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Pet FriendlyFeaturing a prime location, this property offers wood flooring, ample storage space, and custom-built cabinetry complemented by brand-new stainless steel appliances. With extensive visual representation through 46 photos, it demonstrates excellent value, ranking in the 88.81 percentile for overall value and the 93.28 percentile for value per square foot relative to nearby listings. Additionally, convenient access to grocery stores enhances its appeal.
Things you’ll love
More spaceLess expensiveImages AvailableGreat for
Pet ownersApartment Amenities
| Hardwood Floor |
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Welcome home to this beautifully updated 3-bedroom, 1-bath main house—spacious, modern, and ready for immediate move-in! Enjoy the comfort of a well-maintained home nestled in a peaceful setting. The interior features an extra-large eat-in kitchen with custom-built cabinetry, Corian countertops, and brand-new stainless steel appliances. Gorgeous wood flooring runs throughout, complemented by ample storage space. A separate, privately accessed efficiency located at the rear of the property is occupied by the owner, ensuring the main house remains fully private for tenants. Tenants will enjoy exclusive use of the front yard—a perfect outdoor space for relaxing and unwinding. Nestled in a prime location, within close proximity to the beaches, just 3 miles from Las Olas Boulevard, Riverwalk/New River, the Broward Center for the Performing Arts, the historic Stranahan House Museum, Museum of Discovery & Science and so much more. A must-see! Please see Broker remarks for what is needed
How 550 Sw 38th Ter #550 compares to other nearby properties.
Positives
| Neighborhood | Melrose Park |
|---|---|
| Zip code | 33312 |
| Type | Apartment for rent |
Lakes Of Newport • 7350 Nw 4th St
3 Beds
$2,545–$4,867
6351 Palm Trace Landings Dr
3 Beds
$2,550–$4,514
Melrose Park • 381 Carolina Ave
3 Beds
$2,410
Lauderdale Manors • 1608 Nw 16th St
3 Beds
$2,755
Lakes Of Newport • 7350 Nw 4th St
3 Beds
$2,545–$4,867
6351 Palm Trace Landings Dr
3 Beds
$2,550–$4,514
Melrose Park • 381 Carolina Ave
3 Beds
$2,410
Lauderdale Manors • 1608 Nw 16th St
3 Beds
$2,755
3-bedroom apartments at 550 Sw 38th Ter #550 cost about 5% less than the average rent price for 3-bedroom apartments in Fort Lauderdale.
| Month | Median Rent |
|---|---|
| July 2024 | $4,250 |
| August 2024 | $4,348 |
| September 2024 | $4,500 |
| October 2024 | $4,393 |
| November 2024 | $4,130 |
| December 2024 | $4,000 |
| January 2025 | $4,012 |
| February 2025 | $4,012 |
| March 2025 | $3,672 |
| April 2025 | $3,753 |
| May 2025 | $3,759 |
| June 2025 | $3,687 |
| July 2025 | $3,879 |
| August 2025 | $3,785 |
| September 2025 | $3,790 |
| October 2025 | $3,757 |
| November 2025 | $3,701 |
| December 2025 | $3,663 |
| January 2026 | $3,732 |
| February 2026 | $3,658 |
| March 2026 | $3,949 |
| April 2026 | $4,500 |
| May 2026 | $4,500 |
| June 2026 | $4,622 |
| Month | Median Rent |
|---|---|
| July 2024 | $4,312 |
| August 2024 | $3,810 |
| September 2024 | $2,910 |
| October 2024 | $2,563 |
| November 2024 | $2,150 |
| December 2024 | $2,150 |
| January 2025 | $2,385 |
| February 2025 | $2,745 |
| March 2025 | $2,561 |
| April 2025 | $3,223 |
| May 2025 | $3,175 |
| June 2025 | $3,137 |
| July 2025 | $3,178 |
| August 2025 | $2,949 |
| September 2025 | $2,807 |
| October 2025 | $2,636 |
| November 2025 | $2,645 |
| December 2025 | $2,668 |
| January 2026 | $3,150 |
| February 2026 | $3,414 |
| March 2026 | $3,612 |
| April 2026 | $3,147 |
| May 2026 | $2,897 |
| June 2026 | $2,828 |
| 4 months ago | $2,650 |
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