Palm Beach
17065 Rainbow Fls Trail
101
Map
$2,599,000
↓ $36K (1.4%)
●
House -
For Sale
17065 Rainbow Fls Trail
Boca Raton, FL 33496
5 Beds
5 Baths,
1
Half Bath
4,996 Ft²
$15,408
Est. Monthly
$720
HOA / Fees
About This Property
The only Sumatra currently available in Lotus offering a
first-floor primary suite, this nearly 5,000-square-foot residence
combines highly desirable main-level living with one of the most
extensively redesigned custom kitchens in the community. The
spacious primary retreat features dual walk-in closets and a
spa-inspired bath, while the home offers 5 bedrooms and 5.1 baths
with generous additional living space upstairs. The
centerpiece of the home is a completely removed and rebuilt custom
kitchen designed far beyond the original builder's layout. It
showcases extensive custom cabinetry with drawer-within-drawer
storage systems, integrated interior cabinet and drawer lighting,
built-in charging stations, imported Italian porcelain countertops
and backsplash, coordinated porcelain detailing at the hood, an
oversized waterfall island, a 66-inch built-in refrigerator,
48-inch gas range, microwave drawer with air-fryer, paneled
dishwasher, and dual oversized illuminated pantries.
Unit Size
4,996 Ft²
Days on Market
36 days
Land Size
0.18 acres
Price per sqft
$520
Property Type
House
Property Taxes
$1,926
HOA Dues
$720
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 16 days ago (Beaches MLS #B26059332)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$2,599,000
↓ $36K
(1.4%) | |
| Price Decreased | |||
| Oct 17, 2026 | Price Increased |
$2,635,000
↑ $66K
(2.6%) | |
| Price Increased | |||
| Oct 7, 2026 | Price Decreased |
$2,569,000
↓ $6K
(0.2%) | |
| Price Decreased | |||
| Aug 2, 2026 | Listed by RARE Real Estate | $2,575,000 | |
| Listed by RARE Real Estate | |||
Property Highlights
Garage
Parking Available
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Door Opener, Open, Paver Block, On Street
Garage Spaces: 3
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Breakfast Bar, Bidet, Built-in Features, Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, High Ceilings, Kitchen Island, Other, Pantry, Storage, BedroomOnMainLevel, Bathtub, DiningArea, SeparateFormalDiningRoom, DualSinks, FamilyDiningRoom, KitchenDiningCombo, CustomMirrors, MainLevelPrimary, SittingAreaInPrimary
Appliances: Cooktop, Dryer, Dishwasher, Free-Standing Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Water Purifier Owned, Range, Refrigerator, Vented Exhaust Fan, Water Heater, Water Purifier, Washer
Flooring Type: Ceramic Tile, Engineered Hardwood, Other, Tile, Wood
Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, Main Level, Laundry Room, Sink, LaundryTub
Rooms: 13
Exterior Details
Square Footage: 4996
Square Footage Source: $0
Security Features: Security System, Fire Alarm, Security Gate, Gated with Guard, Gated Community, Smoke Detector(s), Security Fence, Security Guard, Security Lights
Property Condition: Resale
Architectural Style: Art Deco, Contemporary
Year Built: 2022
Waterfront Features: Lake Front, Other
Builder Name: GL Homes
Builder Model: Sumatra
Building Area Total: 6485
Levels: Two
Window Features: Drapes, Storm Window(s), Sliding
Construction Materials: Block, Concrete, CBSConcreteBlockStructure
Patio and Porch Features: Covered, Patio, Open, Balcony
Pool Features: Association, Heated
Lot Features: Landscaped, Zero Lot Line, SprinklersAutomatic, SprinklerSystem, LessThanQuarterAcre
Lot Size Area: 7840.8
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Water Source: Public
Financial Details
Tax Assessed Value: $1,472,207
Tax Annual Amount: $23,115
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric, Humidity Control, Zoned
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Sewer, Security, Trash, Water, CommonAreas, RecreationFacilities
HOA/Condo/Coop Amenities: Basketball Court, Cabana, Clubhouse, Fitness Center, Maintenance Grounds, Gated, Management, Maintenance, Picnic Area, Playground, Pool, Parking, Recreation Facilities, Spa/Hot Tub, Security, Tennis Court(s), BikeStorage, Pickleball, Restaurant, Sidewalks
HOA Fee: $720
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 2 Beds
- 2 Baths
- 1,728 ft²
$9,000 /mo
- 2 Beds
- 2 Baths
- 1,311 ft²
Listed by: Ave Horowitz
RARE Real Estate
Last Updated: 16 days ago
Data Source: Beaches MLS, MLS# B26059332
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
RARE Real Estate
Last Updated: 16 days ago
Data Source: Beaches MLS, MLS# B26059332
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017