Excellent triplex investment oppunity in Clearwater FL. This income producing property consists of three separately rented units located at 1965 Rainbow Dr and 301 Aurora Ave. offering a total of 4 bedrooms 3 bathrooms and approximately 2380 sq ft combined. Each unit has its separate entrance. Private fenced yard. Located in an established residential neighborhood with convenient access to major roads, shopping, dining, and Clearwater amentities.
For sale
$539,900
1965 Rainbow Dr, Clearwater, FL 33765
4beds
3baths
2,199sqft
Triplex, Multi Family
Built in 1953
-- sqft lot
$524,600 Zestimate®
$246/sqft
$-- HOA
What's special
Private fenced yard
- 131 days |
- 146 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Ray Cassano 727-642-8805,
STATION SQUARE REALTY LLC 727-642-8805
Source: Stellar MLS,MLS#: TB8477779
Originating MLS: Suncoast Tampa

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Electric
Cooling
- Central Air
Appliances
- Laundry: Outside
Features
- Ceiling Fan(s)
- Has fireplace: No
Interior area
- Total interior livable area: 2,199 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Lot
- Size: 0.25 Acres
- Dimensions: 88 x 125
Details
- Additional structures: Outbuilding
- Additional parcels included: 13-29-15-82494-003-0009
- Parcel number: 132915824940030010
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Block
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Fire Hydrant
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: SKY CREST UNIT 7
HOA
- Has HOA: No
Location
- Region: Clearwater
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $400,000
- Annual tax amount: $7,232
- Date on market: 2/25/2026
- Cumulative days on market: 125 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
$524,600
$498,000 - $551,000
$1,946/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Listed for sale | $539,900$246/sqft |
Source: | ||
| 3/23/2026 | Pending sale | $539,900$246/sqft |
Source: | ||
| 2/25/2026 | Listed for sale | $539,900+229.2%$246/sqft |
Source: | ||
| 2/28/2019 | Listing removed | $1,150$1/sqft |
Source: LYRIC REALTY GROUP, INC. #T3157944 Report a problem | ||
| 2/19/2019 | Listed for rent | $1,150+9.5%$1/sqft |
Source: LYRIC REALTY GROUP, INC. #T3157944 Report a problem | ||
| 3/3/2016 | Listing removed | $1,050 |
Source: Lyric Realty Group, Inc Report a problem | ||
| 2/1/2016 | Listed for rent | $1,050 |
Source: Lyric Realty Group, Inc Report a problem | ||
| 9/30/2015 | Sold | $164,000-3%$75/sqft |
Source: Stellar MLS #T2758491 Report a problem | ||
| 8/11/2015 | Pending sale | $169,000$77/sqft |
Source: Owner Report a problem | ||
| 8/11/2015 | Price change | $169,000-5.6%$77/sqft |
Source: Owner Report a problem | ||
| 7/20/2015 | Pending sale | $179,000$81/sqft |
Source: Owner Report a problem | ||
| 6/11/2015 | Price change | $179,000-5.3%$81/sqft |
Source: Owner Report a problem | ||
| 4/10/2015 | Listed for sale | $189,000+64.3%$86/sqft |
Source: Owner Report a problem | ||
| 9/13/2000 | Sold | $115,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,637 +8.5% | $328,247 +10% |
| 2023 | $6,118 +10.8% | $298,406 +10% |
| 2022 | $5,521 +5.5% | $271,278 +10% |
| 2021 | $5,234 +13.4% | $246,616 +10% |
| 2020 | $4,615 +37.5% | $224,196 +38.6% |
| 2019 | $3,358 | $161,756 +56.4% |
| 2018 | $3,358 +55.2% | $103,404 -16.9% |
| 2017 | $2,163 +10.2% | $124,498 +31.4% |
| 2016 | $1,963 +1.8% | $94,753 +4% |
| 2015 | $1,929 -1.4% | $91,126 -4.7% |
| 2014 | $1,956 +11.4% | $95,657 +17.1% |
| 2013 | $1,756 -6.8% | $81,707 -7% |
| 2012 | $1,884 | $87,885 +10.4% |
| 2011 | -- | $79,629 -19.2% |
| 2010 | -- | $98,600 -21.6% |
| 2009 | -- | $125,794 -15.2% |
| 2008 | $3,021 | $148,400 -20.1% |
| 2007 | -- | $185,800 +26.5% |
| 2005 | -- | $146,900 +4.9% |
| 2004 | $3,218 +8.1% | $140,100 +8.7% |
| 2003 | $2,976 +50.3% | $128,900 +26% |
| 2002 | $1,979 | $102,300 +19.4% |
| 2001 | $1,979 +21.4% | $85,700 +20.9% |
| 2000 | $1,630 | $70,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Skycrest
Nearby schools
GreatSchools rating
- 8/10Skycrest Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Oak Grove Middle SchoolGrades: 6-8Distance: 1.2 mi
- 5/10Clearwater High SchoolGrades: 9-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Pinellas County
- Clearwater
- 33765
- Skycrest
- 1965 Rainbow Dr








