Melrose Park Airbnb Market Data

69.5/ 100#11 of 28 Fort Lauderdale neighborhoodsurban metro

Melrose Park is one of 28 neighborhoods in the Fort Lauderdale Airbnb market (13,352 active listings, $53,452 average annual revenue). Figures below are trailing twelve months for entire-home rentals, benchmarked against the city average. Check the Fort Lauderdale short-term rental regulations before underwriting, since rules differ by jurisdiction.

Avg Annual Revenue
$47,105-12% vs city
per STR listing (AirDNA)
Average Daily Rate
$252-4% vs city
entire-place listings
Occupancy
63%+1% vs city
trailing 12 months
RevPAR
$129-22% vs city
revenue per available night
Median List Price
live MLS, in boundary
Price / Sqft
recent solds
Days on Market
recent solds
Active Listings
for sale now
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Melrose Park Performance Data

Live MLS trends inside the neighborhood boundary plus STR benchmarks against the rest of Fort Lauderdale.

Melrose Park vs Fort Lauderdale Average

Short-term rental performance compared to the citywide average (AirDNA, trailing 12 months)

Where Melrose Park Ranks

STR market score across all 28 Fort Lauderdale neighborhoods — Melrose Park highlighted

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The Surge Take: Melrose Park

Melrose Park scores 69.5/100 on Surge's STR market score, ranking #11 of 28 Fort Lauderdale-area submarkets we track. That's mid-pack for the Fort Lauderdale market: not a headline submarket, but often where value hides — mid-tier areas typically have lower acquisition costs and less STR competition than the trophy neighborhoods. The average listing here grosses $47,105/year — about 12% below the Fort Lauderdale metro average, so unit selection and design matter more than usual.

The revenue profile is a $252 average daily rate at 63% occupancy (RevPAR $129). That ADR sits at the premium end, which rewards larger, well-designed properties that photograph well and sleep groups. As an urban submarket, demand skews toward events, nightlife, and business travel — pricing and minimum-stay strategy matter.

Generated from live Surge market data: AirDNA performance metrics, MLS pricing inside the neighborhood boundary, and our jurisdiction-level regulation tracking. Not investment advice.

Fort Lauderdale STR Regulations

Regulatory environment for short-term rental investors

Moderate
Updated 2026-09-21

Fort Lauderdale allows short-term rentals throughout the city but runs one of Florida's most demanding registration programs. Every vacation rental needs a city Vacation Rental Certificate of Compliance with an inspection, a city Business Tax Receipt, and a Florida DBPR license, and Ordinance C-26-39 (September 15, 2026) set a $1,000 per day penalty for operating or advertising without a certificate. Neighboring Broward cities each run their own programs.

  • Every Florida vacation rental (a home, condo, or 1 to 4 unit dwelling rented more than three times a year for stays under 30 days, or advertised as regularly rented) must hold a Division of Hotels and Restaurants license from the Florida DBPR before operating.
  • Fees: $50 application (new or change of owner), $10 Hospitality Education Program fee, $170 per year for a single unit or $180 for a group of 2 to 25 units. Collective licenses run $150 plus $10 per unit.
  • This market is in DBPR District 2 (Fort Lauderdale), which renews annually on December 1.
  • DBPR inspections are complaint-driven rather than routine. Units must meet NFPA 101 life safety requirements, including smoke detectors in every unit, and buildings of three stories or more must file a balcony inspection certificate every three years.
  • Florida law (F.S. 509.032) preempts local governments from banning vacation rentals or regulating how often or how long they rent, unless the local rule was adopted on or before June 1, 2011. Registration, inspection, noise, parking, and trash rules remain local.

Source: Florida DBPR Division of Hotels and Restaurants / F.S. 509.032, 509.242

  • Every vacation rental must obtain a city Certificate of Compliance before it is rented or advertised. The initial application is $880 per folio and includes the first inspection.
  • Reinspections and inspector no-shows are $100 each; an agent transfer is $50.
  • Renewal is due August 1 each year: $650 for non-owner-occupied rentals, $200 for homesteaded properties. Certificates expire September 30. A $100 late fee applies, and a late renewal is treated as a new $880 application.
  • A city Business Tax Receipt ($157.50) and proof of Broward County Tourist Development Tax registration are part of the application.

Source: City of Fort Lauderdale Vacation Rentals / fortlauderdale.gov

  • Fort Lauderdale regulates vacation rentals through the certificate program rather than zoning restrictions, so registered rentals are allowed across the city's residential neighborhoods and the barrier island.
  • Condominium and HOA documents frequently impose 30-day or seasonal minimums on the beach and in Las Olas Isles; review them before purchasing.
  • Lauderdale-by-the-Sea, Pompano Beach, Hollywood, Wilton Manors, and Oakland Park are separate municipalities with their own programs. Lauderdale-by-the-Sea requires its own annual certificate and inspection and enforces a 7-night minimum stay.
  • Florida state sales tax on transient rentals: 6%.
  • Broward County discretionary sales surtax: 1%.
  • Broward County Tourist Development Tax: 6%, collected by the county.
  • Airbnb collects and remits the state tax and surtax on Florida bookings; confirm TDT remittance for each platform and keep the county account current, since proof of registration is part of the city application.

Source: FL DOR DR-15TDT and DR-15DSS

  • Operating or advertising a vacation rental without a valid Certificate of Compliance: $1,000 per day.
  • Operating on an expired certificate: $250 per day, escalating to $1,000 per day.
  • Third violation: 180-day suspension. Fourth violation: 365-day suspension.
  • Owners who filed a timely renewal are protected if the delay is the city's fault.

Source: City of Fort Lauderdale Ordinance C-26-39 (adopted September 15, 2026)

  • Barrier island and canal-front properties typically require windstorm and flood insurance in addition to standard hazard coverage; budget these into underwriting.
  • Standard homeowner's policies typically exclude commercial rental activity, so dedicated short-term rental insurance is recommended.

Key Takeaways for Investors

STRs allowed citywide, but every unit needs a city Certificate of Compliance ($880 initial, inspection included)
Renew by Aug 1 ($650 non-owner-occupied / $200 homestead); certificates expire Sept 30
Florida DBPR license required ($170/yr single unit, District 2 renews Dec 1)
13% combined lodging tax (6% state + 1% surtax + 6% Broward TDT)
$1,000/day penalty for unregistered operation or advertising since Sept 2026
Each Broward city has its own program; Lauderdale-by-the-Sea enforces a 7-night minimum

This information is provided for general guidance only and does not constitute legal or tax advice. Regulations can change. Always verify current requirements with local authorities and consult a qualified attorney or CPA before making investment decisions.

Melrose Park STR Investment FAQ

Is Melrose Park a good area for Airbnb investment?

Melrose Park ranks #11 of 28 Fort Lauderdale neighborhoods with an STR market score of 69.5/100. Short-term rentals here earn an average of $47,105/year at a $252 average daily rate and 63% occupancy.

How much do Airbnbs make in Melrose Park, Fort Lauderdale?

The average short-term rental in Melrose Park generates $47,105 in annual revenue, with an average daily rate of $252 and RevPAR of $129. Individual results vary by property size, quality, and management.

What does it cost to buy an investment property in Melrose Park?

Live MLS pricing for Melrose Park is shown above, sourced directly from the MLS and updated continuously. Compare the median price against average STR revenue of $47,105/year to estimate gross yield.

What short-term rental rules apply in Melrose Park?

Melrose Park follows City of Fort Lauderdale short-term rental regulations — see the regulations section on this page for the current requirements, taxes, and any zoning restrictions that may apply.

More Fort Lauderdale Neighborhoods

Compare Melrose Park against other top-ranked Fort Lauderdale STR submarkets.

Deep Market Analytics

Granular STR performance data, competitive landscape, and demand forecasts

Surge Market Intelligence

Monthly Revenue Seasonality

JanFebMarAprMayJunJulAugSepOctNovDec

19,468

Total Active STR Listings

14 days

Avg Booking Lead Time

3.2 nights

Avg Length of Stay

+12.3%

Supply Growth (YoY)

Revenue Distribution

Top 10%$72,000+
Top 25%$48,000+
Median$34,200
Bottom 25%$18,000

Competitive Landscape

Entire Home/Apt68%
Private Room28%
Shared Room4%
Superhost %24%

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