$100,000
2821 Somerset Drive 400
Explore the area: Lauderdale Lakes homes for sale · Broward County real estate
Price Check
How this price compares
- Asking price
- $100,000
- Price per sq ft
- $116
- Original price
- $115,000
- Days on market
- 230
This 2-bedroom condo in Somerset No 1 Condo went under contract with an asking price of $100,000, or $116 per square foot. The asking price has come down 13% from its original $115,000. It spent 230 days on the market before going under contract.
Estimated monthly payment
$526 /mo
Principal and interest only, based on $20,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $489/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $100,000
- Days on Site
- 230 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 #
- A11946190
- Property Tax
- $2,388 (2024)
- HOA Fees
- $489 / Monthly
- Subdivision
- SOMERSET NO 1 CONDO
- County
- Broward
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Just Reduced owner motivated! Discover this incredible opportunity in a prime location, surrounded by new luxury construction! This beautifully maintained residence boasts an all-tiled interior, neutral tones, and a bright Florida room. The spacious layout features ample closets and a convenient location. Enjoy easy access to I-95 and the Florida Turnpike, with the Fort Lauderdale Airport just 12 minutes away. The building has undergone a complete remodel, including a new roof, with no assessments due from the seller. Community amenities include a pool, tennis courts, clubhouse, exercise room, library, game room, and more. This active 55+ community offers well-kept grounds and a convenient lifestyle. Don't miss out – come and see for yourself!
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Parking
- Guest
- Living Sq Ft
- 865
- Total Sq Ft
- 865
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Bedroom On Main Level / Split Bedrooms / Tub Shower
- Furnished
- Furnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Exterior Features
- Balcony / Courtyard / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Screened / Balcony
- View
- Other
Community & HOA
- HOA Fee
- $489 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Internet / Maintenance Grounds / Pools / Reserve Fund / Sewer / Security / Trash / Water
- Association Amenities
- Maintenance Grounds / Laundry / Picnic Area / Pool / Shuffleboard Court / Tennis Courts / Trash / Elevators
- Security
- Security Fence / Security Guard
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Lease2nd Year Owned / Other Restrictions
- MLS Area
- 3560
This home's HOA fee works out to $489 a month, 16% 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
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 400, Lauderdale Lakes, FL 33311?
- Use the Tour button on this listing to request a showing of 2821 Somerset Drive 400, 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 400, Lauderdale Lakes, FL 33311 still available?
- 2821 Somerset Drive 400, Lauderdale Lakes, FL 33311 is currently listed as Under Contract, and has been on the market 230 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 400, Lauderdale Lakes, FL 33311?
- With 20% down ($20,000) on the $100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2821 Somerset Drive 400, Lauderdale Lakes, FL 33311 is about $526/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 400, 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 400, 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 400, Lauderdale Lakes, FL 33311 have an HOA fee?
- Yes: 2821 Somerset Drive 400, Lauderdale Lakes, FL 33311 carries an HOA fee of about $489 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 400, Lauderdale Lakes, FL 33311?
- 2821 Somerset Drive 400, 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 400, Lauderdale Lakes, FL 33311?
- Often, yes. The right offer on 2821 Somerset Drive 400, 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 List 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 June 23, 2026.
$100,000
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Listed by Susie Eva Demitro, List Realty
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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.
