115 Rainbow Dr
Fort Walton Beach, FL 32548
3 bd 2 ba 1,568 sqft Built 1955 Lot 9,148 sqft single_family
Most recent sale
$192,500
Mar 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2025 | Sold | $357,000 | EmeraldCoast |
| Jul 17, 2024 | Listed | $375,000 | EmeraldCoast |
| Jun 27, 2024 | Price changed | $375,000 | EmeraldCoast |
| Jun 3, 2024 | Price changed | $385,000 | EmeraldCoast |
| May 9, 2024 | Price changed | $389,900 | EmeraldCoast |
| Apr 22, 2024 | Price changed | $395,000 | NWFlorida |
| Mar 7, 2024 | Price changed | $399,900 | NWFlorida |
| Feb 14, 2024 | Listed | $400,000 | NWFlorida |
| Feb 6, 2024 | Listing removed | — | NWFlorida |
| Sep 13, 2023 | Price changed | $410,000 | NWFlorida |
| Aug 4, 2023 | Listed | $415,000 | NWFlorida |
| Mar 11, 2022 | Sold | $192,500 | NWFlorida |
| Feb 8, 2022 | Listed | $190,000 | NWFlorida |
| Sep 3, 2021 | Listing removed | — | NWFlorida |
| Sep 1, 2021 | Listed | $167,000 | NWFlorida |
| Jun 15, 2020 | Listing removed | — | NWFlorida |
| May 23, 2020 | Relisted | $160,550 | NWFlorida |
| May 19, 2020 | Listing removed | — | NWFlorida |
| Apr 10, 2020 | Relisted | $160,550 | NWFlorida |
| Mar 31, 2020 | Listing removed | — | NWFlorida |
| Mar 4, 2020 | Listed | $160,550 | NWFlorida |
| Jul 3, 2019 | Listing removed | — | NWFlorida |
| Jun 2, 2019 | Listed | $149,000 | NWFlorida |
| Dec 20, 2016 | Listing removed | $125,000 | NWFlorida |
| May 18, 2016 | Listed | $125,000 | NWFlorida |
| Apr 25, 2015 | Listing removed | $950 | NWFlorida |
| Apr 14, 2015 | Listed for rent | $950 | NWFlorida |
| Feb 11, 2014 | Listing removed | $950 | NWFlorida |
| Jan 14, 2014 | Listed for rent | $950 | NWFlorida |
| Jun 29, 2012 | Listing removed | $950 | NWFlorida |
| Jun 4, 2012 | Listed for rent | $950 | NWFlorida |
| Jul 5, 2011 | Listing removed | $950 | NWFlorida |
| Jun 20, 2011 | Listed for rent | $950 | NWFlorida |
| Apr 14, 2011 | Listing removed | $875 | NWFlorida |
| Dec 28, 2010 | Listed for rent | $875 | NWFlorida |
| Jul 9, 2010 | Listing removed | $875 | NWFlorida |
| Jul 3, 2010 | Listed for rent | $875 | NWFlorida |
| Jun 4, 2010 | Listing removed | $875 | NWFlorida |
| Apr 5, 2010 | Listed for rent | $875 | NWFlorida |
| Mar 5, 2010 | Listed | $140,000 | NWFlorida |
| Oct 18, 2009 | Listing removed | $875 | NWFlorida |
| Jul 30, 2009 | Listed for rent | $875 | NWFlorida |
| Jan 29, 2009 | Listing removed | $900 | NWFlorida |
| Oct 27, 2008 | Listed for rent | $900 | NWFlorida |
| Mar 31, 2006 | Sold | $133,000 | Public Record |
| May 25, 2004 | Sold | $60,300 | Public Record |
| Nov 2, 2001 | Sold | $61,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $207,899 | $69,881 | $277,780 | $3,765 |
| 2024 | $207,899 | $69,881 | $277,780 | $3,296 |
| 2023 | $86,361 | $46,849 | $133,210 | $1,857 |
| 2022 | — | — | $104,817 | $1,700 |
| 2021 | $56,195 | $39,093 | $95,288 | $1,526 |
| 2020 | $51,235 | $38,323 | $89,558 | $1,443 |
| 2019 | $47,868 | $36,498 | $84,366 | $1,325 |
| 2018 | $44,132 | $35,435 | $79,567 | $1,272 |
| 2017 | $40,711 | $35,435 | $76,146 | $1,235 |
| 2016 | $38,938 | $34,072 | $73,010 | $1,178 |
| 2015 | $36,887 | $32,450 | $69,337 | $1,145 |
| 2014 | — | — | $66,661 | $1,111 |
| 2013 | — | — | $64,922 | $1,090 |
| 2012 | — | — | $64,295 | $986 |
| 2011 | — | — | $66,732 | $1,043 |
| 2010 | — | — | $69,799 | $1,075 |
| 2009 | — | — | $75,035 | $1,138 |
| 2008 | — | — | $87,069 | $752 |
| 2007 | — | — | $92,204 | $1,023 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,568 sqft
Lot size
9,148 sqft
ZIP code
32548
City
Fort Walton Beach
Street
Rainbow Dr
Coordinates
30.42151, -86.61797
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,155
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 115 Rainbow Dr last sell?
115 Rainbow Dr most recently sold on Mar 11, 2022 for $192,500.
What is the current tax assessment for 115 Rainbow Dr?
The most recent total assessment for 115 Rainbow Dr (year 2025) is $277,780 with $3,765 in property tax.
How does 115 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 44.3% above the last sale price of $192,500.
When was 115 Rainbow Dr built?
115 Rainbow Dr was built in 1955.
How does 115 Rainbow Dr compare to others on Rainbow Dr?
We track 8 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 115 Rainbow Dr?
115 Rainbow Dr is a 3 bed, 2 bath, 1,568 sqft, 9,148 sqft lot single_family.
Is 115 Rainbow Dr a flip candidate?
No — 115 Rainbow Dr does not appear in our flips dataset.
Is 115 Rainbow Dr a tax-appeal candidate?
No — 115 Rainbow Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.9%
2026 Q3
$495.8K
2026 Q4
$497K
ZIP 32548 — Median Price History + Forecast
Explore nearby
Geography
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