$265,327Average Value$217Average Price per Sq Ft6Homes For Sale
Rainbow Heights combines convenience and competitive prices
Rainbow Heights is a rapidly revitalizing area of eastside Tampa, attracting buyers looking for quick commuting and competitive home prices. “It’s an up-and-coming neighborhood, with a mix of older and new construction homes. And the traffic’s not bad in that particular area,” says Florida’s A Team Realtor Stephanie Riggins, who has nearly 15 years of experience. Downtown, the Ybor City historic district and attractions like Busch Gardens are all located within about a 6-mile radius of Rainbow Heights. Even at the height of rush hour traffic, Riggins says they’re all about a 30-minute drive away. “It’s centrally located in terms of east Tampa,” agrees Jenn Cook, a Coastal Properties Group Realtor with over 20 years of experience. “It’s a true commuter, bedroom community, where you can pretty much get to jobs and shopping and restaurants within minutes,” Cook adds.
New construction homes stick with the classic styles to match neighbors in Rainbow Heights.
Ybor City is the historic district near Rainbow Heights with shopping, dining and plenty to see.
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Cottages built since 1960 sell for under the Tampa median
Many of these Craftsman and Spanish-inspired Minimal Traditional cottages were built between the 1960s and early 2000s, and rarely reach the market. “A lot of the original owners have stayed here and continue to stay here,” Cook says. “They’re not motivated to leave. But there are some investors coming in and knocking down houses and building new.” Prices range from $90,000 to about $200,000 for older, less updated properties, while freshly renovated homes and new builds typically sell for between $200,000 and $355,000. “It’s on the low end for the city,” Riggins says. Tampa’s median single-family home price is around $480,000.
Classic craftsman style homes come standard with front porches.
New construction homes with Spanish influences are popping up around Rainbow Heights.
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Shopping and dining on U.S. Route 41, 22nd Street and in Ybor City
The U.S. Route 41 and 22nd Street commercial corridors are lined with retailers like Ross and DD’s Discounts, beauty supply shops, convenience stores and more. Sanwa Farmer’s Market, a small regional chain known for multicultural goods and multilingual staff, is nearby. Publix is around the corner. Casual mom-and-pop eateries like Nick’s Gyros & Subs and Hector’s Mexican Food surround the market. For upscale dining, boutiques and vintage shops, Cook says locals head downtown or to Ybor City, a historic district about 10 minutes away. It’s home to the oldest eatery in Florida, Columbia Restaurant, which opened in 1905 and sprawls along an entire city block.
The Flan Factory near Rainbow Heights is a family owned cuban restaurant.
Carmine's specializes in Cuban classics such as the Cuban sandwich and deviled crab's near Rainbow Heights.
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Hillsborough County high school offers STEM magnet programs
Potter Elementary and Sligh Middle receive C grades from Niche. Middleton High gets an A-minus. The high school, built in 2002 for $46.5 million, is known as Hillsborough’s most technologically advanced. The STEM-focused school offers magnet programs in engineering, biomedicine/biotechnology, cyber security and computer game design.
Potter Elementary School has 441 students in grades PK and K-5.
Middleton High School has a student-teacher ratio of 15 to 1.
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Indoor and outdoor recreation within about a mile of Rainbow Heights
A few blocks north, Fair Oaks Park has a community center and a playground. Osborne Pond is nearby, circled by the Clarence Fort Freedom Trail, a boardwalk path named in honor of a local civil rights leader. Cyrus Greene Pool is open year-round in the neighborhood next door. The Jackson Heights NFL YET Center, part of an initiative to provide activities and programs to kids in underserved communities, is also close by. The rec center has a playground, indoor and outdoor sports facilities and a computer lab, which hosts regular online learning days.
Spot Skatepark of Tampa is a world renowned indoor/outdoor skate park with rentals and pro shop near Rainbow Heights..
The Jackson Heights NFL YET Center is a youth kids sports program for locals in Rainbow Heights.
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Major highways, HART bus stops put Tampa metro in reach
U.S. Routes 41 and 92, as well as Interstates 4 and 275 connect around the Tampa metro, but residents can avoid major highways when heading downtown. Taking M.L.K Jr. Boulevard and Nebraska Avenue is usually quicker; the drive only takes about 15 minutes without traffic. Hillsborough County Regional Transit Authority, or HART, buses serve the neighborhood, picking up from stops on Osborne Avenue and 34th Street. Several routes run to destinations like Tampa General Hospital and Tampa International Airport. By car, both the hospital and airport are less than 30 minutes away, though drive-time increases during rush hour. The CAP Index crime score for Rainbow Heights is 5 out of 10, above the national median of 4.
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On average, homes in Rainbow Heights, Tampa sell after 81 days on the market compared to the national average of 52 days. The median sale price for homes in Rainbow Heights, Tampa over the last 12 months is $249,000, down 16% from the median home sale price over the previous 12 months.
Charming 3-bedroom, 2-bathroom single- family home nestled in the heart of developing Eastlake.Boasting 1,032 sq ft of well-designed living space on a vast 6,200 sq ft lot, this block and stucco residence offers solid construction,central air conditioning and a recently updated interior with vinyl flooring throughout. You'll enjoy outdoor living on the covered,screened rear porch,
One or more photo(s) has been virtually staged. 4404 N Troy Street has been thoughtfully updated and is ready for its next chapter. With four bedrooms, two bathrooms, and a generous yard, this home offers space to grow in a location that makes life in Tampa easy and connected.Inside, the layout is open and inviting. The living and dining areas flow naturally into the updated kitchen,
TURN KEY! This FULLY REMODELED 3 bedroom, 2 bath home is in the heart of Tampa. Perfect for a primary residence or rental opportunity! New exterior paint, updated landscaping and the charming front porch boast great curb appeal. Step inside to find sleek ceramic tile flooring throughout and fresh interior paint for a cohesive feel. The open layout between the living room, dining, and kitchen is
Fantastic location close to downtown and everywhere you want to go in Tampa as well as Highway 275 access only 5 minutes away. Transitional neighborhood but we have never had any issues with crime.
Looking for a spacious home to grow in? Spacious 4-bedroom, 2 bath, 1 car garage home. Recently updated with paint, new flooring throughout and new blinds throughout. The master bedroom offers its own ensuite and walk in closet. The laundry area is conveniently located in a hallway and offers W/D hookups. Conveniently located near Downtown Tampa, Airport, Busch Gardens, and USF, it offers easy
**SPLIT THE PAYMENT! Reserve your new home by paying 50% of your security deposit now, with the remaining balance due before move-in.**Welcome to 3608 E 38th Avenue, a charming 3-bedroom, 2-bathroom home offering 1200 sq ft of comfortable living space. The inviting interior features a large open-concept living room, providing a perfect blank canvas for your decorating ideas, and a fully
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