2850 SOMERSET DRIVE UNIT 204L, LAUDERDALE LAKES, FL, 33311
Active114 days on marketListed Apr 22, 2026MLS #O6401227
About this home
2850 SOMERSET DRIVE UNIT 204L
Welcome to this beautiful 2 beds 2 baths condo located in a desirable 55+ gated community. Enjoy 24hrs security and resort-style amenities such as heated pool, club house, BBQ area, gym, tennis, pickleball and shuffleboard. Conveniently located near shopping, restaurants, major highways, public transportation hospital and schools. This Gem features stainless steel appliances, solid counter tops and cabinets. HOA includes, water, sewer, maintenance, cable tv and reserve fund account. Seller motivated
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,010
Sqft
8.84 ac
Lot size
1979
Year built
Multi/Split
Levels
$104
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,561 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,561/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−25%
$/sqft vs Lauderdale Lakes actives
$104 vs $131
Days on market
114 vs 106 typical
Where $104/sqft sits among the 344 Lauderdale Lakes actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside Somerset, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$1,750/mo median
Live Lauderdale Lakes rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Lauderdale Lakes East Gate
Somerset is a short-term-rental community. See the full guide →
Lauderdale Lakes East Gate — neighborhood snapshot
Population
9,554
Median age
37
Median income
$50,023
Median home value
$253,053
Avg household
3
Households w/ children
1,326
For the school run
Broward County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lauderdale Lakes market
$105K → $355K
Lauderdale Lakes median sold, yr/yr
95.9%
Sale-to-list ratio (12 mo)
13 of 344
Lauderdale Lakes actives have cut their price
Median sold price, Lauderdale Lakes, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 49% below the LAUDERDALE LAKES 33311 median. See the full Lauderdale Lakes market guide →
Paper trail
This home's history
Reality check
What actually sold near 2850 SOMERSET DRIVE UNIT 204L
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$325,000
3231 NW 18th Ct, Lauderhill FL 33311
3 bd · 1 ba · 1,008 sqft · $322/sqft · 12 DOM
Sold · Sep ’25$280,000
3480 NW 17th St, Lauderhill FL 33311
3 bd · 1 ba · 1,030 sqft · $272/sqft · 27 DOM
Sold · Nov ’25$415,000
1621 NW 27th Ter, Fort Lauderdale FL 33311
3 bd · 1 ba · 1,040 sqft · $399/sqft · 93 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 2850 SOMERSET DRIVE UNIT 204L — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2850 SOMERSET DRIVE UNIT 204L — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
2850 SOMERSET DRIVE UNIT 204L FAQs
What would the monthly payment be for 2850 SOMERSET DRIVE UNIT 204L?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,561/mo — principal and interest, the actual property-tax bill, the $638/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 2850 SOMERSET DRIVE UNIT 204L?+
The association fee works out to $638 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 2850 SOMERSET DRIVE UNIT 204L?+
The most recent tax bill on record (2025) was $1,185. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 2850 SOMERSET DRIVE UNIT 204L be rented short-term?+
Yes — this home sits inside Somerset, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 2850 SOMERSET DRIVE UNIT 204L?+
The listing reports pets: Breed Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lauderdale Lakes?+
At $104,999, this home is listed about 9% below the Lauderdale Lakes median of $114,950. The market section on this page shows how the area is trending.
Which schools are assigned to 2850 SOMERSET DRIVE UNIT 204L?+
William Dandy Middle School (middle), Boyd H. Anderson High School (high), Rock Island Elementary School (elementary) — Broward County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the LAUDERDALE LAKES 33311 market on paper
$104,999 is 49% below the LAUDERDALE LAKES 33311 median of $207,000, and at $104/sqft it sits under the Lauderdale Lakes average of $144.
02Zoned for nightly rentals
Somerset is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Know the monthly fee
The association fee is $638/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04The price has already moved
Listed at $122,000, now $104,999 — a $17K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
$112,975
5111 W Oakland Park Blvd # 305, Lauderdale Lakes FL 33313, LAUDERDALE LAKES
1 bd · 1 ba · 684 sqft
$96,000
2840 Somerset Drive # 206, Lauderdale Lakes FL 33311, LAUDERDALE LAKES
1 bd · 1 ba · 748 sqft
$115,000
3530 NW 52nd Ave # 509, Lauderdale Lakes FL 33319, LAUDERDALE LAKES
2 bd · 2 ba · 944 sqft
Listing courtesy of FLORIDA REALTY INVESTMENTS · Robert Fairclough. MLS #O6401227.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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