1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty

17119 Rainbow Terrace, ODESSA, FL 33556

Priced at Only: $639,950

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  • MLS#: TB8357149 ( Residential )
  • Street Address: 17119 Rainbow Terrace
  • Viewed: 310
  • Price: $639,950
  • Price sqft: $291
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Lake Front
  • Year Built: 1962
  • Bldg sqft: 2200
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 435
Description
Charming 3 bedroom, 2 bathroom home in one of the most sought after locations on Rainbow Lake. Whether you are looking for a vacation getaway or a year round residence, this property offers incredible potential with a flexible floor plan that allows you to personalize every space to your taste. The spacious enclosed sunroom provides beautiful views overlooking 50 acres of serene lakefront, while the backdoor opens to a covered patio and large backyard, ideal for entertaining, cookouts, or creating your own outdoor oasis. The possibilities here are truly wide open. The lakefront setting is perfect for water enthusiasts, offering opportunities for boating, kayaking, paddleboarding, and water skiing right outside your door. Please note photo number two has been enhanced to illustrate the homes potential with simple cosmetic improvements and landscaping. The current condition of the property is reflected in the other photos. Situated on a quiet cul de sac with mature landscaping, this property offers privacy with no HOA or CDD fees, along with strong potential for short term rental use such as VRBO or Airbnb. Conveniently located near Steinbrenner High School.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Mailbox
  • Fencing: Wood
  • Flooring: Tile
  • Living Area: 1742.00
  • Roof: Shingle
Land Information
  • Lot Features: Cul-De-Sac, Street Dead-End, Paved
School Information
  • High School: Steinbrenner High School
  • Middle School: Sergeant Smith Middle-HB
  • School Elementary: Hammond Elementary School
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Boat, Driveway
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Pets Allowed: Yes
  • Sewer: Septic Tank
  • Utilities: Public, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Primary Bedroom Main Floor
  • Legal Description: RAINBOW TERRACE LOT 8
  • Levels: One
  • Area Major: 33556 - Odessa
  • Occupant Type: Owner
  • Parcel Number: U-22-27-17-015-000000-00008.0
  • View: Trees/Woods, Water
  • Views: 310
  • Zoning Code: ASC-1

Contact Info

Headshot for Associate Juan Torres
  1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty
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