Under contract-accepting backup offers. Welcome to 5328 Rainbow Drive in Temple Terrace—a charming 3-bedroom, 2-bath home that blends timeless character with thoughtful updates. Situated on a spacious corner lot, this home offers a bright and functional layout featuring a functioning kitchen with solid wood cabinetry, ample counter space, and an inviting eat-in dining area. The expansive bonus/family room showcases a cozy wood-burning fireplace creating the perfect space for entertaining or relaxing. Property is currently updated with new paint inside out, new appliances, updated bathroom and all. The bedrooms feature classic terrazzo flooring, while the updated bathrooms add modern comfort without sacrificing charm. Outside, enjoy multiple patio areas, plenty of yard space, and room for gatherings, gardening, or pets. A large utility room provides additional storage and convenience, and the attached garage offers even more functionality. Conveniently located just minutes from shopping, dining, USF, Busch Gardens, major highways, and downtown Tampa, this home combines comfort, character, and an unbeatable location. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this Temple Terrace gem is one you won't want to miss!
Accepting backups
$299,000
5328 RAINBOW DRIVE, TEMPLE TERRACE, FL 33617
3beds
1,347sqft
Single Family Residence
Built in 1956
6,750 Square Feet Lot
$297,500 Zestimate®
$222/sqft
$-- HOA
What's special
Multiple patio areasBright and functional layoutSpacious corner lotCozy wood-burning fireplaceInviting eat-in dining areaAmple counter spacePlenty of yard space
- 22 days
- 503
- 46
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Julie Phan, LLC 319-400-8848,
LPT REALTY, LLC 877-366-2213
Source: Stellar MLS,MLS#: TB8536280
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Utility Room
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 90 Square Feet
- Dimensions: 9x10
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 110 Square Feet
- Dimensions: 10x11
Primary bathroom
- Features: Shower No Tub
- Level: First
Bonus room
- Features: Built-in Closet
- Level: First
- Area: 160 Square Feet
- Dimensions: 8x20
Kitchen
- Level: First
- Area: 162 Square Feet
- Dimensions: 9x18
Living room
- Level: First
- Area: 264 Square Feet
- Dimensions: 12x22
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Laundry: Other
Features
- Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets
- Flooring: Ceramic Tile, Epoxy, Terrazzo
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,551
- Total interior livable area: 1,347 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Exterior features: Rain Gutters
Lot
- Size: 6,750 Square Feet
- Features: Corner Lot
Details
- Parcel number: T22281955R00000700006.0
- Zoning: R-10
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Other
- Water: Public
- Utilities for property: Electricity Connected, Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: GRANDVIEW ACRES UNIT 02
HOA
- Has HOA: No
Location
- Region: Temple Terrace
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $177,294
- Annual tax amount: $1,029
- Date on market: 8/10/2026
- Cumulative days on market: 19 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Other
Estimated market value
$297,500
$283,000 - $312,000
$2,119/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $299,000+216.4%$222/sqft |
Source: | ||
| 3/5/2015 | Sold | $94,500-19.2%$70/sqft |
Source: Public Record Report a problem | ||
| 1/19/2015 | Listed for sale | $117,000+46.3%$87/sqft |
Source: RE/MAX Premier Group #T2735562 Report a problem | ||
| 1/19/2015 | Listing removed | $1,150$1/sqft |
Source: RE/MAX Florida #T2725896 Report a problem | ||
| 12/4/2014 | Price change | $1,150-8%$1/sqft |
Source: RE/MAX PREMIER GROUP #T2725896 Report a problem | ||
| 11/12/2014 | Sold | $80,000-16.6%$59/sqft |
Source: Public Record Report a problem | ||
| 11/11/2014 | Listed for rent | $1,250$1/sqft |
Source: RE/MAX PREMIER GROUP #T2725896 Report a problem | ||
| 10/26/2014 | Listed for sale | $95,900$71/sqft |
Source: Charles Rutenberg Realty Inc #T2723168 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,073 +10.7% | $97,298 +2.9% |
| 2024 | $969 +4.9% | $94,556 +3% |
| 2023 | $924 +5% | $91,802 +3% |
| 2022 | $881 +2.6% | $89,128 +3% |
| 2021 | $859 +1.8% | $86,532 +1.4% |
| 2020 | $843 +3.4% | $85,337 +2.3% |
| 2019 | $816 | $83,418 +1.9% |
| 2018 | $816 +1.7% | $81,863 -5.8% |
| 2017 | $802 +1.4% | $86,918 +10.7% |
| 2016 | $791 +1.2% | $78,530 +14.5% |
| 2015 | $781 +27.8% | $68,564 +10.7% |
| 2014 | $611 | $61,944 +1.5% |
| 2013 | $611 -1.5% | $61,029 +1.7% |
| 2012 | $621 -6.6% | $60,009 -9.4% |
| 2011 | $665 +3.3% | $66,256 +1.5% |
| 2010 | $644 +4.1% | $65,277 +2.7% |
| 2009 | $619 +2.4% | $63,561 +0.1% |
| 2008 | $604 -16.8% | $63,498 +2.5% |
| 2007 | $725 -3.6% | $61,920 +2.5% |
| 2006 | $752 +2.4% | $60,410 +3% |
| 2005 | $734 | $58,650 +3% |
| 2004 | -- | $56,942 +1.9% |
| 2003 | -- | $55,880 +2.4% |
| 2002 | -- | $54,570 +1.6% |
| 2001 | -- | $53,711 -4.3% |
| 2000 | $631 | $56,137 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33617
Nearby schools
Schools provided by the listing agent
- Elementary: Lewis-HB
- Middle: Greco-HB
- High: King-HB
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







