2831 Somerset Drive

2831 Somerset Drive is a condo located in Somerset Lakes, Fort Lauderdale. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! On weekends, residents can enjoy the building's patio. There are 8 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 221 days and tend to sell below the original asking price of $60,000 by 5.65%. Meaning, listings tend to sell at a median of $93 price per square foot. The transaction that took the longest to complete was unit 207, listed on Sep 28, 2020 for $62,000. This particular unit ultimately sold 221 days later for $58,500. The most recent transaction was for unit 416, sold for $90,000 on Nov 12, 2021. Fun fact, the oldest transaction we have on record took place on Jul 20, 1999. See the full transaction history for 2831 Somerset Drive below.

Somerset Lakes, where 2831 Somerset Drive is located, has a median asking price of $119,450 for condo buildings. Meanwhile, the building itself has a median asking price of $60,000. For interested buyers, that means the building's median asking price is around 0.50% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $169,000. It is a 1,010 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $105,000. It is a 748 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 2 one-bedroom, 1 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $132,000. Collectively, the median square footage of these active units for sale is 748 sqft. Active units for sale at 2831 Somerset Drive have a median count of 1 bedrooms and have a median count of 1 bathroom.