4 months on rocket

1314 Rainbow Rd SE, Palm Bay, FL, 32909

$404,995

Home List Price

$4,809*

Closing Credit

4 Bedrooms
3 Full Baths
2,094 SqFt
$193/SqFt
House

Location

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1314 Rainbow Rd SE, Palm Bay$404,995

Buyer Closing Credits

$4,809*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year BuiltNew Const., 2025
HeatingElectric
CoolingCentral Air, Electric
MLS #1023244
Lot Size0.24 Acres
StatusActive

About 1314 Rainbow Rd SE

BRAND NEW WITH IN-LAW SUITE! We are building this Passionflower model just for you - featuring our Extra Suite Plus which offers a private living area, kitchenette, bedroom, bathroom and its own private entrance! This spacious open floor plan is upgraded to include vaulted ceilings, designer curated Loft Design Looks, 42'' cabinets, plank tile throughout (NO CARPET!), quartz island in the kitchen and quartz baths and tiled shower walls. Enjoy no maintenance new construction on City water. PLEASE CALL FOR AMAZING BUILDER INCENTIVES! Estimated delivery OCTOBER 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary,Ranch,Traditional
  • Year Built: 2025
  • Stories: 1
  • Living Area: 2,094 SqFt

Listing Office:

  • Office Name: K Hovnanian Florida Realty
  • Office Phone: (813) 830-2553
  • Listing Agent: Gretta Akellino, Deneen Mahoney PA

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Eat-in Kitchen, Guest Suite, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 1314 Rainbow Rd SE
Virtual Tour

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From Malabar Rd. go South on San Filippo to right on Valencia. to left on Shamrock. to Right onto Rainbow rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $404,995
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $171
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Bay, FL.

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Palm Bay, FL

City

Med. Sold Price

$330.1K

Med. Price/SqFt

$193

Avg. Days On Market

71

# of Sold Homes

174

1314 Rainbow Rd SE vs Palm Bay

122 DAYS ON ROCKET

+51 Days

$404,995

+$74.8K More

$193/SqFt

-$0 Less

KEY TAKEAWAY

This property is $74.8K more than the Median Sold Price and $0/SqFt less than other homes in Palm Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1023244

Listing Office:

  • Office Name: K Hovnanian Florida Realty
  • Office Phone: (813) 830-2553
  • Listing Agent: Gretta Akellino, Deneen Mahoney PA

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/27/2024, 11:51:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$171$11,000
2019$187$5,290
2018$180$7,200
2017$180$5,600

History based on county public records data.

Payment Calculator

$2,089

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,281

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1854473
6
/10

  • Odyssey Preparatory Charter Academy

  • 1350 Wyoming Dr SE

  • 0.52 miles

  • Public Charter Grades KG-6

school-card-donut-1854474
4
/10

  • Columbia Elementary School

  • 1225 Waco Blvd SE

  • 0.79 miles

  • Public District Grades PK-6

school-card-donut-1854475
7
/10

  • Westside Elementary School

  • 2175 Degroodt Rd SW

  • 2.55 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,118. The majority of Palm Bay, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1314 Rainbow Rd SE

What is the listing price of this property?

The listing price of 1314 Rainbow Rd SE property is $404,995.

What type of property is this?

The property 1314 Rainbow Rd SE is a house located in Palm Bay, Florida, 32909.

Is this property for sale now?

Active Listing: 1314 Rainbow Rd SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $171 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1314 Rainbow Rd SE has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1314 Rainbow Rd SE is 2,094 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1314 Rainbow Rd SE is 2025.

Rocket Homes›Florida›Brevard County›Palm Bay›32909›1314 Rainbow Rd SE

This home is located at 1314 Rainbow Rd SE in Palm Bay, FL and zip code 32909 in the Port Malabar neighborhood. This 2,094 square foot home, which was built in 2025, sits on a 0.24 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $404,995.

In November 2024 more than 11 listings in Palm Bay, FL were sold above the asking price. During the same period more than 78 listings were sold at asking price, while more than 85 were sold below. In November 2024 in Palm Bay, FL there were 5% more homes for sale than in October 2024. Listings spent 71 days on the market in November 2024, and had a median list price of $330,166 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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