Get Market Updates

Stay informed on Miami condo trends

What we cover

Price trendsNew listingsInvestment scoresNeighborhood insights

Free, no spam. Unsubscribe anytime.

Buildings/Lauderdale Lakes/SOMERSET AT LAUDERDALE LA

Value

SOMERSET AT LAUDERDALE LA

2860 Somerset Dr, Miami

Data as of June 2026

CI Score

Moderate

For Sale

$110K

Avg Price

$64

Sale $/SF

For Rent

$1,400

Avg Rent

$1.87

Rent $/SF

+50.0%

YoY

For Sale

For Rent

Investor-Owned

—

Avg HOA

$638/mo

Building Details

Address

2860 Somerset Dr, Miami

Neighborhood

Lauderdale Lakes

Tier

Value

Avg $/SF

$64.36

Avg Rent

$1,400/mo

Rent $/SF

$1.87/SF

HOA Range

$565 – $730

Neighborhood Rank

Top 73%

Total Sales (All-Time)

Investment Analysis

Yield Metrics

Rental Yield (annualized)26.1%

YoY Appreciation+50.0%

Total Yield121.2%

YoY Sale $/SF Change-45.8%

Liquidity & Demand

Closed Sales (120d)1

Days on Market264 days

Months of Inventory32.0

Sale-to-List Ratio0.9%

Price Reduction Rate100%

For Sale6

For Rent1

Top 73%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$64

Rental Price Trend ($/SF)

$1.70

-5.6%

Building Activity

Days on Market

264

days

Sitting longer

Sales & Listings

Active Listings

For Sale (6)

$89K

Unit 317K

2 bd2 ba1,010 sf

$88/SF210 DOM

$95K

2 bd2 ba1,010 sf

$94/SF272 DOM

$100K

Unit 404l

2 bd2 ba1,010 sf

$99/SF653 DOM

$110K

Unit 311k

1 bd835 sf

$132/SF48 DOM

$110K

2 bd2 ba1,010 sf

$109/SF109 DOM

$119K

2 bd2 ba1,010 sf

$118/SF340 DOM

For Rent (1)

$1K

Unit 105L

1 bd1 ba748 sf

$2/SF1 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
May 8, 2025	$120K	$118.81	2/2	1,010
Feb 14, 2023	$86K	$102.99	1/2	835
Feb 9, 2023	$105K	$103.96	2/2	1,010
Dec 2, 2022	$120K	$118.81	2/2	1,010
Oct 27, 2022	$86K

Brokerage	Agents	Sales	Volume
The Keyes Company	1	4	$378K
Laurie Finkelstein Reader Real	2	2	$225K
LPT Realty	1	1	$91K
Compass	1	1	$90K
Charles Rutenberg Realty	1	1	$65K

Frequently Asked Questions

What is the average sale price per square foot at SOMERSET AT LAUDERDALE LA?

Closed condo sales at SOMERSET AT LAUDERDALE LA have averaged about $64 per square foot.

What is the median asking price at SOMERSET AT LAUDERDALE LA?

The median list price of active units for sale at SOMERSET AT LAUDERDALE LA is $110K.

How many condos are for sale at SOMERSET AT LAUDERDALE LA right now?

There are currently 6 active units for sale at SOMERSET AT LAUDERDALE LA.

What is SOMERSET AT LAUDERDALE LA's CI Score?

SOMERSET AT LAUDERDALE LA has a CI Score of 51 out of 100, a proprietary investment rating explained on our methodology page. How the CI Score works →

Get Market Updates

SOMERSET AT LAUDERDALE LA

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Active Agents

Brokerages

Photos

More in Lauderdale Lakes