2860 Somerset Drive # 311k, Lauderdale Lakes FL 33311, Lauderdale Lakes
$110,000
Lauderdale Lakes, FL, 33311
Property details
- Bedrooms
- 1
- Bathrooms
- 1.5
- Living area
- 835 sqft
- Year built
- 1979
- Type
- Condominium
- Association fee
- $730 / monthly
- Days on market
- 83
- MLS #
- B26022720
Listing courtesy of Charles Rutenberg Realty FTL · 954-396-3001. Listing agent: Jose F Ochoa. MLS data last updated 2026-07-23.
Description
Investor Opportunity! Spacious 1-bed, 1.5-bath condo located in the desirable Somerset gated 55+ community, offering a secure and comfortable living environment. This residence features two large walk-in closets, an in-unit washer, french doors leading into the bedroom. Peaceful garden and pool views from your home, bright living room that includes a fully enclosed balcony. The unit is partly furnished, and basic cable TV and water are included in the association fees. Small dogs (up to 15 lbs when fully grown) are permitted. Please note: Leasing is not allowed during the first two years of ownership, and there are rental restrictions thereafter. A tenant is currently in place with a lease through May 1, 2027, this is an investment opportunity. Don't miss out on this great opportunity!
2860 Somerset Drive # 311k, Lauderdale Lakes FL 33311, Lauderdale Lakes — for sale, listed for $110,000 (1 bed, 1.5 bath, 835 sqft).
$132/sqft · 47% percentile · based on 43 1-bed listings for sale in 33311 (median $134/sqft).
Asking price vs the market
Compared with the other 43 1-bed listings for sale in 33311, this home asks $132/sqft — the group median is $134/sqft.
That places it near the market midpoint (47% percentile).
n=43 · 2026-07-24 · Methodology
Availability in SOMERSET AT LAUDERDALE
4 listings are currently active in this building across 4 distinct units (3 × 1-bed, 1 × 2-bed).
n=4 · 2026-07-24 · Methodology
Time on market
Against 43 comparable 1-bed listings for sale in 33311, this listing's 83 days on market compares with a 93-day median (47% percentile).
n=43 · 2026-07-24 · Methodology
Local market report
About SOMERSET AT LAUDERDALE
SOMERSET AT LAUDERDALE: built 1979–1980; current sale asking prices $65,000–$110,000; association fees $350–$730/month.
Association fee context
The $730 association fee compares with a $460 median across 43 1-bed listings for sale in 33311 that report fees.
n=43 · 2026-07-24 · Methodology
Run the numbers
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-24 · Methodology
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