1959 Rainbow Drive, Clearwater, FL 33765
- $600,000
- 6
- BD
- 5
- BA
- 2,931
- SqFt
- Sold Price
- $600,000
- List Price
- $680,000
- Status
- SOLD
- MLS#
- TB8416109
- Closing Date
- Dec 11, 2025
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 2,931
- Subdivision
- Sky Crest Unit 7
Property 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.
Additional Information
- Year Built
- 1953
- Construction
- Block
- Living Area
- 2,931
- Acres
- 0.27
- Interior Features
- Ninguno
- Cooling
- Central Air, Mini-Split Unit(s)
- Heating
- Central, Other
- Garage Description
- 4 Car Carport
- Exterior Features
- Outbuildings
- Sewer
- Public Sewer
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL. Selling Office: STONEBRIDGE REAL ESTATE CO.
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