Updated 2 Days Ago
Highlights
- Custom cabinetry
- Ample storage
- Wood flooring throughout
- New stainless-steel appliances
- Generous eat-in kitchen
Location
550 Sw 38th Ter #0, Fort Lauderdale, FL 33312, USA|Melrose Park
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Dishwasher
Great for
Pet owners
Amenities for 550 Sw 38th Ter #0, Melrose Park
Features
| Ceiling Fan | Central Air |
| Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: CBS | Roof Type: Shingle |
Grounds
| 2 Parking Spaces | Storage |
Other
| Ceiling Fans | Exterior Type: Stucco |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 550 Sw 38th Ter #0
Property Status: Active Spacious and well-maintained 3-bedroom, 1-bathroom main residence offering comfortable living and a convenient Fort Lauderdale location. The property also includes a separate rear efficiency that is currently occupied and has its own private entrance. The two living spaces do not share interior areas. Inside the main home, you'll find a generous eat-in kitchen with custom cabinetry, Corian countertops, and new stainless-steel appliances. Wood flooring throughout adds warmth and character, while ample storage and a practical floor plan provide everyday functionality. Enjoy easy access to Fort Lauderdale's beaches and popular destinations, including Las Olas Boulevard, Riverwalk/New River, the Broward Center for the Performing Arts, Stranahan House, the Museum of Discovery & Science, and more. A great opportunity for tenants looking for a comfortable home in a convenient Fort Lauderdale location. Electricity is included in the monthly rent. Office Phone: (954) 306-8607 Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 550 Southwest 38th Terrace, Fort Lauderdale, FL 33312, USA compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 888 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
Address details
| Neighborhood | Melrose Park |
|---|---|
| Zip code | 33312 |
| Type | House for rent |
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Rent trends in Melrose Park
3-bedroom apartments at 550 Sw 38th Ter #0 cost about 11% more than the average rent price for 3-bedroom apartments in Fort Lauderdale.
Median rents as of Aug 15 2026.
Melrose Park
Fort Lauderdale
| Month | Median Rent |
|---|---|
| August 2024 | $4,400 |
| 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 | $4,654 |
| July 2026 | $4,500 |
| August 2026 | $4,476 |
| Month | Median Rent |
|---|---|
| August 2024 | $3,250 |
| 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 | $2,788 |
| July 2026 | $2,962 |
| August 2026 | $2,814 |
Affordability calculator
Can I afford to live at 550 Sw 38th Ter #0?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$116,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $116,000 annually to afford this 3-bedrooms monthly rent price of $2,900.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $2,650 | 3 bed | 1 bath | ||
| 7 months ago | $2,450 | 3 bed | 1 bath |
Schools near 550 Sw 38th Ter #0
Pine Ridge Alternative Center
1251 sw 42nd ave
fort lauderdale, FL, 33317
K-12Public
Ann Storck Center
1790 sw 43rd way
ft lauderdale, FL, 33317
PKPublic
UCP Early Beginnings
3117 sw 13th ct
ft lauderdale, FL, 33312
PKPublic
Westwood Heights Elementary School
2861 sw 9th st
fort lauderdale, FL, 33312
PK, K-5Public
C
Wingate Oaks Center
1211 nw 33rd ter
fort lauderdale, FL, 33311
PK, K-12Public
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Internet available near 550 Sw 38th Ter #0
Neighborhood
Melrose Park | Fort Lauderdale, FL
Getting around Fort Lauderdale near 550 Sw 38th Ter #0
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 550 Sw 38th Ter #0, Fort Lauderdale
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Other units at this address
550 Southwest 38th Terrace, Fort Lauderdale, FL
550 Southwest 38th Terrace Fort Lauderdale, FL
Occupied
550
3 Beds
1 Bath
$2,650
Hardwood Floor
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