Melrose Park Sec 7 Homes for Sale

Melrose Park Sec 7 is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $530,000 to $595,000. Homes were built between 1956 and 1961. Pure Equity lists homes in Melrose Park Sec 7 and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Melrose Park Sec 7 and the Fort Lauderdale area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Melrose Park Sec 7 Fort Lauderdale homes for sale as of October 2026. The median asking price is $574,000. Asking prices run from $545,000 to $604,000.

That is 17% below the Fort Lauderdale median of $694,000. On a per-foot basis, homes here ask about $318 per square foot, compared with $467 across Fort Lauderdale. So the median price buys roughly 1,800 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 41 days on the market. That is faster than the Fort Lauderdale average of 145 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Melrose Park Sec 7 date from 1956 to 1961. That puts them between 65 and 70 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in Melrose Park Sec 7 have a median asking rent of $3,250 per month, across 1 active rental listing. For comparison, the Fort Lauderdale median is $2,700, so rents here run 20% higher.

You can browse current Fort Lauderdale rentals or ask us for a rent estimate on a specific Melrose Park Sec 7 home.

Here is what the median Melrose Park Sec 7 price means in Florida closing terms. At $574,000, a 20% down payment comes to about $115,000, leaving a loan near $460,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,608. Next, the intangible tax of 0.2% adds about $919. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Melrose Park Sec 7 median, that is about $4,021.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Melrose Park Sec 7 listings show assignments to Westwood Heights (elementary), Parkway (middle) and South Plantation (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.