Somerset At Lauderdale La Homes for Sale

Somerset At Lauderdale La is a residential community in Lauderdale Lakes, Florida.

Pure Equity Realty covers Somerset At Lauderdale La and the Lauderdale Lakes area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 12 Somerset At Lauderdale La Lauderdale Lakes homes for sale as of September 2026. The median asking price is $99,000. Asking prices run from $70,000 to $140,000.

That is 17% below the Lauderdale Lakes median of $119,000. On a per-foot basis, homes here ask about $108 per square foot, compared with $132 across Lauderdale Lakes. So the median price buys roughly 900 square feet of living area.

Listings here have averaged 189 days on the market. That tracks the Lauderdale Lakes average of 161 days, so pricing and terms follow the wider city market.

Homes listed in Somerset At Lauderdale La date from 1979 to 1980. That puts them between 46 and 47 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Somerset At Lauderdale La is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Here is what the median Somerset At Lauderdale La price means in Florida closing terms. At $99,000, a 20% down payment comes to about $20,000, leaving a loan near $79,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $277. Next, the intangible tax of 0.2% adds about $158. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Somerset At Lauderdale La median, that is about $693.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Somerset At Lauderdale La listings show assignments to Rock Island (elementary), William E. Dandy (middle) and Boyd H. Anderson (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.