LKV Realty
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$639,950
$3,400Reward *
17119 RAINBOW Terrace, Odessa, FL 33556Listing ID TB8357149

17119 RAINBOW Terrace, Odessa, FL 33556

Active
RAINBOW TERRACE
Time on site: 532 daysLast updated: Apr 19, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,200
Acres
Acres
0.35
Days on Site
Days on Site
532
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Electric
Year Built
Year Built
1962
Stories
Stories
1
Parking
Parking
Boat, Driveway

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.

Property Information

Property Details

Location

Address
17119 RAINBOW Terrace
County
Hillsborough
City
Odessa
Zip Code
33556
Subdivision
RAINBOW TERRACE
High School
Steinbrenner High School
Elementary School
Hammond Elementary School
MLS Area
33556 - Odessa

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
2

Building

Building Information

Square Feet
2,200
Year Built
1962
Stories
1
Construction
Block
Foundation
Slab
Roof
Shingle

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$2,107
Tax Year
2024
REAL BROKER, LLC, (855) 450-0442

Market Report for 33556

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

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.

For corrections to this data please contact Brytecore MLS Support.

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