Nearby rentals
Renter hub
Property management
Features
| Central Air |
Appliances
| Electric |
Grounds
| Garage Parking | Outdoor Space |
| Storage | Swimming Pool |
Other
| Architecture Style: Ranch | Heat Pump Heating |
One-time.
One-time. Refundable.

Property Status: Active Welcome to 141 Rainbow Dr NW, a versatile gem in Fort Walton Beach - no HOA, room for a pool, and endless potential. Whether you're looking for a comfortable primary home, a solid long-term rental, or your next Airbnb investment, this property delivers. Set on a spacious lot in a quiet, established neighborhood, this move-in ready home features 2 bedrooms, 1.5 bathrooms, and a wide-open floor plan. The seller has already taken care of the big stuff - brand new roof, new hot water heater, - so you can move in with peace of mind. Inside, you'll find luxury vinyl plank (LVP) flooring throughout, fresh interior paint, all-new light fixtures, and a completely updated kitchen with new cabinets, countertops, and a replaced stove. The bathrooms have been tastefully refreshed with new toilets, fresh paint, updated vanities, and a fully tiled walk-in shower with a new glass enclosure. The coffered ceiling in the bathroom adds a touch of custom charm you don't often see in this price point. Enjoy your morning coffee in the screened-in sunroom, and wind down in the fully fenced backyard, ideal for pets, kids, or entertaining. Need extra space? The detached bonus room makes a great home office, man cave, or creative space, and the new backyard shed adds even more storage. The well-fed irrigation system keeps your lawn green year-round. Want to build equity fast? There's plenty of upside potential to convert the half bath to a full, or enclose the carport to create a 3 bed / 2 bath layout. Centrally located by Eglin AFB, Hurlburt Field, the beach, shopping, and dining, this home offers the location, upgrades Office Phone: (239) 246-8097 Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Source: Florida Gulf Coast Multiple Listing Service, Inc.|MLS Listing No. 2026022216
| Neighborhood | Northwest |
|---|---|
| Zip code | 32548 |
| Type | House for rent |
2-bedroom apartments at 141 Rainbow Dr Nw cost about 21% less than the average rent price for 2-bedroom apartments in Northwest.
| Month | Median Rent |
|---|---|
| May 2024 | $1,650 |
| June 2024 | $1,605 |
| July 2024 | $1,615 |
| August 2024 | $1,679 |
| September 2024 | $1,631 |
| October 2024 | $1,603 |
| November 2024 | $1,600 |
| December 2024 | $1,600 |
| January 2025 | $1,590 |
| February 2025 | $1,596 |
| March 2025 | $1,582 |
| April 2025 | $1,540 |
| May 2025 | $1,541 |
| June 2025 | $1,550 |
| July 2025 | $1,550 |
| August 2025 | $1,532 |
| September 2025 | $1,510 |
| October 2025 | $1,510 |
| November 2025 | $1,500 |
| December 2025 | $1,509 |
| January 2026 | $1,500 |
| February 2026 | $1,500 |
| March 2026 | $1,512 |
| April 2026 | $1,600 |
| May 2026 | $1,600 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,375 |
| June 2024 | $1,700 |
| November 2024 | $1,435 |
| December 2024 | $1,483 |
| January 2026 | $1,500 |
| February 2026 | $1,554 |
| March 2026 | $1,497 |
| April 2026 | $1,495 |
Can I afford to live at 141 Rainbow Dr Nw?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$47,400/yr
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