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Houses in Fort LauderdaleMelrose Park 550 Southwest 38th Terrace #0, Fort Lauderdale, Florida 33312, United StatesProperty Status: Active 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****** Office Phone: (305) 405-0615 Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 550 Southwest 38th Terrace #0 compares to other nearby properties.
Positives
| Neighborhood | Melrose Park |
|---|---|
| Zip code | 33312 |
| Type | House for rent |
3-bedroom apartments at 550 Southwest 38th Terrace #0 cost about 0% more than the average rent price for 3-bedroom apartments in Fort Lauderdale.
| Month | Median Rent |
|---|---|
| December 2023 | $4,043 |
| January 2024 | $4,162 |
| February 2024 | $3,917 |
| March 2024 | $4,000 |
| April 2024 | $4,286 |
| May 2024 | $4,399 |
| June 2024 | $4,420 |
| 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 | $3,726 |
| Month | Median Rent |
|---|---|
| December 2023 | $4,000 |
| January 2024 | $4,000 |
| February 2024 | $3,423 |
| March 2024 | $3,282 |
| April 2024 | $3,337 |
| May 2024 | $3,633 |
| June 2024 | $4,320 |
| 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 | $2,644 |
Can I afford to live at 550 Southwest 38th Terrace #0?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$106,000/yr
1251 sw 42nd ave
fort lauderdale, FL, 33317
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1211 nw 33rd ter
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Melrose Park | Fort Lauderdale, FL
Lakes Of Newport • 7350 Northwest 4th Street
2–3 Beds
$2,453–$4,389
Pembroke Falls • 250 Northwest 130th Avenue
2–3 Beds
$2,205–$3,599
3991 Northwest 82nd Way
2 Beds
$2,900–$3,255
Flagler Heights • 673 Northeast 3rd Avenue
2 Beds
$2,601–$3,090
Lakes Of Newport • 7350 Northwest 4th Street
2–3 Beds
$2,453–$4,389
Pembroke Falls • 250 Northwest 130th Avenue
2–3 Beds
$2,205–$3,599
3991 Northwest 82nd Way
2 Beds
$2,900–$3,255
Flagler Heights • 673 Northeast 3rd Avenue
2 Beds
$2,601–$3,090
