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2831 Somerset Drive 305, Lauderdale Lakes, FL 33311
Active
141 Days on Market
1 / 8
2831 Somerset Drive 305, Lauderdale Lakes, FL 33311 photo 12831 Somerset Drive 305, Lauderdale Lakes, FL 33311 photo 22831 Somerset Drive 305, Lauderdale Lakes, FL 33311 photo 32831 Somerset Drive 305, Lauderdale Lakes, FL 33311 photo 42831 Somerset Drive 305, Lauderdale Lakes, FL 33311 photo 52831 Somerset Drive 305, Lauderdale Lakes, FL 33311 photo 62831 Somerset Drive 305, Lauderdale Lakes, FL 33311 photo 72831 Somerset Drive 305, Lauderdale Lakes, FL 33311 photo 8
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How this price compares

List price
$84,900
Price per sq ft
$114
Original price
$89,900
Days on market
141

This 1-bedroom condo in ZIP 33311 is listed at $84,900, or $114 per square foot. The asking price has come down 5.6% from its original $89,900. It has been on the market for 141 days.

1
Bedrooms
1
Bathrooms
748
Living Sq Ft
1974
Year Built

Estimated monthly payment

$446 /mo

Principal and interest only, based on $16,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $390/mo HOA are not included.

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Listing Snapshot

Price
$84,900
Days on Site
141 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 #
B26024371
Property Tax
$2,101 (2025)
HOA Fees
$390 / Monthly
Subdivision
SOMERSET NO 2 CONDO
County
Broward
Status
Active
Special Conditions
Standard / Listed As Is

About This Property

Recently reduced and priced to sell —one of the best values for a 1-bedroom in Somerset. Seller motivated and ready to make a deal. Bright and well-maintained 1BR/1BA with approximately 748 sq ft of living space in a desirable 55+ gated community with manned security. Open layout with ceramic tile floors throughout and abundant natural light. Spacious bedroom with ample storage. Vacant and ready for immediate occupancy. Enjoy resort-style amenities including heated pool, clubhouse, fitness center, billiards, shuffleboard, and walking paths. Conveniently located near shopping, dining, and major roadways. Low HOA. Optional furniture available for turnkey move-in. Strong value—don't miss this opportunity. Rental restrictions apply. Vacant and easy to show. Schedule via ShowingTime and use Supra lockbox. Optional furniture available for turnkey setup. Well-maintained 55+ gated community with strong amenities and convenient location near shopping, dining, and major roadways.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1974
Property Condition
Resale
Number of Stories
4
Levels
One
Parking
Assigned / Guest
Direction Faces
West
Lot Size (Acres)
0
Living Sq Ft
748
Total Sq Ft
748
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
RM-20

Interior Features

Appliances
Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Water Heater
Cooling
Central Air / Electric
Heating
Central
Flooring
Ceramic Tile / Tile
Interior Features
Bedroom On Main Level / Entrance Foyer / Living Dining Room / Walk In Closets
Laundry
Common Area
Windows
Blinds
Main Level Bedrooms
1
Main Level Baths
1

Exterior Features

Construction
Block / Stucco
Roof
Flat
Exterior Features
Courtyard
Pool Features
Heated
Waterfront Features
None

Community & HOA

HOA Fee
$390 / Monthly
HOA Includes
Common Areas / Insurance / Maintenance Grounds / Pools / Security / Trash / Water
Association Amenities
Billiard Room / Clubhouse / Fitness Center / Gated / Pool / Parking / Shuffleboard Court / Elevators
Community Features
Gated
Security
Gated With Guard / Gated Community
Utilities
Cable Available / Electricity Connected / Sewer Available / Water Available
Pets Allowed
No
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
Buyer Approval Required / No Lease2nd Year Owned / Ok To Lease / Rental Restriction
MLS Area
3560

Schools

Elementary School
Rock Island
Middle School
William E. Dandy
High School
Boyd H. Anderson
Homes for Sale
2
Median List Price
$80,950
Median $/Sq Ft
$108
Avg Days on Market
473
View all 2 homes for sale in Somerset No 2 Condo →
How do I schedule a tour of 2831 Somerset Drive 305, Lauderdale Lakes, FL 33311?
Use the Tour button on this listing to request a showing of 2831 Somerset Drive 305, 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 305, Lauderdale Lakes, FL 33311 still available?
2831 Somerset Drive 305, Lauderdale Lakes, FL 33311 is currently listed as Active, and has been on the market 141 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 305, Lauderdale Lakes, FL 33311?
With 20% down ($16,980) on the $84,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2831 Somerset Drive 305, Lauderdale Lakes, FL 33311 is about $446/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 305, 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 305, 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 305, Lauderdale Lakes, FL 33311 have an HOA fee?
Yes: 2831 Somerset Drive 305, 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.
What schools serve 2831 Somerset Drive 305, Lauderdale Lakes, FL 33311?
2831 Somerset Drive 305, 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 2831 Somerset Drive 305, Lauderdale Lakes, FL 33311?
Often, yes. The right offer on 2831 Somerset Drive 305, 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 United Realty Group Inc

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.

$84,900

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Listed by Marco Saverino, United Realty Group Inc

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