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$539,900 Just Listed
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Property Description
Excellent triplex investment oppunity in Clearwater FL. This income producing property consists of three separately rented units located at 1965 Rainbow Dr and 301 Aurora Ave. offering a total of 4 bedrooms 3 bathrooms and approximately 2380 sq ft combined. Each unit has its separate entrance. Private fenced yard. Located in an established residential neighborhood with convenient access to major roads, shopping, dining, and Clearwater amentities.
Full Property Details
Full Property Details for 1965 Rainbow Dr
General
- Price: $539,900
- Taxes: $7,232 (2025)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8477779
- Updated: Today (2/25/2026)
- Added to Site: Today
Interior
- Interior Features: Ceiling Fan(s)
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Outside
Exterior
- Exterior Features: Outbuilding
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 33765 - Clearwater/Sunset Point
- County: Pinellas
- Development Name: 33765 - Clearwater/Sunset Point
- Subdivision: SKY CREST UNIT 7
- Driving Directions: Drive East from Downtown Clearwater on Gulf to Bay turn right (north) on Aurora then right on Rainbow to 1965 Rainbow.
Community
- Community Name: 33765 - Clearwater/Sunset Point
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Fire Hydrant
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 2,199
- Sq. Ft. Source: Public Records
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 11,021
- Lot Size: 11021
- Lot Dimensions: 88 x 125
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $7,232.5
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SKY CREST UNIT NO. 7 BLK C, LOT 1
- Flood Zone Info: X
- APN: 132915824940030010
- Property ID: 132915824940030010
- Block/Lot/Section: C
Listed by Station Square Realty Llc
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Schools
Schools serving 1965 Rainbow Dr
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Skycrest Elementary School 10 North Corona Avenue, Clearwater, FL 33765 | PK-5 | 0.4 mi |
Oak Grove Middle School 1370 South Belcher Road, Clearwater, FL 33764 | 6-8 | 1.2 mi |
Clearwater High School 540 South Hercules Avenue, Clearwater, FL 33764 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1965 Rainbow Dr
Date
Details
Price
Change
Source
2/25/2026
Listed
$539,900
229.21%
MLS
9/30/2015
Sold
$164,000
—
Public Record
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
Tax History for 1965 Rainbow Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,232
9%
$400,000
—
2024
$6,637
8%
$400,000
11%
2023
$6,118
17%
$360,000
28%
2021
$5,234
-5%
$281,800
-11%
2022
$5,521
5%
$315,000
41%
2021
$5,234
56%
$224,196
39%
2019
$3,358
55%
$161,756
56%
2018
$2,163
-5%
$103,404
-17%
2017
$2,270
16%
$124,498
31%
2016
$1,963
2%
$94,753
4%
2015
$1,929
-1%
$91,126
-5%
2014
$1,956
11%
$95,657
17%
2013
$1,756
—
$81,707
—
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
Estimate the Cost for 1965 Rainbow Dr
1965 Rainbow Drive, Clearwater, FL 33765 (MLS# TB8477779) is a Triplex property with 4 bedrooms and 0 full bathrooms. 1965 Rainbow Drive is currently listed for $539,900 and was received on February 25, 2026. Want to learn more about 1965 Rainbow Drive? Do you have questions about finding other Triplex real estate for sale in Clearwater? You can browse all Clearwater real estate or contact a Coldwell Banker agent to request more information.

