5470 Rainbow Dr

1,344 Sq. Ft.
$82 / Sq. Ft.
1,344
Sq. Ft.
$82
per Sq. Ft.

Description

Would you do some extra work to get that bargain home?????? A three bed 2 bath with oversized closets. This home needs repair from the hurricane however, lots of potential if you are handy. Good for remolded home or fix up and use as rental or re-sale. Survey and Elevation Certificate.Would you do some extra work to get that bargain home?????? A three bed 2 bath with oversized closets. This home needs repair from the hurricane however, lots of potential if you are handy. Good for remolded home or fix up and use as rental or re-sale. Survey and Elevation Certificate.
  1. Listed by Joel Schultz • Century 21 Sunbelt Realty • joellynnrf44@gmail.com
  2. Listed by Joanne Schultz • Century 21 Sunbelt Realty

Property Details for 5470 Rainbow Drive

Development
PINE ISLAND VILLAS
Building Design
Manufactured
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
Landscaped Area
Garage Spaces
.00
LISTING UPDATED: 03/01/2023 11:39 AM

Property Details for 5470 Rainbow Drive

StatusClosed
MLS #223010721
Days on Market2
Taxes$570 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1980
Lot Size0.19 AC / 8,407 SF
CountyLee County

Location

Listing Courtesy of Century 21 Sunbelt Realty, Joel Schultz; Century 21 Sunbelt Realty, Joanne Schultz

Sold By Century 21 Sunbelt Realty, Joel Schultz

Add your commute

Building Information for 5470 Rainbow Drive

Stories1Year Built1980Building Size-Lot Size0.19 AC / 8,407 SF

Payment Calculator

$583 per month

30 year fixed, 6.15% Interest

Principal and Interest

$536

Property Taxes

$48

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5470 Rainbow Drive

Summary
Location and General Information
  • City: BOKEELIA
  • Directions: Pine Island Road to Stringfellow - right to Villa street on right and left - first right is Rainbow - all the way to end property on left.
  • Elementary School: PINE ISLAND
  • High School: CAPE CORAL
  • Human Modified: Yes
  • Middle School: CAPE CORAL
  • MLS Area Major: PI01 - Pine Island (North)
  • Pets: No Approval Needed
  • Postal Code: 33922
  • Road Surface Type: Unimproved
  • Street Name: Rainbow
  • Street Number: 5470
  • Street Suffix: DR
  • Full Address: 5470 Rainbow DR
Parking
  • Carport Spaces: .00
  • Carport: No
  • Covered Spaces: .00
  • Garage: No
  • Parking Features: Driveway, Detached, Guest, Paved
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Condo Fee: $.00
  • Primary HOA Fee: $.00
  • Association Fee 2: $.00
  • Maintenance: Trash, Water
  • Mandatory HOA: No
  • Tax Annual Amount: $570.02
  • Tax Year: 2021
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Source of Measure Total Area: Appraiser
  • Development Name: PINE ISLAND VILLAS
  • Parcel Number: 21-44-22-06-00000.0310
  • Property Type: Residential
  • Section: 21
  • Lot Unit: 31
  • Source of Measure Living Area: Appraiser
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: See Remarks
  • Acres: 0.193
  • Lot Size Area: 0.193
  • Lot Size Dimensions: 50 x 168 x 50 x 168
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: W50FT OF E250FT OF N168FT OF S336FT OF S1/2OF NE1/4 OF SW1/4AKA LT31PINE ISVL
Property and Assessments
  • Total Area: 1707.0
  • Rear Exposure: N
  • Approx Living Area: 1344.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Manufactured Home
  • Township: 44
  • Range: 22
  • Special Assessment: 0.00
  • Sub Condo Name: PINE ISLAND VILLAS
  • Year Built Numeric: 1980
  • Property Sub Type Additional: Manufactured Home
  • Restrictions: No Restrictions
  • Zoning Code: MH-1
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Septic
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Units in Complex: 0
  • Other Fee: $.00
  • Total Floors: 1
  • Total Annual Recurring Fees: $.00
  • Total One Time Fees: $.00
  • Units in Building: 0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Other, Manufactured Home
  • Boat Access: None
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Manufactured
  • Exterior Features: Deck
  • Exterior Features: Deck
  • Irrigation Source: Municipal
  • Patio And Porch Features: Deck, Open, Porch
  • Private Pool: No
  • Roof: Metal
  • Security Features: Security Guard
  • Structure Type: Manufactured House
  • Gulf Access: No
  • Spa: No
Interior Features
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Baths Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2.0
  • Beds Total: 3
  • Bedrooms: 3 Bed
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Carpet, Laminate
  • Furnished Desc: Furnished
  • Heating: Other
  • Interior Features: Entrance Foyer, Family Dining Room, Living Dining Room, Shower Only, Separate Shower, Walk In Closets, High Speed Internet, Split Bedrooms
  • Interior Features: Foyer, Walk-In Closet, High Speed Available, Other, Window Coverings
  • Laundry Features: Inside
  • Window Features: Other, Window Coverings
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 5470 Rainbow Drive

DateEvent & SourcePriceAppreciation
Feb 28, 2023

Sold (Public Record)

Public Record #1506854338

$109,900

+3.6% / yr

Feb 28, 2023

Sold

FORTMLS #223010721

$109,900—
Feb 13, 2023

Pending

FORTMLS #223010721

—
Feb 12, 2023

Listed (Active)

FORTMLS #223010721

$109,900—
May 13, 2003

Sold (Public Record)

Public Record #114045733

$55,000—
DateEvent & SourcePrice
02/28/2023

Sold (Public Record)

Public Record #1506854338

$109,900

+3.6% / yr

02/28/2023

Sold

FORTMLS #223010721

$109,900
02/13/2023

Pending

FORTMLS #223010721

—
02/12/2023

Listed (Active)

FORTMLS #223010721

$109,900
05/13/2003

Sold (Public Record)

Public Record #114045733

$55,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5470 Rainbow Drive

Taxable ValueLand$19,940Additions$103,776Total$123,716
Tax Record2025$1,452 ($121 / month)
Home Facts
Total Finished SqFt1,344 SqFtAbove Grade Finished SqFt1,344 SqFtStories1Lot Size8,400 SqFtStyleMobile / Manufactured HomeYear Built1980Year Renovated1993ZoningMH-1CountyLEEAPN21-44-22-06-00000.0310

Schools near 5470 Rainbow Drive

This home is within School District of Lee County.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Charter - 9 to 12
Public - 6 to 8
Rating
School
Distance
Pine Island Elementary School
PublicPK to 5

Diplomat Middle School
Public6 to 8

Sunfire High School of Lee County
Charter9 to 12

Gulf Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Sunbelt Realty, Joel Schultz; Century 21 Sunbelt Realty, Joanne Schultz

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.