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$179,900 -$15,000 (-7.7%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,040 Sq. Ft.
  • Updated 2 days ago
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Welcome to 1159 SW Rainbow Avenue! This beautifully renovated 3-bedroom, 1-bath home offers approximately 1,040 square feet of living area and has been extensively updated from top to bottom. Major improvements include a NEW metal roof, NEW hurricane-impact-resistant windows, NEW air-conditioning system, NEW plumbing, NEW flooring throughout, and new interior doors. The completely remodeled kitchen features NEW cabinetry, granite countertops, and updated finishes, while the bathroom has been fully renovated with a NEW tub, tile, toilet, and vanity. Fresh, clean, and move-in ready, this home offers the benefits of an established residence with many of its major components already replaced - an affordable option without an immediate list of costly improvement projects. Conveniently located in Arcadia, this home is ready for its new owner. Schedule your showing today!

Full Property Details for 1159 SW Rainbow Ave

General

  • Price: $179,900
  • Taxes: $2,136 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8546805
  • Updated: 10/8/2026
  • Added to Site: 32 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 3
  • Interior Features: Ceiling Fan(s), Stone Counters
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Luxury Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Other

Parking

  • Carports: Yes
  • Carport: 1
  • Carport Spaces: 1
  • Covered Spaces: 1

Location

  • Area: 34266 - Arcadia
  • County: DeSoto
  • Development Name: 34266 - Arcadia
  • Subdivision: GOLDEN MELODY
  • Driving Directions: US 17, travel west on SW Martin Luther King Jr. Street, cross over railroad tracks and keep going, turn left onto SW Golden Avenue, travel southwest on SW Golden Avenue then take a left on SW Melody Drive, take Melody Drive to SW Rainbow Avenue, turn left on SW Rainbow Avenue, 1159 SW Rainbow Avenue is the first house on the left hand side after you turn onto SW Rainbow Avenue.
  • Direction Faces: Southeast

Community

  • Community Name: 34266 - Arcadia
  • Pet Restrictions: The owner is not aware of any pet restrictions other than those outlined in the Desoto County zoning ordinance for this zoning district., / 99lbs.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Info: Florida, Ranch
  • Architectural Style: Florida, Ranch
  • Exterior Const.: Block, Brick, Concrete
  • Roof: Metal
  • Stories/Levels: One
  • Square Feet: 1,040
  • Sq. Ft. Source: Public Records
  • Year Built: 1975

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Size: 8276
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $2,136.3
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: GOLDEN MELODY LOT 7 BLK F OR 114/109
  • Flood Zone Info: X
  • APN: 013824017400F00070
  • Property ID: 013824017400F00070
  • Block/Lot/Section: F

Listed by Jack Keller Inc

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Listing agent

— 1159 SW Rainbow Ave —

  • Jack Keller Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1159 SW Rainbow Ave

School District:Desoto County School District
NameGradesDistance
Desoto Virtual Instruction Program
310 West Whidden Street, Arcadia, FL 34266
K-121.2 mi
Nocatee Elementary School
4846 Sw Shores Ave, Nocatee, FL 34268
K-53.6 mi
Desoto Middle School
420 East Gibson Street, Arcadia, FL 34266
6-81.7 mi
Desoto County High School
1710 East Gibson Street, Arcadia, FL 34266
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1159 SW Rainbow Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2026
Price Reduced
$179,900
-7.7%
MLS
9/18/2026
Price Reduced
$194,900
-9.31%
MLS
9/09/2026
Listed
$214,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1159 SW Rainbow Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,983
—
$101,044
-4%
2024
$1,983
5%
$104,869
8%
2023
$1,896
3%
$97,240
24%
2021
$1,840
-9%
$78,654
-29%
2022
$2,028
10%
$110,435
54%
2021
$1,840
9%
$71,624
3%
2019
$1,689
166%
$69,204
87%
2017
$636
—
$37,044
2%
2017
$636
2%
$36,282
2%
2016
$626
13%
$35,536
1%
2015
$556
—
$35,289
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1159 SW Rainbow Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Jack Keller Inc

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1159 SW Rainbow Avenue, Arcadia, FL 34266 (MLS# TB8546805) is a Single Family property with 3 bedrooms and 1 full bathroom. 1159 SW Rainbow Avenue is currently listed for $179,900 and was received on September 09, 2026. Want to learn more about 1159 SW Rainbow Avenue? Do you have questions about finding other Single Family real estate for sale in Arcadia? You can browse all Arcadia real estate or contact a Coldwell Banker agent to request more information.

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