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2851 Somerset Drive 111, Oakland Park, FL 33311
Active
103 Days on Market
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How this price compares

List price
$88,000
Price per sq ft
$102
Original price
$89,000
Days on market
103

This 2-bedroom condo in ZIP 33311 is listed at $88,000, or $102 per square foot. The asking price has come down 1.1% from its original $89,000. It has been on the market for 103 days.

2
Bedrooms
2
Bathrooms
865
Living Sq Ft
1974
Year Built

Estimated monthly payment

$462 /mo

Principal and interest only, based on $17,600 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $500/mo HOA are not included.

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Listing Snapshot

Price
$88,000
Days on Site
103 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 #
B26039202
Property Tax
$2,518 (2025)
HOA Fees
$500 / Monthly
Subdivision
SOMERSET NO FIVE CONDO
County
Broward
Status
Active
Special Conditions
Standard

About This Property

Welcome to Paradise. This two-bedroom, two-bathroom condominium located in Somerset 5 in Fort Lauderdale, Florida. This 865-square-foot residence offers comfortable living space efficiently designed for modern convenience. Situated in a four-story building, this unit provides an accessible living environment. The condominium format offers the benefits of low-maintenance ownership with shared building amenities and responsibilities. This Fort Lauderdale property represents a practical choice for those seeking straightforward 55 and over condo living. Minimum credit score of 750 required.

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General Features

Property Type
Condo
Status
Active
Year Built
1974
Property Condition
Resale
Number of Stories
4
Levels
One
Parking
Assigned / Guest
Direction Faces
South
Lot Size (Acres)
0
Living Sq Ft
865
Total Sq Ft
865
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
RM-20

Interior Features

Appliances
Electric Range / Range / Refrigerator
Cooling
Central Air
Heating
Central
Flooring
Laminate / Other / Tile
Interior Features
Elevator / Main Level Primary / Walk In Closets
Laundry
Common Area
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
3
Furnished
Unfurnished

Exterior Features

Construction
Block
Roof
Flat
Exterior Features
Balcony / Barbecue / Courtyard / Outdoor Living Area / Other
Pool Features
Association
Patio & Porch
Covered / Balcony
View
Garden

Community & HOA

HOA Fee
$500 / Monthly
HOA Includes
Pest Control / Pools / Recreation Facilities / Sewer / Trash / Water
Association Amenities
Clubhouse / Elevators / Fitness Center / Other / Picnic Area / Pool / Parking / Shuffleboard Court / Transportation Service
Community Features
Gated
Security
Gated Community / Other / Security Guard
Utilities
Cable Available / Electricity Available / Phone Available / Sewer Connected / Water Connected
Pets Allowed
No
55+ Community
Yes
Financing Terms
Cash
Restrictions
Buyer Approval Required / Limited Number Vehicles / No Boats / No Commercial Vehicles / No Rv / No Trailer Parking / Ok To Lease / See Remarks
MLS Area
3560

Schools

Elementary School
Rock Island
Middle School
William E. Dandy
High School
Boyd H. Anderson
Homes for Sale
1
Median List Price
$88,000
Median $/Sq Ft
$102
Avg Days on Market
103
View all 1 homes for sale in Somerset No Five →
How do I schedule a tour of 2851 Somerset Drive 111, Oakland Park, FL 33311?
Use the Tour button on this listing to request a showing of 2851 Somerset Drive 111, Oakland Park, 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 2851 Somerset Drive 111, Oakland Park, FL 33311 still available?
2851 Somerset Drive 111, Oakland Park, FL 33311 is currently listed as Active, and has been on the market 103 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 2851 Somerset Drive 111, Oakland Park, FL 33311?
With 20% down ($17,600) on the $88,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2851 Somerset Drive 111, Oakland Park, FL 33311 is about $462/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 2851 Somerset Drive 111, Oakland Park, FL 33311?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2851 Somerset Drive 111, Oakland Park, FL 33311. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 2851 Somerset Drive 111, Oakland Park, FL 33311 have an HOA fee?
Yes: 2851 Somerset Drive 111, Oakland Park, FL 33311 carries an HOA fee of about $500 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 2851 Somerset Drive 111, Oakland Park, FL 33311?
2851 Somerset Drive 111, Oakland Park, 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 2851 Somerset Drive 111, Oakland Park, FL 33311?
Often, yes. The right offer on 2851 Somerset Drive 111, Oakland Park, FL 33311 depends on how it's priced against comparable condo sales in Oakland Park, 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 Best Realty and Prop. Mgmnt

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.

$88,000

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Listed by Darius Lelutiu, Best Realty and Prop. Mgmnt

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