Atlantic Luxury Advisors
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2861 Somerset Dr #301

Lauderdale Lakes, FL 33311

$140,000
2
2
865 sq ft
1974
Condominium
$460/mo
148
Active

Listing courtesy of Lifestyle International Realty (Eloisa Marte). Contact: [email protected].

About this home

Beautifully maintained 2-bedroom, 2-bathroom furnished residence located in a desirable 55+ community. This move-in-ready home offers comfortable living in a quiet, well-maintained neighborhood with exceptional amenities and recent community improvements. The association has made significant capital investments, including new roofs (fully paid for), a completely rebuilt pool, a renovated picnic/BBQ area with new grills and landscaping, new fitness center equipment, and a modern security gate fully paid for.** Residents enjoy outstanding amenities including a pool, clubhouse, pool table, shuffleboard, 1 tennis court and 3 pickleball courts. The community is also financially strong, with **solid reserve funds, no anticipated special assessments for the foreseeable future, reduced association insurance premiums due to the new roofs, and discussion of possible future HOA fee reductions.** Building F is currently receiving plumbing upgrades, further enhancing the community's long-term value. Assigned parking is included. Conveniently located near shopping, dining, and major roadways. Easy to show schedule your appointment today!

What it costs to own
Estimated monthly payment
$1,423/mo
Principal and interest
$708
Property tax
$163
Homeowners insurance
$92
HOA
$460

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$1,950/yr

Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$460/mo (from the listing)
FEMA flood zone
Zone AH, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.