For sale

$395,000

1211 Rainbow Rd SE, Palm Bay, FL 32909

3beds

1,484sqft

$2,541/mo

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Single Family Residence

Built in 1992

0.54 Acres Lot

$-- Zestimate^®

$266/sqft

$-- HOA

What's special

Backyard deckLaundry room in houseDouble lot

Well cared for updated 3 bedroom/2 bath block home! City water is available to hook up to - Buyers responsibility to find out the details. Roof, AC new in 2024, septic pumped in Dec 2025. Property is a double lot so room to park your RV, truck, boats, etc.! Granite countertops in the Kitchen, bathrooms were updated! Laundry Room in house! Washer/Dryer stay! Large Florida Room (under air!) and Backyard Deck! Gutters have a Leaf Filter system! Selling As-Is, Inspections Welcomed!

58 days

145

11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Laundry: In Unit

Features

Ceiling Fan(s), Eat-in Kitchen, Pantry, Primary Bathroom - Shower No Tub
Flooring: Laminate, Tile
Has fireplace: No

Interior area

Total structure area: 2,310
Total interior livable area: 1,484 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Garage, Garage Door Opener
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Deck
Exterior features: Other

Lot

Size: 0.54 Acres
Features: Corner Lot, Other

Details

Additional parcels included: 2933411
Parcel number: 293716Gp00756.00007.00
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block, Stucco
Roof: Shingle

Condition

Updated/Remodeled
New construction: No
Year built: 1992

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected, Water Available

Community & HOA

Community

Subdivision: Port Malabar Unit 16

HOA

Has HOA: No

Location

Region: Palm Bay

Financial & listing details

Price per square foot: $266/sqft
Tax assessed value: $282,950
Annual tax amount: $5,138
Date on market: 6/11/2026
Listing terms: Cash,Conventional
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/11/2026	Listed for sale	$395,000+102.6%$266/sqft
Source: Space Coast AOR #1079781 Report a problem
12/18/2018	Sold	$195,000-2.5%$131/sqft
Source: Space Coast AOR #830932 Report a problem
12/4/2018	Pending sale	$199,900$135/sqft
Source: RE/MAX Aerospace Realty #830932 Report a problem
12/1/2018	Listed for sale	$199,900+151.4%$135/sqft
Source: RE/MAX Aerospace Realty #830932 Report a problem
8/16/2013	Sold	$79,500-5.2%$54/sqft
Source: Space Coast AOR #670520 Report a problem
6/14/2013	Listed for sale	$83,900-37.9%$57/sqft
Source: MWB Real Estate Venture, Inc. dba Tropic Coast Realty #670520 Report a problem
12/1/2003	Sold	$135,000$91/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,139 +5.3%	$282,950
2024	$4,881 +5.5%	$282,950 +2.4%
2023	$4,626 +11%	$276,380 +13.2%
2022	$4,169 +8.4%	$244,090 +29%
2021	$3,847 +8%	$189,160 +7.8%
2020	$3,562 -8.3%	$175,410 -1.2%
2019	$3,885	$177,490 +122.6%
2018	$3,885 +288.5%	$79,750 +2.1%
2017	$1,000 -1%	$78,110 +2.1%
2016	$1,010 +22.5%	$76,510 +0.7%
2015	$825 -1.2%	$75,980 +0.8%
2014	$835	$75,380 +6.6%
2013	--	$70,710 +6.3%
2012	$1,603 -2%	$66,530 -1.9%
2011	$1,635 -14.8%	$67,810 -23.8%
2010	$1,918 -12.5%	$89,040 -18%
2009	$2,191 -14.2%	$108,610 -20.1%
2008	$2,555 -21.8%	$136,000 -20.5%
2007	$3,268 +11.5%	$171,000 +14.1%
2005	$2,931 +33.4%	$149,830 +43.4%
2004	$2,197 +110.3%	$104,490 +26.7%
2003	$1,045 +3.4%	$82,500 +7.9%
2002	$1,011 +3.1%	$76,460 +5.5%
2001	$980 +7%	$72,440 +8.7%
2000	$916	$66,650

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 32909

Getting around

2 / 100

Car-Dependent

26 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Columbia Elementary School
Grades: PK-6Distance: 0.6 mi
3/10
Southwest Middle School
Grades: 7-8Distance: 2.5 mi
3/10
Bayside High School
Grades: 9-12Distance: 2.3 mi

Schools provided by the listing agent

Elementary: Columbia
Middle: Southwest
High: Bayside

Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.