Address
5328 Rainbow Drive, TEMPLE TERRACE, FL
Price
$ 299,000
Property Attributes
  • MLS#TB8536280
  • TypeSingle Family
  • Listing Status Pending
  • CountyHillsborough
  • CityTEMPLE TERRACE
  • AreaTampa / Temple Terrace
  • NeighborhoodGRANDVIEW ACRES UNIT 02
  • Zip33617
  • StyleRanch
  • Year Built1956
  • Taxes$ 1029
  • Price$ 299,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1347
  • Lot Size0.16 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. 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!

Elementary School Middle School High School
Lewis-HB Elementary School Greco-HB Middle School King-HB High School
Price History
8/10/2026 Listed $299,000

General Features

Sewer Other
Heating Central
Cooling Central Air
Utilities Electricity Connected,Public
Roof Other
Appliances Dishwasher,Electric Water Heater,Microwave,Range,Refrigerator
Zoning R-10
Garage Spaces 1
Patio/Porch Features Covered,Patio,Porch
Architectural Style Ranch
Construction Materials Block
Pets Allowed Yes
Year Built 1956
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Hillsborough
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name GRANDVIEW ACRES UNIT 02
Facing Direction East
Garage Y/N true
Total Rooms 7
Full Baths 2
Status Pending
Directions From I-75, take Exit 266 for Fletcher Avenue and head west. Turn left onto North 56th Street, then right onto East Busch Boulevard. Turn left onto North Riverhills Drive, then right onto Rainbow Drive. The property will be on your left at 5328 Rainbow Drive, Temple Terrace, FL 33617.
High School King-HB
City TEMPLE TERRACE
Senior Community Y/N false
MLS Area 33617 - Tampa / Temple Terrace
Lot Size Units Square Feet
Lot Size Square Feet 6750
Carport Y/N false
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Lewis-HB
Land Lease Y/N false
Tax Annual Amount 1029.88
Home Warranty Y/N false
Middle/Junior High School Greco-HB
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://sites.listpix.com/mls/260250636
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Owner
Tax Lot 6
Virtual Tour https://sites.listpix.com/5328rainbowdrive
Legal Description GRANDVIEW ACRES UNIT NO 2 LOT 6 BLOCK 7
Minimum Lease 1-7 Days
Water Access Y/N false
Additional Rooms Inside Utility
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Ceiling Fan(s),Eating Space In Kitchen,Living Room/Dining Room Combo,Solid Wood Cabinets
Flooring Ceramic Tile,Epoxy,Terrazzo
Furnished Y/N Unfurnished
Fireplace Features Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Other
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Exterior Amenities Rain Gutters
Lot Features Corner Lot
Water Source Public
Lot Size Area 6750
Foundation Details Slab
Building Area Total 1551
Lot Size Acres 0.16
Road Surface Type Other
Private Pool false
Waterfront Y/N false
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33617

Price
AVG $420K
$300K
Taxes
AVG $5,168
$1,029
Year Built
AVG 1975
1956