17119 Rainbow Terrace, Odessa, FL 33556
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: vincent arcuri, ellie lambert
Office: real broker, llc.
MLS#:TB8357149
Source:MFRMLS
Price summary
- Price:$639,950
- Price per sq. ft.:$290.89
About this home
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 home’s 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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Home facts
- Year built:1962
- Listing ID #:TB8357149
- Added:416 day(s) ago
- Updated:April 24, 2026 at 12:04 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile
- Kitchen Description:Refrigerator
- Bedroom Description:Primary Bedroom Main Floor
- Living area:1,742 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1962
- Building area:1,742 sq. ft.
- Lot area:0.35 Acres
- Lot Features:Cul-de-sac, Paved
- Construction Materials:Block
- Exterior Features:Private Mailbox
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Steinbrenner High School
- Middle school:Sergeant Smith Middle-HB
- Elementary school:Hammond Elementary School
Utilities
- Water:Public, Water Connected, Well
- Sewer:Public, Septic Tank
Finances and disclosures
- Price:$639,950
- Price per sq. ft.:$290.89
- Tax amount:$2,107 (2024)
Features and amenities
- Appliances:Refrigerator
- Laundry features:Inside
- Amenities:Ceiling Fans(s), Primary Bedroom Main Floor
- Pool features:Public Pool
Parking
- Parking description:Boat, Driveway
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