1959 RAINBOW DRIVE, Clearwater, FL 33765
SOLD
DEC 11, 2025

$590,100

Trulia Estimate
  • 6 Beds
  • 5 Baths
  • 2,931 sqft (on 0.27 acres)

1959 RAINBOW DRIVE, Clearwater, FL 33765

Skycrest
Est. Refi. Payment $4,103/mo*
Refinance Your Home
Currently Off Market - Sold Dec 11, 2025 for $600,000 (12% below list price)

Home Value

Trulia Estimate
$590K
Since last month
Decreased$7K (-1.1%)
Since last year
Decreased$72K (-10.9%)
Since last sale
Decreased$10K (-1.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +99% in the last 10 years
MonthEstimated value
2026
September 2026$590K
August 2026$591K
July 2026$597K
June 2026$600K
May 2026$589K
March 2026$590K
February 2026$595K
January 2026$599K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
519 FLORIDA AVENUE, Clearwater, FL
0.48
Multi-Family Home
$395,000
07/29/26
4
3
1,768
1104 AMBLE LANE, Clearwater, FL
1.12
Multi-Family Home
$520,000
07/31/26
4
3
1,801
1300 AMBLE LANE, Clearwater, FL
1.29
Multi-Family Home
$529,000
03/05/26
4
4
2,026
1508 ARIES LANE #1508 & 1510, Clearwater, FL
1.49
Multi-Family Home
$514,000
09/03/26
4
4
2,368
1273-1275 PARK STREET, Clearwater, FL
1.76
Multi-Family Home
$870,000
12/23/25
7
5
3,334
710 S LINCOLN AVENUE, Clearwater, FL
1.87
Multi-Family Home
$720,000
02/27/26
4
4
2,768
1276 PIERCE STREET, Clearwater, FL
1.75
Multi-Family Home
$857,000
06/02/26
7
7
3,334
1272 PIERCE STREET, Clearwater, FL
1.76
Multi-Family Home
$848,000
06/23/26
7
7
3,334
1304 AMBLE LANE, Clearwater, FL
1.30
Multi-Family Home
$450,000
11/10/25
2
1
1,827

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
305 S AURORA AVENUE, Clearwater, FL 33765
0.04
$357,400
2
2
1,250
Off Market
212 S AURORA AVENUE, Clearwater, FL 33765
0.04
$373,000
3
2
1,691
Off Market
209 S AURORA AVENUE, Clearwater, FL 33765
0.06
$345,000
2
1.5
1,180
Recently Sold
109 S COMET AVENUE, Clearwater, FL 33765
0.09
$470,600
3
2
1,632
Off Market
400 S METEOR AVENUE, Clearwater, FL 33765
0.13
$1,200,000
Studio
-
4,098
For Sale
109 S METEOR AVENUE, Clearwater, FL 33765
0.13
$395,100
3
2
1,481
Off Market
204 S METEOR AVENUE, Clearwater, FL 33765
0.15
$451,900
5
2
2,348
Off Market
109 S HERCULES AVENUE, Clearwater, FL 33765
0.13
$341,500
3
2
1,368
Off Market
204 S CIRUS AVENUE, Clearwater, FL 33765
0.14
$413,500
3
2
1,681
Off Market
205 S CIRUS AVENUE, Clearwater, FL 33765
0.16
$379,200
3
2
1,560
Off Market
1910 RAINBOW DRIVE, Clearwater, FL 33765
0.19
$306,000
3
2
1,416
Off Market

Local Information

  • Map ViewExplore the area around 1959 RAINBOW DRIVE.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1953
0.27 acre lot
2,931 sqft
$205/sqft
4 Carport Spaces

About this House

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.
1959 RAINBOW DRIVE, Clearwater, FL 33765 is a 6 bedroom, 5 bathroom, 2,931 sqft multi-family in Skycrest, built in 1953. It last sold for $600,000 on Dec 11, 2025 (12% below the $680,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $590,100, with a rent estimate of $2,519/month.
Last check for updates: about 6 hours ago
Listed by Richard Koster, (727) 423-5101
COASTAL PROPERTIES GROUP INTERNATIONAL, (727) 493-1555
Bought with: Ben Magnie, (727) 455-0221, STONEBRIDGE REAL ESTATE CO, (727) 443-5000
Originating MLS: Suncoast Tampa
Source: Stellar MLS, MLS#TB8416109
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Home Details for 1959 RAINBOW DRIVE

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 5
Dimensions and Layout
Living Area: 2931 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water ConnectedLaundry: Common Area
Heating & Cooling
Heating: Central,OtherHas CoolingAir Conditioning: Central Air,DuctlessHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
View
No View

Exterior Features

Exterior Home Features
Roof: ShingleOther Structures: OutbuildingFoundation: SlabNo Private Pool
Parking & Garage
Number of Carport Spaces: 4Number of Covered Spaces: 4Has a CarportNo GarageParking Spaces: 4Parking: Carport
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 87

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: BlockNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 132915824940020100

Price & Status

Price
List Price: $680,000Price Per Sqft: $205/sqft
Status Change & Dates
Off Market Date: Wed Nov 05 2025

Active Status

MLS Status: Sold

Media

Location

Direction & Address
City: CLEARWATERCommunity: SKY CREST UNIT 7

Community

Not Senior Community

HOA

Association for this Listing: Suncoast TampaNo HOA

Lot Information

Lot Area: 0.27 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional, Other

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: TB8416109Showing Advance Notice: 24Showing Requirements: 24 Hour Notice, Appointment Only, Call Listing AgentUniversal Property Id: US-12103-N-132915824940020100-R-N

Price and Tax history

DateEventPrice
Dec 11, 2025
Source: Stellar MLS #TB8416109
Sold
$600,000
Nov 6, 2025
Source: Stellar MLS #TB8416109
Pending
$680,000
Sep 19, 2025
Source: Stellar MLS #TB8416109
PriceChange
$680,000
Price decreased by 2%
Aug 10, 2025
Source: Stellar MLS #TB8416109
Listed For Sale
$695,000
Jul 15, 2016
Source: Stellar MLS #U7774916
Sold
$291,500

Market trends in Clearwater

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$368K
$10KMoM
Sale-to-List Price
97.2%
0.1%MoM
Price per sq ft
$261
$0MoM
Available listings
1417
24MoM

Around this home

Neighborhood Overview

Skycrest
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Skycrest

  • Julieta Dering
    "My neighbors are friendly and very informative. My pet went missing while we were moving and one neighbor went with me to knock on doors. "
    1
    Flag
  • Unspecified
    "Cute neighborhood. Quiet, despite being close to major roads. Everything you need within 15-20 minutes."
    0
    Flag
  • Shane.yother71
    "The only thing good about it is we’re close to the beach and close to access to 19 in Gulf to Bay close to Dunedin 30 minutes to Clearwater to Tampa I mean 30 minutes to Saint Pete 30 minutes to holiday is centrally located"
    38
    Flag
  • Jamel D. C.
    "I've lived in this neighborhood for 4 years and I love it and so does my family when they come visiting from California."
    0
    Flag
  • Lori H.
    "There’s a few renters but most of the homes are well maintained. I walk my lab late at night & I see nobody. It’s quiet. "
    2
    Flag
  • Karynbasher
    "Community not much people in the complex have BBQ’s together often in the summer. It’s homeless shelter volunteering through works and getting together as people who live next to each other, Clearwater is a nice area. "
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1959 RAINBOW DRIVE

  • What is 1959 RAINBOW DRIVE estimated to be worth?
    Trulia's estimated value for 1959 RAINBOW DRIVE in Clearwater, FL is $590,100.
  • What is the price history for 1959 RAINBOW DRIVE?
    1959 RAINBOW DRIVE in Clearwater, FL last sold for $600,000 in December 2025.
  • Is Clearwater a buyer's or seller's market?
    Clearwater is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Clearwater?
    The median sale price in Clearwater is $368K. That is up $10K from the prior month.
  • Does 1959 RAINBOW DRIVE have air conditioning?
    Yes, 1959 RAINBOW DRIVE in Clearwater, FL has air conditioning.
  • Does 1959 RAINBOW DRIVE have laundry facilities?
    Yes, 1959 RAINBOW DRIVE in Clearwater, FL has laundry facilities.

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