$4,691

closing credit¹

1314 Rainbow Rd SE Palm Bay, FL 32909

$394,995
4 beds
3 full
2,094 sqft
0.2 acres
$189 / sqft
House

Property details

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! RATE BUYDOWN + CLOSING COSTS & MORE!!

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air, Electric
Size2,094 sqft
Lot size0.24 Acres
Year builtNew Const., 2025
ParkingAttached,Garage,Garage Door Opener
MLS #1023244
Attached garage2 spaces

Virtual tour

Summary

  • MLS Number: 1023244
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: K Hovnanian Florida Realty
  • Office Phone: (813) 830-2553
  • Listing Agent: Gretta Akellino, Deneen Mahoney PA

IDX Copyright © 2025 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: 2/1/2025, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style house with a garage and a front lawn

$394,995

1314 Rainbow Rd SE

$4,691

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 22, 2024
Home Sold
$41,000

Tax history

YearAssessmentProperty Tax
2023$33,000$329
2022$24,500$252
2021$15,000$252
2020$5,810$170
2019$5,290$187
2018$7,200$179
2017$5,600$179

History based on county public records data.

Nearby schools

6

Odyssey Preparatory Charter Academy

Public Charter KG-6

0.5 mi

1350 Wyoming Dr SE

4

Columbia Elementary School

Public District PK-6

0.8 mi

1225 Waco Blvd SE

7

Westside Elementary School

Public District PK-6

2.5 mi

2175 Degroodt Rd SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

42%
<35k
53%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
16%
Single, with Kids
26%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Stein MartStein Mart
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Church's ChickenChurch's Chicken
  • White CastleWhite Castle

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • KiaKia

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Urban Adult ContemporaryUrban Adult Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 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 $394,995.

Over 19 listings were sold over their listed price in January 2025 in Palm Bay, FL. In the same period over 97 listings were sold below the listed price and 53 listings were sold for the listed price. The number of listings in Palm Bay, FL increased by 7.9% between December and January 2025. In January 2025 median list price was $331,091 and the average listing age was 91 days.

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

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