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2821 Somerset Drive 317, Lauderdale Lakes, FL 33311
Active
174 Days on Market
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How this price compares

List price
$79,000
Price per sq ft
$106
Original price
$85,000
Days on market
174

This 1-bedroom condo in Somerset No 1 Condo is listed at $79,000, or $106 per square foot. The asking price has come down 7.1% from its original $85,000. It has been on the market for 174 days.

1
Bedrooms
1
Bathrooms
748
Living Sq Ft
1975
Year Built

Estimated monthly payment

$415 /mo

Principal and interest only, based on $15,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $421/mo HOA are not included.

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Listing Snapshot

Price
$79,000
Days on Site
174 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
748 sqft
Total Sq Ft
748 sqft
Year Built
1975
Property Type
Condo
MLS #
A11959437
Property Tax
$1,985 (2025)
HOA Fees
$421 / Monthly
Subdivision
SOMERSET NO 1 CONDO
Development
Somerset Condominium
County
Broward
Status
Active

About This Property

Welcome to the well-maintained, large 1BR/1BA condo in Somerset Bldg. #1, a gated 55+ community in Lauderdale Lakes, FL. This bright, open living & dining area features an east-facing entrance and west-facing screened balcony with entrance from the living and its large primary bedroom. Enjoy an ample kitchen, plenty of closets, and 3rd-floor location with elevator and stair access. Laundry facilities on each floor for convenience. Somerset offers community amenities including a heated pool, fitness center, tennis & pickleball courts, billiards, BBQ area, and shuffleboard. Centrally located minutes from I-95, near shopping, dining, and just a short drive to Fort Lauderdale Beach, ideal for full-time living or seasonal Florida residence. Primary resident must be 55+. No pets per condo bylaws. Maintenance include: building exterior, cable TV, common Area, elevator, insurance, laundry facilitiespest Control Interior, pool service, roof repairs, security, sewer, trash removal, water. No Assessment Pending, SIRS Inspection Complete & Filled.

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General Features

Property Type
Condo
Status
Active
Year Built
1975
Number of Stories
4
Garage Spaces
0
Parking
Guest
Direction Faces
East
Living Sq Ft
748
Total Sq Ft
748

Interior Features

Appliances
Dishwasher / Electric Range / Refrigerator
Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Bedroom On Main Level / Bathtub / Elevator / Living Dining Room / Soaking Tub / Separate Shower / Tub Shower
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
Barbecue / Courtyard / Outdoor Living Area
Pool Features
Association
Waterfront Features
None
View
Garden / Other

Community & HOA

HOA Fee
$421 / Monthly
HOA Includes
Common Areas / Cable Tv / Hot Water / Internet / Maintenance Structure / Recreation Facilities / Security / Trash / Water
Association Amenities
Clubhouse / Fitness Center / Maintenance Grounds / Laundry / Management / Picnic Area / Pool / Parking / Shuffleboard Court / Storage / Trails / Trash / Elevators
Security
Security Fence / Security Guard
Utilities
Cable Available
Pets Allowed
No / No Pet Restrictions / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
No Corporate Buyer / No Truck / No Trailer Parking / See Remarks
MLS Area
3560

This home's HOA fee works out to $421 a month, in line with 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 317, Lauderdale Lakes, FL 33311?
Use the Tour button on this listing to request a showing of 2821 Somerset Drive 317, 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 317, Lauderdale Lakes, FL 33311 still available?
2821 Somerset Drive 317, Lauderdale Lakes, FL 33311 is currently listed as Active, and has been on the market 174 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 317, Lauderdale Lakes, FL 33311?
With 20% down ($15,800) on the $79,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2821 Somerset Drive 317, Lauderdale Lakes, FL 33311 is about $415/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 317, 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 317, 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 317, Lauderdale Lakes, FL 33311 have an HOA fee?
Yes: 2821 Somerset Drive 317, Lauderdale Lakes, FL 33311 carries an HOA fee of about $421 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 317, Lauderdale Lakes, FL 33311?
2821 Somerset Drive 317, 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 317, Lauderdale Lakes, FL 33311?
Often, yes. The right offer on 2821 Somerset Drive 317, 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 Real Estate Sales Force

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.

$79,000

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Listed by Ida Metral Stromeyer, Real Estate Sales Force

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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