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$16,900 Just Listed
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Property Description
Great opportunity to own a spacious 0.40-acre vacant residential lot located on South Rainbow Drive in Inverness, Florida. This property offers a peaceful setting with lake and plenty of space to build your future home or hold as a long-term investment. Enjoy the natural surroundings and relaxed atmosphere of Citrus County while still being within convenient driving distance of shopping, dining, schools, and other local amenities. With nearly half an acre of land, this property provides additional space and privacy compared to a typical residential lot. Drive by and take a look at this beautiful piece of Florida land today.
Full Property Details
Full Property Details for 4704 S Rainbow Dr
General
- Price: $16,900
- Taxes: $133 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: TB8553757
- Updated: 10/1/2026
- Added to Site: 5 day(s) ago
Location
- Area: 34452 - Inverness
- County: Citrus
- Development Name: 34452 - Inverness
- Subdivision: INVERNESS HIGHLANDS WEST
- Driving Directions: From SR-44, head south on US-41. Turn left onto E Gobbler Dr, then right onto S Rainbow Dr. Continue to 4704 S Rainbow Dr. Property will be on the right.
Community
- Community Name: 34452 - Inverness
Utilities
- Sewer: Septic Needed
- Water: Well Required
- Utility Description: Other
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,358
- Lot Size: 17358
- Lot Dimensions: 86 x 127
- Street/Road Desc.: Paved
Water Features
- Water Access: Yes
- Water Access Desc: Lake
Financial Considerations
- Price Per Acre: $42,250
- Tax Amount: $133.96
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: INVERNESS HGLDS WEST PB 5 PG 19 LOT 34 BLK 381
- Flood Zone Info: x
- APN: 20E19S290010038100340
- Property ID: 20E19S290010038100340
- Block/Lot/Section: 381
Listed by One Mundo Realty Inc.
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Schools
Schools serving 4704 S Rainbow Dr
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Pleasant Grove Elementary School, Inverness, FL 630 Pleasant Grove Road, Inverness, FL 34452 | PK-5 | 2.6 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 3.1 mi |
Inverness Middle School 1950 U.S. 41, Inverness, FL 34450 | 5-8 | 4 mi |
Citrus High School 600 West Highland Boulevard, Inverness, FL 34452 | 9-12 | 2.9 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 4704 S Rainbow Dr
Date
Details
Price
Change
Source
10/01/2026
Listed
$16,900
—
MLS
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 4704 S Rainbow Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$134
24%
$12,200
—
2024
$108
40%
$12,200
75%
2023
$77
60%
$6,970
129%
2021
$48
-31%
$3,050
-53%
2022
$70
46%
$6,530
124%
2021
$48
-2%
$2,910
-5%
2018
$49
-6%
$3,050
-5%
2017
$52
-4%
$3,210
—
2016
$54
-39%
$3,210
-39%
2015
$89
82%
$5,270
73%
2019
$49
-61%
$3,050
-58%
2014
$126
-5%
$7,225
-3%
2013
$132
—
$7,480
—
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 4704 S Rainbow Dr
4704 S Rainbow Drive, Inverness, FL 34452 (MLS# TB8553757) is a Lots/Land property with a lot size of 0.4 acres. 4704 S Rainbow Drive is currently listed for $16,900 and was received on October 01, 2026. Want to learn more about 4704 S Rainbow Drive? Do you have questions about finding other Lots/Land real estate for sale in Inverness? You can browse all Inverness real estate or contact a Coldwell Banker agent to request more information.

