5439 RAINBOW DRIVE, BOKEELIA, FL, 33922
Active44 days on marketListed Jun 9, 2026MLS #O6415113
About this home
5439 RAINBOW DRIVE
Opportunity awaits on Pine Island! Priced to sell -LAND VALUE ONLY The existing manufactured home is Non-functional and is being conveyed with no value assigned. Property is being sold AS-IS, with buyer responsible for any inspections or due diligence and intended use. Affordable opportunity to own land in desirable Bokeelia. Don't miss this value-priced property. Bring all offers!!!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
728
Sqft
0.42 ac
Lot size
2
Garage
1990
Year built
One
Levels
$103
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$687 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$687/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs ACREAGE & UNREC
$103 vs $382
Days on market
44 vs 80 typical
Where $103/sqft sits among the 117 homes for sale in ACREAGE & UNREC
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Pine Island Villas
Get to know Bokeelia. See the full Bokeelia guide →
Pine Island Villas — neighborhood snapshot
Population
370
Median age
53
Median income
$73,397
Median home value
$280,900
Avg household
3
Households w/ children
40%
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Bokeelia market
$400K → $480K
Bokeelia median sold, yr/yr
92.7%
Sale-to-list ratio (12 mo)
42 of 117
ACREAGE & UNREC have cut their price
Median sold price, Bokeelia, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 77% below the BOKEELIA 33922 median. See the full Bokeelia market guide →
Paper trail
This home's history
Reality check
What actually sold near 5439 RAINBOW DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$160,000
5627 INDIANA DRIVE · same community
2 bd · 1 ba · 844 sqft · $190/sqft · 118 DOM
Sold · Jan ’26$450,000
740 STONER ROAD · same community
3 bd · 1 ba · 850 sqft · $529/sqft · 5 DOM
Sold · Dec ’25$116,000
5131 W 11TH STREET W · same community
2 bd · 2 ba · 1,152 sqft · $101/sqft · 113 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5439 RAINBOW DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5439 RAINBOW DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
5439 RAINBOW DRIVE FAQs
What would the monthly payment be for 5439 RAINBOW DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $687/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5439 RAINBOW DRIVE?+
The most recent tax bill on record (2025) was $622. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Bokeelia?+
At $75,000, this home is listed about 82% below the Bokeelia median of $419,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5439 RAINBOW DRIVE?+
Pine Island Elementary School (elementary), Trafalgar Middle School (middle), Ida S. Baker High School (high), Gulf Middle School (middle), Mariner High School (high), Cape Coral High School (high), North Fort Myers High School (high), Island Coast High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of NONA LEGACY POWERED BY LA ROSA · Shaneza Jabar. MLS #O6415113.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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