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2871 Somerset Drive 205, Lauderdale Lakes, FL 33311
Active
11 Days on Market
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How this price compares

List price
$119,000
Price per sq ft
$159
Original price
Unchanged
Days on market
11

This 1-bedroom condo in ZIP 33311 is listed at $119,000, or $159 per square foot. It has been on the market for 11 days.

1
Bedrooms
1
Bathrooms
748
Living Sq Ft
1974
Year Built

Estimated monthly payment

$625 /mo

Principal and interest only, based on $23,800 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
$119,000
Days on Site
11 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 #
A12110137
Property Tax
$2,317 (2025)
HOA Fees
$390 / Monthly
Subdivision
SOMERSET NO EIGHT CONDO
County
Broward
Status
Active
Special Conditions
Listed As Is

About This Property

Now Available in Somerset! Bright 2nd-floor 1-bedroom, 1-bath condo with a lake view in Building H of Somerset No. Eight, Lauderdale Lakes. This 748 sq ft home features ceramic tile flooring, a Florida room, a pantry, and a spacious bedroom that opens to a private screened patio overlooking the water — the perfect spot for morning coffee. The kitchen comes equipped with a dishwasher, microwave, electric range, and refrigerator, all included in the sale. Somerset is a gated, guard-patrolled 55+ community with a clubhouse, community pool, BBQ/picnic areas, shuffleboard, and extra storage, and the HOA covers water, sewer, trash, insurance, roof, and reserves for easy, low-maintenance living. Centrally located in Lauderdale Lakes, minutes to shopping, dining, and major roadways. Offered at $119,000.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
1974
Property Condition
Resale
Number of Stories
4
Garage Spaces
0
Parking
Guest
Living Sq Ft
748
Total Sq Ft
748

Interior Features

Appliances
Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator
Cooling
Central Air / Ceiling Fans / Electric
Heating
Central / Electric
Flooring
Ceramic Tile
Interior Features
Bedroom On Main Level / Family Dining Room / Living Dining Room / Pantry / Separate Shower
Windows
Blinds
Total Rooms
1
Furnished
Partially

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
Barbecue / Courtyard / Outdoor Living Area
Pool Features
Association
Patio & Porch
Patio
View
Lake / Water

Community & HOA

HOA Fee
$390 / Monthly
HOA Includes
Common Areas / Insurance / Recreation Facilities / Reserve Fund / Roof / Sewer / Security / Trash / Water
Association Amenities
Clubhouse / Picnic Area / Pool / Shuffleboard Court / Storage / Trash / Elevators
Security
Security Fence / Security Guard
Utilities
Cable Available
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 $420 median across 6 homes for sale in this community. See the community's HOA fees

Schools

Elementary School
Rock Island
Middle School
William E. Dandy
High School
Boyd H. Anderson
Homes for Sale
5
Median List Price
$125,000
Median $/Sq Ft
$145
Avg Days on Market
213
View all 5 homes for sale in Somerset No Eight →
How do I schedule a tour of 2871 Somerset Drive 205, Lauderdale Lakes, FL 33311?
Use the Tour button on this listing to request a showing of 2871 Somerset Drive 205, 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 2871 Somerset Drive 205, Lauderdale Lakes, FL 33311 still available?
2871 Somerset Drive 205, Lauderdale Lakes, FL 33311 is currently listed as Active, and has been on the market 11 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 2871 Somerset Drive 205, Lauderdale Lakes, FL 33311?
With 20% down ($23,800) on the $119,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2871 Somerset Drive 205, Lauderdale Lakes, FL 33311 is about $625/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 2871 Somerset Drive 205, Lauderdale Lakes, FL 33311?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2871 Somerset Drive 205, 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 2871 Somerset Drive 205, Lauderdale Lakes, FL 33311 have an HOA fee?
Yes: 2871 Somerset Drive 205, 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 2871 Somerset Drive 205, Lauderdale Lakes, FL 33311?
2871 Somerset Drive 205, 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 2871 Somerset Drive 205, Lauderdale Lakes, FL 33311?
Often, yes. The right offer on 2871 Somerset Drive 205, 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 EXP Realty LLC

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 November 14, 2026.

$119,000

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Listed by Edwin Paz, EXP Realty LLC

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