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5328 RAINBOW DRIVE

House For Sale
$299,000

BTC: 4.61990111

ETH: 157.15006517

6 days
3 bds
2 ba
1,347 sqft

Overview

Welcome to 5328 Rainbow Drive in Temple Terrace—a charming 3-bedroom, 2-bath home that blends timeless character with thoughtful updates. Situated on a spacious corner lot, this home offers a bright and functional layout featuring a functioning kitchen with solid wood cabinetry, ample counter space, and an inviting eat-in dining area. The expansive bonus/family room showcases a cozy wood-burning fireplace creating the perfect space for entertaining or relaxing. Property is currently updated with new paint inside out, new appliances, updated bathroom and all. The bedrooms feature classic terrazzo flooring, while the updated bathrooms add modern comfort without sacrificing charm. Outside, enjoy multiple patio areas, plenty of yard space, and room for gatherings, gardening, or pets. A large utility room provides additional storage and convenience, and the attached garage offers even more functionality. Conveniently located just minutes from shopping, dining, USF, Busch Gardens, major highways, and downtown Tampa, this home combines comfort, character, and an unbeatable location. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this Temple Terrace gem is one you won't want to miss!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1956
Lot:
0.16 Acres
Heating:
Central
Price/sqft:
$222
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$297,500
$191K – $367K
Confidence Low
List vs. estimate
At estimate
List $299,000 · +0.5%
List is in line with recent comparable activity.
Price per sq ft
$221
-4.5% vs. city median $232
Based on
70 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,029
2025
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Epoxy

    • Terrazzo

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Solid Wood Cabinets

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Rain Gutters

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: T22281955R00000700006.0

    • Zoning: R-10

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Public

  • Other financial information

    • Annual tax amount: $1,030

  • Source details

    • MLS ID: TB8536280

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Fireplace Features: Wood Burning

    • Laundry Features: Other

    • Lot Features: Corner Lot

    • Patio And Porch Features: Covered / Patio / Porch

    • Direction Faces: East

    • Architectural Style: Ranch

    • Fireplace: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1347

    • Water Source: Public

    • Subdivision Name: GRANDVIEW ACRES UNIT 02

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY, LLC