How do I schedule a tour of 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311?

Use the Tour button on this listing to request a showing of 2851 Somerset Drive 116, 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 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311 still available?

2851 Somerset Drive 116, Lauderdale Lakes, FL 33311 is currently listed as Under Contract, and has been on the market 92 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How do I get pre-approved to buy 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2851 Somerset Drive 116, 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 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311 have an HOA fee?

Yes: 2851 Somerset Drive 116, Lauderdale Lakes, 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 116, Lauderdale Lakes, FL 33311?

2851 Somerset Drive 116, 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 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311?

Often, yes. The right offer on 2851 Somerset Drive 116, 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.

Under Contract

92 Days on Market

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All Listings

$150,000

2851 Somerset Drive 116

Lauderdale Lakes, FL 33311

SOMERSET NO FIVE CONDO

Explore the area: Lauderdale Lakes homes for sale · Broward County real estate

Price Check

How this price compares

Asking price: $150,000
Price per sq ft: $149
Original price: $155,000
Days on market: 92

This 2-bedroom condo in ZIP 33311 went under contract with an asking price of $150,000, or $149 per square foot. The asking price has come down 3.2% from its original $155,000. It spent 92 days on the market before going under contract.

Bedrooms

Bathrooms

1,010

Living Sq Ft

1974

Year Built

Estimated monthly payment

$788 /mo

Principal and interest only, based on $30,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $500/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $150,000
Days on Site: 92 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,010 sqft
Total Sq Ft: 1,010 sqft
Year Built: 1974
Property Type: Condo
MLS #: B26045595
Property Tax: $3,091 (2025)
HOA Fees: $500 / Monthly
Subdivision: SOMERSET NO FIVE CONDO
County: Broward
Status: Under Contract
Special Conditions: Standard

About This Property

Welcome to this beautiful 55+ community in the heart of Lauderdale Lakes! This newly renovated condo offers peace of mind with a new A/C unit and a new water heater, making it move-in ready. Enjoy a spacious layout filled with natural light and a comfortable living space perfect for relaxing or entertaining. Residents can take advantage of the community's outstanding amenities, including a pool, clubhouse, and gated entry. Conveniently located just a short drive from South Florida's beautiful beaches, shopping, and dining. This home offers the perfect blend of comfort, convenience, and an active lifestyle. Whether you're looking for a seasonal retreat or your year-round home, this condo is an exceptional opportunity to enjoy easy Florida living in a vibrant 55+ community.

Virtual Tour

General Features

Property Type: Condo
Status: Under Contract
Year Built: 1974
Property Condition: Resale
Number of Stories: 4
Levels: One
Parking: Asphalt / Permit Required
Direction Faces: East
Lot Size (Acres): 0
Living Sq Ft: 1,010
Total Sq Ft: 1,010
Structure Type: Multi Family
Sewer: Public Sewer
Water Source: Public
Zoning: RM-20

Interior Features

Appliances: Dishwasher / Electric Water Heater / Range / Refrigerator / Water Heater
Cooling: Central Air
Heating: Central
Flooring: Laminate
Interior Features: Main Level Primary / Pantry / Walk In Closets
Laundry: Common Area / Lower Level / Laundry Room
Main Level Bedrooms: 2
Main Level Baths: 2
Total Rooms: 3
Furnished: Unfurnished

Exterior Features

Construction: Block
Roof: Shingle
Exterior Features: Outdoor Living Area / Porch
Pool Features: Association
Patio & Porch: Porch / Screened
Waterfront Features: None
View: Garden

Community & HOA

HOA Fee: $500 / Monthly
HOA Includes: Common Areas / Maintenance Grounds / Recreation Facilities / Roof / Sewer / Trash / Water
Association Amenities: Billiard Room / Clubhouse / Elevators / Gated / Laundry / Pool / Recreation Facilities / Shuffleboard Court
Community Features: Home Owners Association / Gated
Security: Gated Community
Utilities: Cable Available / Electricity Available / Sewer Available / Water Available
Pets Allowed: No
55+ Community: Yes
Financing Terms: Cash / Conventional
Restrictions: No Lease1st Year Owned / No Commercial Vehicles / Ok To Lease / Rental Restriction
MLS Area: 3560

Schools

Elementary School: Rock Island
Middle School: William E. Dandy
High School: Boyd H. Anderson

About the Community

Somerset No Five

View Community Details →

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 →

Frequently Asked Questions

How do I schedule a tour of 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311?: Use the Tour button on this listing to request a showing of 2851 Somerset Drive 116, 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 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311 still available?: 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311 is currently listed as Under Contract, and has been on the market 92 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 116, Lauderdale Lakes, FL 33311?: With 20% down ($30,000) on the $150,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311 is about $788/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 116, Lauderdale Lakes, FL 33311?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2851 Somerset Drive 116, 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 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311 have an HOA fee?: Yes: 2851 Somerset Drive 116, Lauderdale Lakes, 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 116, Lauderdale Lakes, FL 33311?: 2851 Somerset Drive 116, 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 2851 Somerset Drive 116, Lauderdale Lakes, FL 33311?: Often, yes. The right offer on 2851 Somerset Drive 116, 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 CGI 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 July 3, 2026.

$150,000

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Listed by Elizabeth Abalo, CGI Realty

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Recently sold homes in ZIP 33311

These are the last 6 recorded closings in ZIP 33311, with the price each home actually sold for rather than what it was listed at. They closed at a median of $468 per square foot. The most recent closed on September 30, 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.