20 days on rocket

1837 Rainbow Ave, Sebring, FL, 33870

$36,500

0.52 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeDuplex
MLS #307382
Lot Size0.52 Acres
StatusActive

About 1837 Rainbow Ave

Attention Investors! With rising land improvement costs, this multifamily lot offers a cost-effective and time-saving opportunity. Spanning over half an acre and measuring 150 x 150, this partially cleared parcel is ideal for your next multifamily project—no septic system required! It has access to central water and sewer services. Don’t miss your chance to acquire this prime half-acre lot within the historic city limits of Sebring!

Property Details

Property Features

Listing Office:

  • Office Name: Hammock Realty
  • Office Phone: (863) 304-8795

Exterior Features

Exterior Information:

  • Exterior: None

Virtual/3D Tour

  • Virtual Tour: 1837 Rainbow Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot, Interior Lot
  • Lot Size: 0.52 Acres

Other

Directions Information:

  • Directions: FROM HWY 27 TO EAST ON LAKEVIEW DR TO RIGHT ON KENILWORTH BLVD TO RIGHT ON RAINBOW AVE TO PROPERTY ON THE RIGHT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $36,500

Tax Information:

  • Annual Amount: $159
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Sebring, FL.

Med. Sold Price

$269.2K

Med. Price/SqFt

$174

Avg. Days On Market

70

# of Sold Homes

101

1837 Rainbow Ave vs Sebring

20 DAYS ON ROCKET

-50 Days

$36,500

-$232.7K Less

KEY TAKEAWAY

This property is $232.7K less than the Median Sold Price in Sebring, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HeartlandFL
  • MLS Number: #307382

Listing Office:

  • Office Name: Hammock Realty
  • Office Phone: (863) 304-8795

Broker Reciprocity The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with a Broker Reciprocity logo provided. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2024 Highlands Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:16:12 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 06, 2005Home Sold
$126,000
May 26, 2004Home Sold
$18,000

Tax History

YEARPROP. TAXASSESSMENT
2020$159$7,500
2019$159$7,500
2017$160$7,500

History based on county public records data.

Payment Calculator

$250

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$176

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-4501947
2
/10
  • Fred Wild Elementary School

  • 3550 Youth Care Ln

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-4501948
5
/10
  • Woodlawn Elementary School

  • 817 Woodlawn Dr

  • 2.23 miles

  • Public District Grades PK-5

school-card-donut-4501949
6
/10
  • Cracker Trail Elementary School

  • 8200 Sparta Rd

  • 4.34 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,476. Typical income of Sebring, FL residents is less than $35k 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 1837 Rainbow Ave

What is the listing price of this property?

The listing price of 1837 Rainbow Ave property is $36,500.

What type of property is this?

The property 1837 Rainbow Ave is land located in Sebring, Florida, 33870.

Is this property for sale now?

Active Listing: 1837 Rainbow Ave 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 $159 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 6, 2005 for $126,000. (source: MLS/tax record).

How much acreage is this property?

The property 1837 Rainbow Ave is 0.52 acres.
Rocket Homes logo

Interested in 1837 Rainbow Ave? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesFloridaHighlands CountySebring338701837 Rainbow Ave

This home is located at 1837 Rainbow Ave in Sebring, FL and zip code 33870. This home sits on a 0.52 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $36,500.

While more than 9 listings in Sebring, FL in November 2024 were sold above asking price, there were more than 36 listings sold at asking price, and more than 53 were sold below. The number of homes for sale in Sebring, FL increased by 1.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 70 days, the median list price was $269,227.

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

More Resources