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Built in 1974 - 576 units - 4 floors

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Building Information

Somerset at Lauderdale Lakes 1 to 8

Number of units: 576
Active listings for rent: 3
Active listings for sale: 21
Building inventory for sale: 3%
Number of sales over the last 12 months: 26
Number of sales over the last 6 months: 15
Number of sales over the last 3 months: 6
Avg. time to close over last 12 months: 70 days

Address

2801 Somerset Dr, Lauderdale Lakes, Broward, FL, 33311

Somerset At Lauderdale Lakes
Address: 2870 Somerset Dr,
Lauderdale Lakes, FL 33311

Recent Sales

Unit # Size Closing Date Sale Price PPSF
405 748 sq ft Aug 2024 $90,000 $120
409 865 sq ft Aug 2024 $105,000 $121
401 865 sq ft Aug 2024 $113,153 $131
300 865 sq ft Jul 2024 $135,000 $156
216 1,010 sq ft Jul 2024 $139,500 $138

Market Information

Building vs Area

Somerset at Lauderdale Lakes 1 to 8: $122/sq. ft.
Lauderdale Lakes: $122/sq. ft.

Area vs City

Lauderdale Lakes $122/sq. ft.
Broward $346/sq. ft.

Inventory for sale

Lauderdale Lakes: 4%
Broward: 4%

Avg. time to close over last 12 months

Somerset at Lauderdale Lakes 1 to 8 70 days
Lauderdale Lakes: 70 days
Broward: 72 days