Mar y Sol Properties

132 Rainbow Street, Merritt Island, FL 32952 (MLS# 957243)


$856,000
132 Rainbow Street
Merritt Island, FL 32952
MLS# 957243
Status: Closed
4 beds  |  3 baths  |  4609 sqft


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Property Description
On nearly half an acre between the Banana & Indian Rivers, this grand pool home w/side lake views showcases a NEW tile roof, a NEW a/c & beautiful custom details! Crown-molded, trayed & coffered ceilings outline tile & hardwood floors. Vertical, butted & bay windows welcome tons of natural light. The granite island kitchen features a wine cooler, SS appliances, a wall oven, a stacked micro & scads of cabinetry. Bay window pool views, glass door porch entry, dual walk-in closets, separate stone sinks, a lovely tub & tiled shower create a relaxing owner's retreat. Triple sliders off the family rm lead to the airy screened lanai presenting a multi-tiered pool & spa accented w/leafy tropical plants. Entertain Florida- style from the outdoor granite kitchen stocked w/a bar, grill & fridge!

Details
Maps
Contract Information
Start Showing Date: 2023-02-16
Current Price: $856,000
Original List Price: 869321
Sold Price: $856,000
Status: Closed
Listing Contract Date: 2023-02-14
Property Sub Type: Single Family Residence
Location, Tax, and Legal
Tax Account: 2532898
Parcel Number: 25-37-30-28-0000a.0-0011.00
General County Location: Central
Elementary School: Tropical
Middle School: Jefferson
High School: Merritt Island
Tax Annual Amount: 4436.69
Tax Year: 2022
Tax Legal Description: TROPICAL PARADISE SUBDIVISION BLOCK A LOT 11
Directions: From S Tropical Trl, go west on Rainbow St (halfway between Pineda Cswy & Merritt Island Cswy). Address will be on right.
General Property Information
Bathrooms Half: 0
Living Area: 3168
Living Area Source: Public Records
Building Area Total: 4609
Lot Size Acres: 0.49
Lot Size Square Feet: 21344
Association YN: Yes
Association Fee: 500
New Construction YN: No
Association Fee Frequency: Annually
Association Name: David Smith, HOA President dbs116outlook.com
Garage YN: Yes
Property Use: 01 / SINGLE FAMILY RESIDENCE
Garage Spaces: 3
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Land Site Description: NBHD LAKE/RETEN FRTG
Senior Community YN: No
Water Body Access YN: No
Furnished: Unfurnished
Direction Faces: South
Pool Private YN: Yes
List Price/SqFt: 274.41
Sold Price/SqFt: 270.2
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 2002
Remarks and Miscellaneous
Public Remarks: On nearly half an acre between the Banana & Indian Rivers, this grand pool home w/side lake views showcases a NEW tile roof, a NEW a/c & beautiful custom details! Crown-molded, trayed & coffered ceilings outline tile & hardwood floors. Vertical, butted & bay windows welcome tons of natural light. The granite island kitchen features a wine cooler, SS appliances, a wall oven, a stacked micro & scads of cabinetry. Bay window pool views, glass door porch entry, dual walk-in closets, separate stone sinks, a lovely tub & tiled shower create a relaxing owner's retreat. Triple sliders off the family rm lead to the airy screened lanai presenting a multi-tiered pool & spa accented w/leafy tropical plants. Entertain Florida- style from the outdoor granite kitchen stocked w/a bar, grill & fridge!
Appliances
Convection Oven: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Water Heater: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Association Amenities
Maintenance Grounds: 1
Management - Full Time: 1
Closing Company Details
Closing Company Name: Prestige Title; (321) 242-7660
Closing Company Address: 5120 N US-1 #103, Palm Shores, FL 32940
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Exterior Features
Outdoor Kitchen: 1
Storm Shutters: 1
Flooring
Tile: 1
Wood: 1
Interior Features
Breakfast Bar: 1
Breakfast Nook: 1
Built-in Features: 1
Ceiling Fan(s): 1
Eat-in Kitchen: 1
His and Hers Closets: 1
Kitchen Island: 1
Pantry: 1
Primary Bathroom - Tub with Shower: 1
Primary Bathroom -Tub with Separate Shower: 1
Split Bedrooms: 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
Legal Details
Permission Granted to Advertise: No
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Sprinklers In Front: 1
Sprinklers In Rear: 1
Parking Features
Attached: 1
Garage Door Opener: 1
Other: 1
Patio And Porch Features
Patio: 1
Porch: 1
Screened: 1
Pets Allowed
Total Number Of Pets: 5
Cats OK: 1
Dogs OK: 1
Yes: 1
Pool Features
In Ground: 1
Screen Enclosure: 1
Possession
Close Of Escrow: 1
Roof
Tile: 1
Security Features
Security System Owned: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Propane: 1
View
Lake: 1
Pond: 1
Water: 1
Water Source
Public: 1
Well: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Rental Restrictions
1 Year: 1
Room Types
Dining Room: 1
Family Room: 1
Laundry: 1
Living Room: 1
Location Tax and Legal
Street Number: 132
Street Name: Rainbow
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32952
MLS Area Major: 253 - S Merritt Island
Subdivision Name: Tropical Paradise Subdivision
Status Change Information
Major Change Timestamp: 2023-03-27T20:23:22Z
Major Change Type: Status Change
Status Change Timestamp: 2023-03-27
Purchase Contract Date: 2023-02-26
Close Date: 2023-03-27
Close Price: 856000
Property Features
Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Gas Water Heater; Microwave; Refrigerator; Washer
Association Amenities: Maintenance Grounds; Management - Full Time
Construction Materials: Block; Concrete; Stucco
Exterior Features: Outdoor Kitchen; Storm Shutters
Flooring: Tile; Wood
Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; His and Hers Closets; Kitchen Island; Pantry; Primary Bathroom - Tub with Shower; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s)
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Sprinklers In Front; Sprinklers In Rear
Parking Features: Attached; Garage Door Opener; Other
Patio And Porch Features: Patio; Porch; Screened
Pets Allowed: Cats OK; Dogs OK; Yes
Pool Features: In Ground; Screen Enclosure
Possession: Close Of Escrow
Rental Restrictions: 1 Year
Roof: Tile
Security Features: Security System Owned
Sewer: Septic Tank
Showing Requirements: Appointment Only; Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Propane
View: Lake; Pond; Water
Water Source: Public; Well
Room Types: Dining Room; Family Room; Laundry; Living Room

Listing Office: Compass Florida, LLC

Last Updated: August - 21 - 2026

Information is deemed to be reliable, but is not guaranteed.