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2841 Somerset Dr # 318, Lauderdale Lakes FL 33311

Condo/Co-op For Sale
$73,000

BTC: 1.15873016

ETH: 41.80985109

-$2K (2026/04/06)
80 days
1 bds
1 ba
748 sqft

Overview

This 1-bedroom, 1-bath residence is located in the 55+ gated community of Somerset and offers a practical layout with great potential. The home is conveniently situated near major highways, shopping, restaurants, and everyday amenities, with beaches and entertainment just a short drive away. The community features controlled access and a pool area for residents to enjoy. With low HOA fees and a central location, the property presents an affordable opportunity for a primary residence, seasonal home, or investment. Whether you're looking to personalize the space or add a property to your portfolio, this home offers solid value in a convenient South Florida location. Schedule a showing to see the potential for yourself.

Location

Florida • Lauderdale Lakes • 33311 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
1 Space
Year Built:
1974
Lot:
No Data
Heating:
Central
Price/sqft:
$98
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$337

Valuation

Our model vs. what's actually selling nearby.
Estimate
$110,000
$68K – $170K
Confidence Low
List vs. estimate
$37K below estimate
List $73,000 · -33.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$97
-26.3% vs. city median $132
Based on
649 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$764
2025
HOA
$337/mo
View
None
Pets
Not allowed
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Electric Range

    • Refrigerator

    Other interior features

    • Third Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

    • Exterior Features: Exterior Cat Walk / Courtyard

    Other Property Information

    • Parcel Number: 494230AD0540

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $337

    • HOA Frequency: Monthly

    • Annual tax amount: $764

  • Source details

    • MLS ID: A11984041

    Other facts

    • Construction Materials: Concrete Block Construction

    • Architectural Style: Garden Apartment

    • Living Area: 748

    • Subdivision Name: SOMERSET NO 4 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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Market around this address

Live counts in the same area.
View all
This zip
33311
265
median $424K
Active
Same city
Lauderdale Lakes
198
median $120K
Active
Same type
Condo/Co-op
175
median $114K
Active
Similar price
$51K – $94K
42
median $84K
Active

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: Compass Florida, LLC