17119 RAINBOW TERRACE Odessa, FL $ 639,950
17119 RAINBOW TERRACE
$ 639,950
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17119 RAINBOW TERRACE

Odessa, FL, 33556
$ 639,950
Bedrooms3 Baths2.0 Sq 1,742

Monthly Estimate*

$ 3,992

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Single Family Home for sale in Odessa, FL

for $639,950 with 3 bedrooms and 2 full baths. This 1,742 square foot home was built in 1962 on a lot size of 0.35.

Charming 3-bedroom, 2-bathroom home in one of the most sought-after locations on Rainbow Lake. Whether you're looking for a vacation getaway or a year-round residence, this property offers endless potential with a flexible floor plan that allows you to personalize every room. The spacious, enclosed sunroom provides stunning views of 50 acres of the serene lake, while the backdoor opens to a covered patio and large backyard—ideal for entertaining guests, hosting cookouts, or enjoying outdoor activities. With ample space for creating your dream outdoor living area, the possibilities are endless! The lakefront setting offers the perfect environment for water lovers, with opportunities for boating, kayaking, paddleboarding, and water skiing. Nestled on a quiet cul-de-sac street with mature landscaping, this home also offers privacy and no HOA or CDD fees, with great potential for short-term rentals such as VRBO or Airbnb. Conveniently located near Steinbrenner High School,

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Single Family Active

Price

$ 639,950

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,107

Style

Single Family Residence

Lot Size

0.35

Year Built

1962

Town/City

Odessa

County/Region

Hillsborough

MLS | Web ID

TB8357149

Features
Interior
Interior Amenities ceiling fan(s) primary bedroom main floor
Flooring tile
Furnished Y/N unfurnished
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Half Baths 0
Laundry Features inside
Total Bedrooms 3
Total Baths 2
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General
Sewer septic tank
Heating electric
Cooling central air
Utilities public water connected
Roof shingle
Appliances refrigerator
Zoning asc-1
Construction Materials block
Pets Allowed yes
Year Built 1962
View trees/woods water
Levels one
Property Subtype single family residence
Tax Year 2024
Ownership fee simple
Waterfront Features waterfront lake front
Community Features waterfront
County hillsborough
New Construction no
Property Type residential
HOA N
Subdivision Name rainbow terrace
Facing Direction northwest
Garage Y/N no
Total Rooms 3
Full Baths 2
Status active
Directions crawley road to rainbow terr to west to address on left
High School steinbrenner high school
City odessa
Body of Water rainbow lake
Senior Community Y/N no
MLS Area 33556 - odessa
Lot Size Units square feet
Lot Size Square Feet 15140
Carport Y/N no
Listing Terms cash conventional
Elementary School hammond elementary school
Land Lease Y/N no
Tax Annual Amount 2107
Middle/Junior High School sergeant smith middle-hb
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://listings.textured.media/sites/kjkwxzz/unbranded https://listings.textured.media/sites/kjkwxzz/unbranded
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type owner
Tax Lot 8
Legal Description rainbow terrace lot 8
Water View lake
Water Access Type lake
Minimum Lease 7 months
Water Access Y/N yes
Water View Y/N yes
Flood Zone Code ae
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Exterior
Exterior Amenities private mailbox
Fencing wood
Parking Features boat driveway
Lot Features cul-de-sac street dead-end
Water Source well
Lot Size Area 15140
Foundation Details slab
Building Area Total 2200
Lot Size Acres 0.35
Road Surface Type paved asphalt
Private Pool no
Waterfront Y/N yes
Road Frontage Type street dead-end street paved
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Internal Only
Street Number 1 17119
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* Excluded Features
List By
Real Broker, Llc

Broker

vince@headofrealestate.com

Email

Affordability Calculator

$4,168
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,992
Monthly Property Taxes
$176
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3325293 Elementary School
3325769 Middle School
Steinbrenner High School High School
Pricing History
DatePricePrice ChangeDescription
5/24/2025$639,950 -4.48% Price Down
3/3/2025$669,950 Listed Price

Map


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17119 RAINBOW TERRACE, Odessa, FL, 33556 is a Single Family Home for sale at $639,950 with 1,742 sqft and a lot size of 0.35. 17119 RAINBOW TERRACE has 3 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 33556 which is in Odessa, FL