2801 Somerset Drive 101, Lauderdale Lakes, FL 33311

$75,000

Virtual Tour

https://www.propertypanorama.com/2801-Somerset-Drive-Unit-101-Lauderdale-Lakes-FL-33311--B26009496/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 865 Status: Active

Current Price: $75,000 List Date: 4/01/2026 Last Modified: 9/04/2026

Overview

Description

Discover comfortable and convenient living in this spacious 2-bedroom, 2-bath gated condo located on the first floor of the desirable Somerset Phase 1 community. Enjoy tranquil views of the lush garden and BBQ area from your enclosed patio. The open floor plan features a bright and welcoming atmosphere, generously sized bedrooms, ample storage, and easy first-floor access—no stairs required. Ideally situated just a 20-minute drive to beautiful beaches and close to transportation, shopping, dining, and entertainment. Subject to seller addendum. All offers are subject to OFAC clearance. Auction Starts-07/27/2026 and ends on 07/29/2026.

Listing Details MLS# B26009496

General Property Information

Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 865
Building Area Source: Owner
Living Area Main: 865
Living Area Source: Assessor
Adjusted Area Main: 865
Accessibility Features YN: No
Year Built: 1974
Parking Total: Yes
Gated Community YN: Yes
Senior Community YN: Yes
Land Lease YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 4
Stories: Yes
Direction Faces: North
Fireplace YN: No
Pool Private YN: No
Washer/Dryer Allowed YN: No
LP/Assessed Value: 0.84

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Fee Includes: Common Areas; Pool Service; Trash; Water Flooring: Laminate; Tile Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned Property Condition: Resale Special Listing Conditions: Auction; Real Estate Owned Appliances: Electric Range; Gas Range; Oven Construction Materials: CBS Cooling: Central Air; Electric Association Type: Condominium Fencing: Fenced Heating: Central; Electric Interior Features: Other Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Negotiable Restrictions: Lease Restrictions; Other Restrictions Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Roof: Shingle Security Features: Security Fence; Security Guard Sewer: Public Sewer Structure Type: Multi Family Tax Information: Tax Reflects No Exemptions Unit Description: Garden Apartment Utilities: Electricity Connected; Sewer Connected; Water Connected View: Garden Water Source: Public Showing Requirements: Schedule Online Outdoor Living Spaces: Courtyard Courtyard Details: Courtyard - Open Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 95000
Negotiable Seller Concessions YN: No
Occupant Type: Vacant
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 2801
Street Name: Somerset
Street Suffix: Drive
Unit Number: 101
City Name: Lauderdale Lakes
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33311
Postal Code +4: 1928
Postal Zip: 33311
Subdivision Name: SOMERSET NO SEVEN CONDO
Area: 3560
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Elementary School: Rock Island
Middle Or Junior School: William E. Dandy
High School: Boyd H. Anderson
Special Assessment YN: No
Parcel Number: 494230ak0020
Zoning: RM-20
Flood Zone: AH

Financial Information

Association YN: Yes
Association Deposit YN: Yes
Association Deposit Amount: 150
Association Fee: 430
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Association Email: mimomarie47@yahoo.com
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 430
Membership Fee Required YN: No
Tax Annual Amount: 2550.27
Tax Year: 2025
Tax Assessed/SOH Value: 89670
Tax Legal Description: SOMERSET NO. SEVEN CONDO UNIT 101 PER CDO BK/PG: 5788/692
Assessor Market Value: 110830

Status Change Information

Major Change Timestamp: 2026-08-12T11:39:00Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-12T11:39:00Z
Status Change Date: 2026-04-01

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Auction Terms

Auction Date: 2026-03-31
Absolute: No
Non Published Reserve: No
Published Reserve: 95000
Subject To Seller Confirmation: Yes
Online: Yes
Terms & Conditions Attachment: No
LP is the required deposit to bid on property: No
Pre-Auction: No
Live Auction Date: 2026-03-16
Auction Contact Name: AUCTION.COM
Auction Contact Phone: 1-800-793-6107

Leasing Permitted Details

Leasing Permitted YN: Yes

Co-Ownership

Property Management YN: No

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Qualifying Requirements

Minimum Credit Score YN: No

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Price Calculations

Current Price To SqFt: 98.26

Originating Details

Originating System Key: 20260401112717007333000000
Originating System ID: M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Listing Office: Better Homes & Gdns RE Fla 1st

Last Updated: September - 04 - 2026

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2801 Somerset Drive 101, Lauderdale Lakes, FL 33311 (MLS# B26009496)