$79,000
2821 Somerset Drive 317
Explore the area: Lauderdale Lakes homes for sale · Broward County real estate
Price Check
How this price compares
- Asking price
- $79,000
- Price per sq ft
- $106
- Original price
- Unchanged
- Days on market
- 41
This 1-bedroom condo in Somerset No 1 Condo went under contract with an asking price of $79,000, or $106 per square foot. It spent 41 days on the market before going under contract.
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.
Customize this estimateListing Snapshot
- Price
- $79,000
- Days on Site
- 41 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 748 sqft
- Total Sq Ft
- 748 sqft
- Year Built
- 1974
- Property Type
- Condo
- MLS #
- A12066809
- Property Tax
- $1,985 (2025)
- HOA Fees
- $421 / Monthly
- Subdivision
- SOMERSET NO 1 CONDO
- County
- Broward
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Welcome to this bright, spacious 1BR/1BA condo in Somerset Bldg. #1, a desirable 55+ gated community in Lauderdale Lakes. This 3rd-floor unit features an open-concept living and dining area with an east-facing entrance and a west-facing screened balcony—accessible from both the living room and primary bedroom. Highlights include an ample kitchen, generous closet space, and elevator or stair access. Laundry facilities are conveniently located on each floor. Somerset offers community amenities, including a heated pool, fitness center, tennis & pickleball courts, billiards, shuffleboard, and a BBQ area. Centrally located minutes from I-95, shopping, dining, and Fort Lauderdale Beach. Perfect for full-time living or a seasonal getaway! (Note: Primary resident must be 55+; no pets allowed per bylaws). Per Condominium Association requirements: minimum 20% down payment and a minimum credit score of 700.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Parking
- Assigned / 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
Exterior Features
- Construction
- Block
- Exterior Features
- Barbecue / Courtyard / Outdoor Living Area
- Pool Features
- Association
- 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
- 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
About the Community
- Homes for Sale
- 3
- Median List Price
- $79,000
- Median $/Sq Ft
- $106
- Avg Days on Market
- 123
Frequently Asked Questions
- 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 Under Contract, and has been on the market 41 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 August 7, 2026.
$79,000
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Listed by Ida Metral Stromeyer, Real Estate Sales Force
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Recent Sales
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.
Sold$104,000
Sold · August 26, 2026
2821 Somerset Drive 302
2 bed · 2 bath · 1,010 sqft · $103/sqft
Sold$110,000
Sold · November 6, 2025
2821 Somerset Drive 309
2 bed · 2 bath · 865 sqft · $127/sqft
$10,500 under the asking price
See every recorded sale in Somerset No 1 Condo or find out what your Somerset No 1 Condo home is worth.
