$10,000 Closing Credit¹
#TB8390709, Christopher Johnson, Listing office: NOBLE STAR REALTY
$639,950 List price
17119 Rainbow Ter Odessa, FL 33556
$7,599
Closing credit¹
3 beds
2 full
1,742 sqft
0.3 acres
$367 / sqft
House
Property details
About 17119 Rainbow Ter
Charming 3-bedroom, 2-bathroom home in one of the most sought-after locations on Rainbow Lake. Whether you're looking for a vacation getaway or a year-round residence, this property offers endless potential with a flexible floor plan that allows you to personalize every room. The spacious, enclosed sunroom provides stunning views of 50 acres of the serene lake, while the backdoor opens to a covered patio and large backyard—ideal for entertaining guests, hosting cookouts, or enjoying outdoor activities. With ample space for creating your dream outdoor living area, the possibilities are endless! The lakefront setting offers the perfect environment for water lovers, with opportunities for boating, kayaking, paddleboarding, and water skiing. Nestled on a quiet cul-de-sac street with mature landscaping, this home also offers privacy and no HOA or CDD fees, with great potential for short-term rentals such as VRBO or Airbnb. Conveniently located near Steinbrenner High School,
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size1,742 sqft
Lot size0.35 Acres
Year built1962
ParkingBoat, Driveway
MLS #TB8357149
WaterfrontLake Front
ViewTrees/Woods, Water
Summary
- Full Bathrooms: 2
- Appliances: Refrigerator
- Flooring Type: Tile
- Interior: Ceiling Fans(s), Primary Bedroom Main Floor
- Total Bedroom Count: 3
- Private Pool: No
- Parking: Boat, Driveway
- Waterfront: Lake Front
- View: Trees/Woods, Water
- Exterior: Private Mailbox
- Heating: Electric
- Cooling: Central Air
- List Price: $639,950
- Price/SqFt: $367
- HOA Amount: $0
- Annual Tax Amount: $2,005
- Tax Year: 2023
- Lot: Cul-De-Sac, Dead End Street, Paved
- Directions: Crawley Road to Rainbow Terr to west to address on left
- Year Built: 1962
- Living Area: 1,742 SqFt
- Lot Size: 0.35 Acres
- MLS Number: TB8357149
- MLS Name: MFRMLS
- Office Name: REAL BROKER, LLC
- Office Phone: (855) 450-0442
- Listing Agent: Vincent Arcuri
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/10/2025, 8:34:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$639,950
17119 Rainbow Ter
$7,599
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $127,413 | $2,005 |
| 2022 | $123,702 | $1,861 |
| 2021 | $120,099 | $1,861 |
| 2020 | $118,441 | $1,830 |
| 2018 | $113,619 | $1,610 |
| 2017 | $111,282 | $1,578 |
History based on county public records data.
Nearby schools
9
James A. Hammond Elementary School
Public District PK-5
1.6 mi
•8008 N Mobley Rd
9
Northwest Elementary School
Public District KG-5
3.2 mi
•16438 Hutchison Rd
7
Citrus Park Elementary School
Public District KG-5
3.3 mi
•7700 Gunn Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $108,203. Residents of Odessa, FL typically earn between $35k-100k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
4%
<35k
41%
35k-100k
40%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
5%
Single, with Kids
39%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
14%
18-34 yrs old
52%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Hunting
Skiing/snowboarding
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
BJs Wholesale Club
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Panera
What do the neighbors drive?
Subaru
Cadillac
Infiniti
What do the neighbors listen to?
New Country
News/Talk/Information
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 17119 Rainbow Ter
The listing price of 17119 Rainbow Ter property is $639,950.
The property 17119 Rainbow Ter is a house located in Odessa, Florida, 33556.
Active Listing: 17119 Rainbow Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 17119 Rainbow Ter are: James A. Hammond Elementary School (GreatSchools Rating 9/10), Northwest Elementary School (GreatSchools Rating 9/10), Citrus Park Elementary School (GreatSchools Rating 7/10), Walker Middle Magnet School (GreatSchools Rating 9/10), Victory Charter School Tampa (GreatSchools Rating 4/10), Sgt. Smith Middle Academy for Broadcasting and Health Science (GreatSchools Rating 6/10), Sickles High School (GreatSchools Rating 7/10), Sports Leadership and Management Academy (Tampa) (GreatSchools Rating 3/10), George M. Steinbrenner High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $2,005 (source: MLS/based on county public records data).
The property at 17119 Rainbow Ter has 3 bedrooms and 2 bathrooms.
The property 17119 Rainbow Ter is 1,742 SqFt (source: MLS/tax record).
The year of construction for 17119 Rainbow Ter is 1962.
This home is located at 17119 Rainbow Ter in Odessa, FL and zip code 33556. This 1,742 square foot home, which was built in 1962, sits on a 0.35 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $639,950.
While more than 4 listings in Odessa, FL in May 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 40 were sold below. The inventory of homes for sale in Odessa, FL between April and May 2025 increased by 7.4%. Listings spent 51 days on the market in May 2025, and had a median list price of $690,287 during the same period.
From Rocket Homes Real Estate and based on county public records data.