$115,000
$10K PRICE DROP

2821 Somerset Dr Unit 400 Lauderdale Lakes, FL 33311

Estimated payment $1,295/month

Total Views 9,914
2 Beds
2 Baths
865 Sq Ft
$133 Price per Sq Ft

Highlights

  • Senior Community
  • Furnished
  • Tennis Courts
  • Sun or Florida Room
  • Community Pool
  • Elevator

About This Home

Just Reduced owner motivated! Discover this incredible opportunity in a prime location, surrounded by new luxury construction! This beautifully maintained residence boasts an all-tiled interior, neutral tones, and a bright Florida room. The spacious layout features ample closets and a convenient location. Enjoy easy access to I-95 and the Florida Turnpike, with the Fort Lauderdale Airport just 12 minutes away. The building has undergone a complete remodel, including a new roof, with no assessments due from the seller. Community amenities include a pool, tennis courts, clubhouse, exercise room, library, game room, and more. This active 55+ community offers well-kept grounds and a convenient lifestyle. Don't miss out – come and see for yourself!

Listing Agent

Susie Demitro

List Realty License #3583028 Listed on: 03/01/2025

Co-Listing Agent

Nicole Bouchard

Keller Williams Realty Boca License #3305089

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,388

Year Built

  • Built in 1974

HOA Fees

  • $489 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 865 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Sun or Florida Room
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 1 Car Parking Space
  • Guest Parking

Outdoor Features

  • Screened Balcony
  • Courtyard

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494230AB0550

Community Details

Overview

  • Senior Community
  • Somerset Condo 1 Condos
  • Somerset No 1 Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,388

Year Built

Built in 1974

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: FLL801617
  • Co List Office Phone: (561) 997-0500
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SOMERSET NO 1 CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Split Bedroom, Florida Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 865
  • Stories: 4
  • Bedroom Features: Entry Level
  • Living Room Features: Florida Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: Courtyard, Screened Balcony
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Somerset Condo 1
  • Parking Features: 1 Space, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Guard At Site

Condo/Co-op/Association

  • Association Fee: 489
  • Amenities: Barbecue, Laundry, Elevator(s), Pool, Shuffleboard, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494230AB0550

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2388

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,388 $87,720 -- --
2024 $2,212 $87,720 -- --
2023 $2,212 $72,500 $0 $0
2022 $1,895 $65,910 $0 $0
2021 $1,772 $59,920 $0 $0
2020 $1,661 $59,110 $5,910 $53,200
2019 $1,519 $49,530 $4,950 $44,580
2018 $1,479 $49,300 $4,930 $44,370
2017 $1,401 $43,670 $0 $0
2016 $1,265 $39,700 $0 $0
2015 $1,379 $42,990 $0 $0
2014 $1,319 $39,090 $0 $0
2013 -- $54,600 $5,460 $49,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $115,000 -8.0% $133 / Sq Ft
03/01/2025 03/01/25 For Sale $125,000 -- $145 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 Cambridge Title Inc
Quit Claim Deed -- Attorney
Warranty Deed $58,000 Attorney
Corporate Deed $30,000 Buyers Title Inc
Trustee Deed -- Attorney
Personal Reps Deed $95,000 Attorney
Warranty Deed $27,500 --
Deed $16,000 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $35,000 Purchase Money Mortgage
Previous Owner $85,500 Fannie Mae Freddie Mac
Previous Owner $34,500 Unknown
Previous Owner $24,500 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11754261

MIAMI REALTORS® MLS

APN: 49-42-30-AB-0550