1 / 162871 Somerset Dr # 218, Lauderdale Lakes FL 33311
Lauderdale Lakes, FL
List Price
$84,000
Type
Condo / Townhome
Bedrooms
1
Bathrooms
1
Price / SqFt
$112/sqft
Price reduction
20% below original list — was $105,000
Property Information
- Square Feet
- 748
- Units
- 1
- Days on Market
- 810
- Status
- active
Location
- County
- Broward County
- Zip Code
- 33311
- Coordinates
- 26.1586, -80.1914
Represented by Academia
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Why this deal
- 20% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
80/100
Prime
is scored →
20.0% off original list (full marks at 25%+).
810 days on market (full marks at 120+ — more time = more leverage).
$112/sqft vs area median $335/sqft. Lower can mean value — or lower condition/location. Verify.
No explicit distress language in the public remarks.
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal calculator
Value-add deal calculator
2871 Somerset Dr # 218, Lauderdale Lakes FL 33311, Lauderdale Lakes, FL
Recommended max offer
$43,580
Spread vs list (room below list)
$40,420
70% rule MAO
$43,580
Margin-based MAO
$54,080
Est. all-in basis
$73,500
Projected profit
$31,500
Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.