Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,010 sq ft
Active · Condominium
$120,000
2800 Somerset Drive 109J, Lauderdale Lakes, FL 33311
- Beds
- 2
- Baths
- 2
- Living area
- 1,010 sq ft
- $ / sq ft
- $119/sq ft
- Year built
- 1979
- Lot size
- —
- HOA fee
- $630
- Annual tax
- —
About this property
LEADING YOU HOME!! $5000 to buyer. $558 monthly HOA —NO CLIMBING STAIRS to access this FIRST FLOOR 2 beds/2 baths unit in a 55+ COMMUNITY! Seller is highly motivated to offer this upgraded condo in Lauderdale Lakes. Tiled throughout, real wood kitchen cabinets, Stainless steel appliances with washer and dryer in unit. Gated access with 24/7 security. HOA dues include cable tv, maintenance of elevator, parking, pest control interior, pool service, recreation facilities, security, trash removal and more. You won't be bored because this community has pools, fitness center, clubhouse tennis courts, and other amenities. situated close to major highways, malls, shopping centers, minutes away from the beach, airport and others. Assigned parking and guest parking for convenience. This is home!
Property location
Get Directions2800 Somerset Drive 109J, Lauderdale Lakes, FL 33311
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1979
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $630
- County
- Broward
- MLS listing ID
- F10509148
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$444
- Cap rate
- 10.1%
- Net yield
- 10.1%
- Cash-on-cash return
- 15.9%
- Gross yield
- 21.5%
- Mortgage payment
- $569/mo
- Down payment
- $30,000
- Loan amount
- $90,000
- Annual NOI
- $12,158
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.