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2821 Somerset Drive 312, Lauderdale Lakes, FL 33311
Under Contract
66 Days on Market
1 / 18
2821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 12821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 22821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 32821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 42821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 52821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 62821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 72821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 82821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 92821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 102821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 112821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 122821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 132821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 142821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 152821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 162821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 172821 Somerset Drive 312, Lauderdale Lakes, FL 33311 photo 18
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How this price compares

Asking price
$90,000
Price per sq ft
$104
Original price
$100,000
Days on market
66

This 2-bedroom condo in Somerset No 1 Condo went under contract with an asking price of $90,000, or $104 per square foot. The asking price has come down 10% from its original $100,000. It spent 66 days on the market before going under contract.

2
Bedrooms
2
Bathrooms
865
Living Sq Ft
1974
Year Built

Estimated monthly payment

$473 /mo

Principal and interest only, based on $18,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $491/mo HOA are not included.

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Listing Snapshot

Price
$90,000
Days on Site
66 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 #
A12059457
Property Tax
$1,074 (2025)
HOA Fees
$491 / Monthly
Subdivision
SOMERSET NO 1 CONDO
County
Broward
Status
Under Contract
Special Conditions
Listed As Is

About This Property

Priced to sell!! Move-in ready 2BR/2BA condo in Somerset Building #1, a highly desirable 55+ gated community in Lauderdale Lakes. This unit is located on the third floor with elevator access. It is a spacious home featuring a living and dining area, an open kitchen, two generously sized bedrooms with walk-in closets, and two full baths. The building has been remodeled, including a new roof with no assessments. Laundry is conveniently located on every floor, and the unit includes one assigned parking space (#70) plus guest parking. Water, trash, and internet are included. Residents enjoy resort-style amenities including a heated pool, fitness center, library, tennis, pickleball, billiards, shuffleboard, and a BBQ area. Conveniently located near shopping, dining, medical and professional offices, with easy access to I-95, Florida's Turnpike, Fort Lauderdale Airport, and just a short drive to Fort Lauderdale Beach. Perfect for year-round living or a seasonal Florida getaway. Primary resident must be 55+, association requires a minimum 700 credit score, no pets are permitted, and owners may rent after two years of ownership. Call today—easy to show! Lovely unit for a great price.

Virtual Tour

General Features

Property Type
Condo
Status
Under Contract
Year Built
1974
Property Condition
Resale
Number of Stories
4
Garage Spaces
0
Parking
Assigned / Guest
Living Sq Ft
865
Total Sq Ft
865

Interior Features

Appliances
Dishwasher / Electric Water Heater / Microwave
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile
Interior Features
Bedroom On Main Level / Entrance Foyer / Elevator

Exterior Features

Construction
Block
Exterior Features
Barbecue / Courtyard / Lighting / Outdoor Living Area / Tennis Courts
Pool Features
Association
View
Garden

Community & HOA

HOA Fee
$491 / Monthly
HOA Includes
Common Areas / Insurance / Internet / Maintenance Grounds / Maintenance Structure
Association Amenities
Billiard Room / Fitness Center / Laundry / Library / Picnic Area / Pool / Elevators
Security
Other / Phone Entry / Security Fence
Pets Allowed
No
55+ Community
Yes
Financing Terms
Cash / Conventional
MLS Area
3560

This home's HOA fee works out to $491 a month, 17% above the $421 median across 3 homes for sale in Somerset No 1 Condo. See Somerset No 1 Condo HOA fees

Schools

Elementary School
Rock Island
Middle School
William E. Dandy
High School
Boyd H. Anderson
Homes for Sale
3
Median List Price
$79,000
Median $/Sq Ft
$106
Avg Days on Market
123
View all 3 homes for sale in Somerset No 1 Condo →
How do I schedule a tour of 2821 Somerset Drive 312, Lauderdale Lakes, FL 33311?
Use the Tour button on this listing to request a showing of 2821 Somerset Drive 312, 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 2821 Somerset Drive 312, Lauderdale Lakes, FL 33311 still available?
2821 Somerset Drive 312, Lauderdale Lakes, FL 33311 is currently listed as Under Contract, and has been on the market 66 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 2821 Somerset Drive 312, Lauderdale Lakes, FL 33311?
With 20% down ($18,000) on the $90,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2821 Somerset Drive 312, Lauderdale Lakes, FL 33311 is about $473/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 2821 Somerset Drive 312, Lauderdale Lakes, FL 33311?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2821 Somerset Drive 312, 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 2821 Somerset Drive 312, Lauderdale Lakes, FL 33311 have an HOA fee?
Yes: 2821 Somerset Drive 312, Lauderdale Lakes, FL 33311 carries an HOA fee of about $491 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 2821 Somerset Drive 312, Lauderdale Lakes, FL 33311?
2821 Somerset Drive 312, 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 2821 Somerset Drive 312, Lauderdale Lakes, FL 33311?
Often, yes. The right offer on 2821 Somerset Drive 312, 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 Coldwell Banker Realty

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 August 1, 2026.

$90,000

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Listed by Pamela DiMartino, Coldwell Banker Realty

Recently sold homes in Somerset No 1 Condo

These are the last 2 recorded closings in Somerset No 1 Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $127 per square foot. The most recent closed on August 26, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.

See every recorded sale in Somerset No 1 Condo or find out what your Somerset No 1 Condo home is worth.

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