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Listed price in listed location currency (USD).
$600,000
$680,000

650

MLS® TB8416109

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2931 sqft
Garage No
Taxes $8,273
Lot Size 0.27 acres
Approx. Age 1953
Avg. Price Per Sqft $232
MLS® Number TB8416109

Property Address: 1959 Rainbow Dr, CLEARWATER, FL, 33765-3569

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 1959 Rainbow Drive—a versatile multifamily treasure nestled in the Sky Crest neighborhood of Clearwater. Built in 1953 and spread across a generous 0.27-acre lot, this solid stucco structure spans a spacious 2, 931 square feet of living space . Ideal for investors or owner-occupiers seeking income potential, this property features multiple rentable units (two efficiencies, two one-bedroom units, and one two-bedroom unit), each consistently leased and generating reliable rental income. Amenities include: Ample parking: Carports accommodate three full-sized vehicles plus one compact car On-site laundry facility Simplified utilities: A single water meter covers the entire property, While each unit has its own electric meter. Move-in-ready status: All units are functional with tenants in place. This is a fully operational rental business and is non-distressed. Situated in a convenient Clearwater locale, the property offers easy access to Clearwater Beach, Tampa Airport, Downtown Clearwater, and is well-positioned between thriving residential and commercial corridors.
MLS® NumberTB8416109
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.27
Exterior
GarageNo
Approx. Age1953
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Nov 5, 2025End Date
$600,000Sold Price

Sold

Aug 10, 2025List Date
$680,000List Price

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