For sale

$539,900

1965 RAINBOW DRIVE, CLEARWATER, FL 33765

4beds

3baths

2,199sqft

$3,688/mo

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Triplex, Multi Family

Built in 1953

-- sqft lot

$526,500 Zestimate^®

$246/sqft

$-- HOA

What's special

Private fenced yard

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.

180 days

209

11

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

View 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: 40 days
Ownership: Fee Simple
Total actual rent: 0
Road surface type: Asphalt

Estimated market value

$526,500

$500,000 - $553,000

$2,127/mo

Price history

Date	Event	Price
3/30/2026	Listed for sale	$539,900$246/sqft
Source: Stellar MLS #TB8477779 Report a problem
3/23/2026	Pending sale	$539,900$246/sqft
Source: Stellar MLS #TB8477779 Report a problem
2/25/2026	Listed for sale	$539,900+229.2%$246/sqft
Source: Stellar MLS #TB8477779 Report a problem
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
2025	$7,233 +9%	$361,072 +10%
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