4 Bed SingleFamilyResidence for Sale in Rainbow Groves
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For SaleMLS# 2026036672

$275,000

4 Bed SingleFamilyResidence for Sale in Rainbow Groves

367 Rosemont Drive, Fort Myers, FL, 33916

4 beds2 baths1,473 sqft1 garage
Gated

About this home

Welcome to this Stunning renovated home In Fort Myers not in the flood zone. The property has been totally renovated from top to bottom like a new home. Step inside, you'll be greeted by stunning porcelain tile that graces the entire house with 5 inches base board gives it the modern feel. The Living room, open concept with Huge kitchen offers great practical space for family and friends gathering and partying. This luxury kitchen carries brand new hardwood cabinets with soft closing features, beautiful quartz countertops, tons of counter space and storage and new stainless-steel appliances. Stunning main bedroom with huge walk-in closet as well as the spa like main bathroom literally take your breath away when you walk in. Property offers new Metal roof, new AC and hot water heater for peace of mind. Home has brand-new LED lighting throughout the entire house. Property is in X zone, so no flood insurance is required. Circle driveway and privacy backyard is the icing on the cake. Enjoy walks in this Peaceful Neighborhood, and Beautiful Sunrises or Breathtaking Sunsets over the Caloosahatchee River! Close to Everything...yet away from it all...Just 5 minutes to I-75 and ANYWHERE YOU NEED OR WANT TO GO! Close to Downtown Riverfront District, Spring Training Ballparks, Universities, Shopping, Restaurants, Schools, Medical Facilities, and a short drive to the RSW International Airport, and the Beaches! Don't miss this Gem near the Riverfront, with no flooding in any hurricane to date!

Property details

Type
SingleFamilyResidence
Year built
1962
Interior
1,473 sqft
Lot size
11,456.28 sqft
Acreage
0.26 acres
Garage
1 car
Days on market
1
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,850/yr
Flood zone (area est.)
Yes · High risk (VE)
Storm protection
None listed
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

Amenities

Sidewalks

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

At marketThis home is priced in line with comparable recent sales.
This home
$187/sqft
Comp median
$200/sqft
Difference
-6%

Based on the $/sqft of 7 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
674 Pine StreetDec 2025$300,0004/41,600$188
4402 Armeda AvenueMar 2026$284,9003/21,361$209
4117 Woodside AvenueFeb 2026$297,0003/21,438$207
3806 Edgewood AvenueDec 2025$285,0003/21,425$200
4637 Elvas AvenueMay 2026$270,0004/21,387$195
3870 Lora StreetFeb 2026$273,0003/21,300$210
Average6 comps$284,983$202

Market trends, Fort Myers

Median list
$319,900
Median $/sqft
$209
Median sold (90d)
$329,000
Avg days on market
97
Active listings
2,498
Median sold price · Fort Myers
$328,625last 3 months1.9% vs $335,000 prior 3 months
Median closed price by month · Fort Myers
5.5% MoM1.8% YoY
$319k$349k$380kJul ’25Aug ’26
$336,000Aug ’26 · 340 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Consider
  • Built 1962 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (VE) — flood insurance likely required
Location convenienceHigh
Hospital
7.6 mi
Cape Coral Hospital
Beach
16.9 mi
Fort Myers Beach
Airport
6.2 mi
Page Field (Fort Myers)
Shopping
5.5 mi
Edison Mall (Fort Myers)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.