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$349,900

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,830 Sq. Ft.
  • Updated 11 days ago
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VA Assumable Loan with an incredible 2.7% interest rate for qualified buyers! This is your opportunity to own a beautifully maintained, only a few years young 4-bedroom, 2-bath home while enjoying substantial monthly savings. The low assumable interest rate paired with owned solar panels means lower mortgage payments and reduced electric bills, making this home an incredible long-term investment. Inside, you'll find an open-concept floor plan, spacious living areas, and a split-bedroom layout. The oversized primary suite features a large walk-in closet that won't disappoint. Step outside to a fully fenced backyard backing to a peaceful preserve with no rear neighbors, offering privacy and beautiful natural views. Conveniently located near shopping, dining, schools, parks, and major roadways. This move-in-ready home truly is the gift that keeps on giving. Schedule your private showing today before this rare opportunity is gone!

Full Property Details for 1261 Rainbow Rd SE

General

  • Price: $349,900
  • Taxes: $4,359 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1083299
  • Updated: 7/24/2026
  • Added to Site: 11 day(s) ago

Interior

  • Number of Rooms: 1
  • Interior Features: Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Ice Maker, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Exterior

  • Exterior Features: Storm Shutters
  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage

Location

  • Area: 343 - SE Palm Bay
  • County: Brevard
  • Subdivision: None
  • Driving Directions: From I-95, take Exit 173 for Malabar Road and head east. Turn right onto San Filippo Drive SE, then left onto Waco Boulevard SE. Turn right onto Rainbow Road SE. The property will be on your right at 1261 Rainbow Road SE, Palm Bay, FL 32909.
  • Direction Faces: Southeast

School Information

  • Elementary School: Columbia
  • Middle School: Southwest
  • High School: Bayside

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected

Structural Information

  • Architectural Style: Traditional, Mid-Century Modern
  • Exterior Const.: Block, Concrete, Stucco
  • Stories/Levels: 1
  • Square Feet: 1,830
  • Living Area: 1,830 Sq. Ft.
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 2021

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,454
  • Lot Features: Many Trees, Wooded
  • Fencing (Description): Back Yard, Other

Financial Considerations

  • Price Per Sq. Ft.: $191.2
  • Tax Amount: $4,359.18
  • Tax Year: 2025
  • Terms: Assumable, Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 29-37-16-Gp-00756.0-0002.00

Listed by Real Broker, LLC

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Listing agent

— 1261 Rainbow Rd SE —

  • Real Broker, LLC

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 1261 Rainbow Rd SE

School District:Brevard County School District
NameGradesDistance
Columbia Elementary School, Palm Bay, FL
1225 Waco Boulevard Southeast, Palm Bay, FL 32909
PK-60.7 mi
Southwest Middle School, Palm Bay, FL
451 Eldron Boulevard Southeast, Palm Bay, FL 32909
7-82.7 mi
Bayside High School
1901 Degroodt Road Southwest, Palm Bay, FL 32908
9-122.5 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 1261 Rainbow Rd SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/24/2026
Listed
$349,900
33.78%
MLS
8/27/2021
Sold
$261,540
—
Public Record
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 1261 Rainbow Rd SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,359
2%
$277,610
3%
2024
$4,259
2%
$269,790
3%
2023
$4,170
997%
$261,940
1646%
2021
$380
-91%
$15,000
-94%
2022
$4,038
963%
$254,320
2212%
2021
$380
102%
$11,000
53%
2018
$188
4%
$7,200
29%
2017
$180
62%
$5,600
24%
2016
$111
10%
$4,500
24%
2015
$101
-52%
$3,630
-31%
2019
$211
105%
$5,290
60%
2014
$103
17%
$3,300
10%
2013
$88
—
$3,000
—
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 1261 Rainbow Rd SE

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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

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Listed by Real Broker, LLC

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1261 Rainbow Road SE, Palm Bay, FL 32909 (MLS# 1083299) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1261 Rainbow Road SE is currently listed for $349,900 and was received on July 24, 2026. Want to learn more about 1261 Rainbow Road SE? Do you have questions about finding other Single Family real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.

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