1395 Rainbow Rd, Tallahassee, FL 32305

--beds

--baths

1.44Acres

Unimproved Land

Built in ----

1.44 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Lot ready for mobile home or new build today. Build your dream home or develop two residential homes on this rare 1.44 acre property. The land already includes septic, electricity access, and public water connection. The property has road frontage on both Rainbow Road and Success Way. Located in an established neighborhood with quick access to downtown Tallahassee, this property offers a unique opportunity for homeowners, builders, or investors.

63 days

39

2

Facts & features

Property

Lot

Size: 1.44 Acres
Features: 1 or More Acres, Corner Lot, Level
Topography: Cleared,Level
Residential vegetation: Grassed

Details

Additional structures: None
Parcel number: 4123150000420
Special conditions: Standard

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Available, Phone Available, Septic Available, Water Available

Community & HOA

Community

Subdivision: SUB OF 25 AC TRACT

Location

Region: Tallahassee

Financial & listing details

Tax assessed value: $30,300
Annual tax amount: $448
Date on market: 5/17/2026
Cumulative days on market: 83 days
Listing terms: Cash,Conventional,FHA
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/16/2026	Contingent	$70,000
Source: TBR #400024 Report a problem
6/5/2026	Listed for sale	$70,000
Source: TBR #400024 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$448 -0.1%	$30,300
2024	$449 -23.8%	$30,300 -23.4%
2023	$590 -8.7%	$39,566 +4.7%
2022	$646 -0.5%	$37,775 +2.2%
2021	$649 +1.1%	$36,974 -0.6%
2020	$642 -1.7%	$37,204 -0.6%
2019	$653	$37,434 -1%
2018	$653 -1.9%	$37,810 -0.6%
2017	$665 -9%	$38,044 -1.2%
2016	$731	$38,514 -1%
2015	$731	$38,897 -1.4%
2014	$731	$39,442 -1.2%
2013	--	$39,911 -1.1%
2012	--	$40,349 -10.4%
2011	--	$45,028 +15.8%
2010	--	$38,880 +2.7%
2009	--	$37,858 +0.1%
2008	--	$37,820 -36%
2007	--	$59,061 +48.3%
2006	--	$39,823 +15.1%
2005	--	$34,585
2004	--	$34,585 -11.3%
2003	--	$38,980 +18.2%
2002	--	$32,989 +6.7%
2001	--	$30,921
2000	$116	$30,921

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

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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