1261 Rainbow Road
Palm Bay, FL 32909
4
Bed
2
Bath
1,830Sqft
0.24Acre(Lot)
VA Assumable Loan with an incredible 2.7% interest rate for qualified buyers! This is your opportunity to own a beautifully maintained, only a few years young 4-bedroom, 2-bath home while enjoying substantial monthly savings. The low assumable interest rate paired with owned solar panels means lower mortgage payments and reduced electric bills, making this home an incredible long-term investment. Inside, you'll find an open-concept floor plan, spacious living areas, and a split-bedroom layout. The oversized primary suite features a large walk-in closet that won't disappoint. Step outside to a fully fenced backyard backing to a peaceful preserve with no rear neighbors, offering privacy and beautiful natural views. Conveniently located near shopping, dining, schools, parks, and major roadway
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 4Bathroom Information
Total Baths: 2 Full Baths: 2Water/Sewer
Sewer: Septic TankRoom Information
Other Rooms: 1 -
Flooring Information
Carpet, Tile -
Interior Features
Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Split Bedrooms, Walk-In Closet(s) Appliances: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Ice Maker, Refrigerator Laundry Features: Electric Dryer Hookup, Washer Hookup -
Heating & Cooling
Heating: Central Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 2021 Construction Materials: Block, Concrete, Stucco -
Exterior Features
Storm ShuttersPorch: Patio -
Fencing
Back Yard, Other -
Laundry Features
Electric Dryer Hookup, Washer HookupPatio And Porch
PatioFencing
Back Yard, Other
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Lot Information
Lot Description: Many Trees, Wooded Lot Size Area: 0.24 Acres Lot Square Feet: 10,454 Stories: 1 Main Square Feet: 1830Property Information
Property Type: Residential Sub Type: Single Family Residence Style: Traditional, Mid-Century Modern SQ ft (Living Area): 1,830 Subdivision: None MLS Area Minor: 343 - SE Palm Bay Source Neighborhood: None Construction Materials: Block, Concrete, Stucco Property Age: 5
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Listing Price Information
Listing Id: 1083299 ist Price: $349,900 List Price Tot SqFt: $191 Listing Terms Assumable, Cash, Conventional, FHA, VA Loan -
Listing Information
Possession: Close Of Escrow
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Tax Information
Parcel Number: 29-37-16-Gp-00756.0-0002.00 Annual Tax: $4,359 Tax Year: 2025 Taxes: PORT MALABAR UNIT 16 LOT 2 BLK 756
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Virtual Tour
Parking Information
# of Garage Spaces: 2 Has Garage: Yes Garage
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School Information
Elementary School: ColumbiaElementary School District:Junior High School: SouthwestSenior High School: Bayside -
Utility Information
Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected -
Location Information
Direction: From I-95, take Exit 173 for Malabar Road and head east. Turn right onto San Filippo Drive SE, then left onto Waco Boulevard SE. Turn right onto Rainbow Road SE. The property will be on your right at 1261 Rainbow Road SE, Palm Bay, FL 32909.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1150 SE Tarleton St, Palm Bay, FL, 32909 | $365,900 | 4 | 3 | 1,623 | 1,623 SqFt |
| 689 Caballero Avenue, Palm Bay, FL, 32909 | $249,900 | 3 | 1 | 950 | 950 SqFt |
| 1420 Dittmer Circle, Palm Bay, FL, 32909 | $298,500 | 3 | 2 | 1,260 | 1,260 SqFt |
| 446 Glaspell Circle, Palm Bay, FL, 32909 | $699,000 | 5 | 5 | 3,203 | 3,203 SqFt |
| 167 Deer Run Road, Palm Bay, FL, 32909 | $625,000 | 4 | 3 | 2,876 | 2,876 SqFt |
| 777 Indigo Street, Palm Bay, FL, 32909 | $410,000 | 4 | 3 | 2,338 | 2,338 SqFt |
| 3599 Grappler Circle, Palm Bay, FL, 32909 | $560,000 | 6 | 5 | 3,249 | 3,249 SqFt |
| 618 Kerrs Lane, Palm Bay, FL, 32909 | $500,000 | 4 | 3 | 3,100 | 3,100 SqFt |
| 2906 Herder Avenue, Palm Bay, FL, 32909 | $310,000 | 3 | 2 | 1,679 | 1,679 SqFt |
| 3631 Peony Court, Palm Bay, FL, 32909 | $335,000 | 4 | 2 | 1,846 | 1,846 SqFt |
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ByOwner last updated this listing 07/30/2026 @ 08:49
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