1261 Rainbow Road SE, Palm Bay, FL 32909 (MLS# 1083299)

Tax Account: 2933406

Parcel Number: 29-37-16-Gp-00756.0-0002.00

General County Location: South

Elementary School: Columbia

Middle School: Southwest

High School: Bayside

Tax Annual Amount: 4359.18

Tax Year: 2025

Tax Legal Description: PORT MALABAR UNIT 16 LOT 2 BLK 756

Zoning Description: Residential

Directions: From I-95, take Exit 173 for Malabar Road and head east. Turn right onto San Filippo Drive SE, then left onto Waco Boulevard SE. Turn right onto Rainbow Road SE. The property will be on your right at 1261 Rainbow Road SE, Palm Bay, FL 32909.

Bathrooms Half: 0

Living Area: 1830

Living Area Source: Appraiser

Lot Size Acres: 0.24

Lot Size Square Feet: 10454

Accessibility Features YN: No

Association YN: No

New Construction YN: No

Garage YN: Yes

Garage Spaces: 2

Carport YN: No

Waterfront YN: No

Senior Community YN: No

CDD Fee YN: No

Community Fee(s) YN: No

Water Body Access YN: No

Furnished: Unfurnished

Stories: 1

Direction Faces: Southeast

Pool Private YN: No

List Price/SqFt: 191.2

Bedrooms Total: 4

Bathrooms Total: 2

Bathrooms Full: 2

Year Built: 2021

Public Remarks: VA Assumable Loan with an incredible 2.7% interest rate for qualified buyers! This is your opportunity to own a beautifully maintained, only a few years young 4-bedroom, 2-bath home while enjoying substantial monthly savings. The low assumable interest rate paired with owned solar panels means lower mortgage payments and reduced electric bills, making this home an incredible long-term investment. Inside, you'll find an open-concept floor plan, spacious living areas, and a split-bedroom layout. The oversized primary suite features a large walk-in closet that won't disappoint. Step outside to a fully fenced backyard backing to a peaceful preserve with no rear neighbors, offering privacy and beautiful natural views. Conveniently located near shopping, dining, schools, parks, and major roadways. This move-in-ready home truly is the gift that keeps on giving. Schedule your private showing today before this rare opportunity is gone!

Convection Oven: 1

Dishwasher: 1

Disposal: 1

Electric Cooktop: 1

Electric Oven: 1

Electric Range: 1

Ice Maker: 1

Refrigerator: 1

Mid-Century Modern: 1

Traditional: 1

Block: 1

Concrete: 1

Stucco: 1

Central Air: 1

Residential: 1

Single Family: 1

DPR Eligible: Yes

Storm Shutters: 1

Back Yard: 1

Other: 1

Carpet: 1

Tile: 1

Central: 1

Ceiling Fan(s): 1

Kitchen Island: 1

Open Floorplan: 1

Pantry: 1

Split Bedrooms: 1

Walk-In Closet(s): 1

Electric Dryer Hookup: 1

Washer Hookup: 1

Permission Granted to Advertise: Yes

One: 1

Assumable: 1

Cash: 1

Conventional: 1

FHA: 1

VA Loan: 1

Many Trees: 1

Wooded: 1

Garage: 1

Patio: 1

Cats OK: 1

Dogs OK: 1

Yes: 1

Close Of Escrow: 1

Septic Tank: 1

Standard: 1

Cable Available: 1

Electricity Available: 1

Electricity Connected: 1

Water Available: 1

Water Connected: 1

Public: 1

Call Listing Agent: 1

Combination Lock Box: 1

Primary Bedroom: 1

Primary Bedroom Level: Main

Current Price: $349,900

Original List Price: 349900

List Price: $349,900

Status: Active

Listing Contract Date: 2026-07-24

Property Sub Type: Single Family Residence

Street Number: 1261

Street Name: Rainbow

Street Suffix: Road

Street Direction Suffix: SE

County: Brevard

State: FL

Postal Code: 32909

MLS Area Major: 343 - SE Palm Bay

Subdivision Name: None

Major Change Timestamp: 2026-07-24T15:44:35Z

Major Change Type: New Listing

Status Change Timestamp: 2026-07-24