430 / Monthly
HOA Includes
Common Areas / Pools / Sewer / Trash / Water
Association Amenities
Clubhouse / Pool
Community Features
Gated
Security
Gated Community / Security Fence / Security Guard
Utilities
Electricity Connected / Sewer Connected / Water Connected
Pets Allowed
No
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
No Lease2nd Year Owned / Other Restrictions / Ok To Lease
MLS Area
3560

This home's HOA fee works out to $430 a month, 9% above the $395 median across 6 homes for sale in this community. See the community's HOA fees

Schools

Elementary School
Rock Island
Middle School
William E. Dandy
High School
Boyd H. Anderson
Homes for Sale
6
Median List Price
$114,250
Median $/Sq Ft
$142
Avg Days on Market
165
View all 6 homes for sale in Somerset No Seven →
How do I schedule a tour of 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311?
Use the Tour button on this listing to request a showing of 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311 still available?
2801 Somerset Drive 101, Lauderdale Lakes, FL 33311 is currently listed as Active, and has been on the market 181 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311?
With 20% down ($13,000) on the $65,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311 is about $342/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311 have an HOA fee?
Yes: 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311 carries an HOA fee of about $430 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311?
2801 Somerset Drive 101, Lauderdale Lakes, FL 33311 is zoned for Rock Island (elementary), William E. Dandy (middle), Boyd H. Anderson (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311?
Often, yes. The right offer on 2801 Somerset Drive 101, Lauderdale Lakes, FL 33311 depends on how it's priced against comparable condo sales in Lauderdale Lakes, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Better Homes & Gdns RE Fla 1st

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$65,000

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Listed by Emily M Odak, Better Homes & Gdns RE Fla 1st

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