$119,500
2831 Somerset Drive 105
Explore the area: Lauderdale Lakes homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $119,500
- Price per sq ft
- $160
- Vs. nearby sales
- 122.2% above
- Days on market
- 284
This 1-bedroom condo in Somerset is listed at $119,500, or $160 per square foot. It has been on the market for 284 days. The 3 most recent condo sales in the closings shown below sold at a median of $72 per square foot, so the asking price is 122.2% above what comparable homes here actually sold for.
Estimated monthly payment
$628 /mo
Principal and interest only, based on $23,900 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $390/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $119,500
- Days on Site
- 284 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 748 sqft
- Year Built
- 1974
- Property Type
- Condo
- MLS #
- F10541007
- Property Tax
- $1,994 (2024)
- HOA Fees
- $390 / Monthly
- Subdivision
- somerset
- County
- Broward
- Status
- Active
About This Property
Completely updated, spacious 1-bedroom, 1-bath corner unit on the first floor. This bright condo features an open, modern kitchen with white cabinetry, stainless steel appliances, tile backsplash, porcelain countertops, and a large pantry for extra storage.The updated bathroom, tile and waterproof flooring throughout, new lighting, and ceiling fans add to the move-in-ready appeal. Fully furnished with brand-new modern furniture (2023). Water heater (2019) and A/C (2019).Enjoy abundant natural light and a Florida room with impact windows overlooking relaxing garden views. Ideally located next to the pool, amenities, and clubhouse in Building B. Well-managed and well-maintained building within Somerset Phase 2, an active 55+ gated community offering numerous activities and amenities.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Parking
- Assigned
- Living Sq Ft
- 748
Interior Features
- Appliances
- Electric Range / Electric Water Heater / Refrigerator / Water Heater
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- None
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- None
- Pool Features
- Association
- View
- Garden
Community & HOA
- HOA Fee
- $390 / Monthly
- HOA Includes
- Maintenance Structure / Sewer / Trash / Water
- Association Amenities
- Clubhouse / Maintenance Grounds / Pool
- Security
- None
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 3560
This home's HOA fee works out to $390 a month, 7% below the $418 median across 23 homes for sale in Somerset. See Somerset HOA fees
About the Community
- Homes for Sale
- 23
- Under Contract
- 2
- Median List Price
- $89,900
- Median $/Sq Ft
- $118
- Avg Days on Market
- 230
Frequently Asked Questions
- How do I schedule a tour of 2831 Somerset Drive 105, Lauderdale Lakes, FL 33311?
- Use the Tour button on this listing to request a showing of 2831 Somerset Drive 105, 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 2831 Somerset Drive 105, Lauderdale Lakes, FL 33311 still available?
- 2831 Somerset Drive 105, Lauderdale Lakes, FL 33311 is currently listed as Active, and has been on the market 284 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 2831 Somerset Drive 105, Lauderdale Lakes, FL 33311?
- With 20% down ($23,900) on the $119,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2831 Somerset Drive 105, Lauderdale Lakes, FL 33311 is about $628/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 2831 Somerset Drive 105, Lauderdale Lakes, FL 33311?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2831 Somerset Drive 105, 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 2831 Somerset Drive 105, Lauderdale Lakes, FL 33311 have an HOA fee?
- Yes: 2831 Somerset Drive 105, Lauderdale Lakes, FL 33311 carries an HOA fee of about $390 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 2831 Somerset Drive 105, Lauderdale Lakes, FL 33311?
- Often, yes. The right offer on 2831 Somerset Drive 105, 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 RE/MAX Consultants Realty 1
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.
$119,500
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Listed by Dany J Flanders, RE/MAX Consultants Realty 1
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Recent Sales
Recently sold homes in Somerset
These are the last 3 recorded closings in Somerset, with the price each home actually sold for rather than what it was listed at. They closed at a median of $72 per square foot. The most recent closed on September 25, 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$74,000
Sold · September 25, 2026
2860 Somerset Drive 404K
2 bed · 2 bath · 1,010 sqft · $73/sqft
$5,900 under the asking price
Sold$60,000
Sold · April 23, 2026
2800 Somerset 312j
1 bed · 1.5 bath · 835 sqft · $72/sqft
Sold$62,500
Sold · February 4, 2026
2850 Somerset Drive 208
2 bed · 2 bath · 1,010 sqft · $62/sqft
$7,490 under the asking price
See every recorded sale in Somerset or find out what your Somerset home is worth.
