MELROSE PARK SEC 7

620 SW 38th Terrace, Fort Lauderdale FL 33312

3 beds · 2 baths · 1,512 ft²

Closed

$295,000

Est. Payment $1,570/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,512

Sq. Ft.

1956

Year Built

1

Stories

1

Days on Market

Description

Investor Opportunity! This single-family home is currently under construction and available for purchase unfinished, allowing an investor to complete and customize the final details. Designed to be a 4-bedroom, 3-bathroom home with 2,755 sq. ft. total space and 2,185 sq. ft. of living area, this project offers significant upside potential. Building plans are included, providing a clear path to completion and maximizing the property's value.

Facts

MLS#
R11082375
Subdivision
MELROSE PARK SEC 7
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1956
Lot Size
7,405 ft²
Sq. Ft.
1,512 ft²
Sq. Mt.
140 m²
Price per sq. ft.
$195/ft²
Price per sq. mt.
$2,107/m²
Stories
1
Garage
—
Pool
—
Days on Market
1 day
Listed
Apr 17, 2025
Last Updated
Sep 10, 2026
Price/Lot Sq.Ft.
$40/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

28

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/10/2026Sold$295,000
4/17/2025Listed for sale$295,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

620 SW 38th Terrace, Fort Lauderdale FL 33312Directions

Estimated Monthly Payment

$1,966/mo

Principal & Interest

$1,570

Property Tax

$246

Insurance

$150

HOA

$0

20% ($59,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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