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2831 Somerset Drive # 305, Lauderdale Lakes FL 33311

Condo/Co-op For Sale
$89,900

BTC: 1.40053819

ETH: 50.99436169

48 days
1 bds
1 ba
748 sqft

Overview

Aggressively priced and positioned to sell—one of the best values for a 1-bedroom in Somerset. Seller 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.

Location

Details

Type:
Residential
Parking:
Assigned / Guest
Year Built:
1974
Lot:
No Data
Heating:
Central
Price/sqft:
$120
Cooling:
Central Air / Electric
HOA:
$390

Valuation

Our model vs. what's actually selling nearby.
Estimate
$109,000
$69K – $174K
Confidence Low
List vs. estimate
$19K below estimate
List $89,900 · -17.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$120
-5.5% vs. city median $127
Based on
735 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,101
2025
HOA
$390/mo
Parking
2 spaces
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    • Electric

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Microwave

    • Electric Range

    • Refrigerator

    Other interior features

    • Entrance Foyer

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • Assigned

    • Guest

    Property

    • Levels: 1

    • Exterior Features: Exterior Cat Walk / Courtyard / None

    Other Property Information

    • Parcel Number: 494230ac0420

    • Zoning: RM-20

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $390

    • HOA Frequency: Monthly

    • Annual tax amount: $2,101

  • Source details

    • MLS ID: B26024371

    Other facts

    • Construction Materials: CBS Construction / Slab Construction / Stucco

    • Window Features: Blinds / Verticals

    • Direction Faces: West

    • Other Structures: Livable

    • Architectural Style: Garden Apartment / One Story

    • Living Area: 748

    • Water Source: Public

    • Subdivision Name: SOMERSET NO 2 CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: United Realty Group Inc