Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,010 sq ft
Active · Condominium
$79,990
2800 Somerset Drive 218j, Lauderdale Lakes, FL 33311
- Beds
- 2
- Baths
- 2
- Living area
- 1,010 sq ft
- $ / sq ft
- $79/sq ft
- Year built
- 1979
- Lot size
- —
- HOA fee
- $638
- Annual tax
- —
About this property
Don't miss this amazing opportunity to own a piece of paradise in a gated community in Somerset, located in the heart of Lauderdale Lakes! This cozy two-bedroom, two-bathroom condo offers the perfect blend of comfort, convenience, and vibrant 55+ community living. The unit has been RECENTLY UPDATED, FRESHLY PAINTED featuring NEW FLOORING, updated baseboards a modernized kitchen and bathrooms and LED lighting throughout. NEW AC (2025) that comes with a warranty! Plenty of storage space, walk-in closets. Relax on your screened-in balcony. Near schools, restaurants, supermarkets, major highways—just 20 minutes from the beach. CONDO FEE HAS BEEN REDUCED!!
Property location
Get Directions2800 Somerset Drive 218j, 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
- $638
- County
- Broward
- MLS listing ID
- F10535398
- 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
$590
- Cap rate
- 14.5%
- Net yield
- 14.5%
- Cash-on-cash return
- 31.6%
- Gross yield
- 30.6%
- Mortgage payment
- $379/mo
- Down payment
- $19,998
- Loan amount
- $59,993
- Annual NOI
- $11,634
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.