Atlantic Luxury Advisors
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2831 Somerset #305

Lauderdale Lakes, FL 33311

$84,900
1
1
748 sq ft
1974
Condominium
$390/mo
140
Active

Listing courtesy of United Realty Group Inc (Marco Saverino). Contact: [email protected].

About this home

Recently reduced and priced to sell —one of the best values for a 1-bedroom in Somerset. Seller motivated and 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.

What it costs to own
Estimated monthly payment
$940/mo
Principal and interest
$429
Property tax
$71
Homeowners insurance
$50
HOA
$390

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
$855/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
$390/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.