How much is 540 S Rainbow Drive?

540 S Rainbow Drive is listed at $609,900, which is about $405 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 540 S Rainbow Drive?

The listing reports annual property taxes of $2,826 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 540 S Rainbow Drive built?

540 S Rainbow Drive was built in 1966. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 540 S Rainbow Drive been on the market?

540 S Rainbow Drive has been listed for 13 days, and the asking price has been reduced from $629,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 540 S Rainbow Drive?

The MLS lists Orange Brook (elementary), Olsen (middle), South Broward (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 540 S Rainbow Drive?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

540 S Rainbow Drive, Hollywood, FL 33021

$609,900 · Active

3 beds
2 baths
1,506 sq ft
Single Family Residence
Built 1966
Lot 6,534 sq ft
1,920 sq ft total
1 garage space
Broward County
MLS# A12100630
Hollywood Hills

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About this home

Your Hollywood Hills lifestyle awaits! This charming 3-bedroom, 2-bath pool home with garage, offers the perfect blend of comfort, privacy, and South Florida living. Step outside to your own private backyard oasis, complete with a sparkling pool and brand-new pool pump. Additional updates include a 2018 Roof, 2020 A/C, and brand-new shutters. Nestled in the desirable Hollywood Hills neighborhood, this home puts you close to parks, shopping, dining, Downtown Hollywood, beautiful beaches, and major roadways. A wonderful opportunity to call one of Hollywood’s established neighborhoods home!

Features

In Ground

Schools

Elementary: Orange Brook
Middle: Olsen
High: South Broward

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · mlsfl@compass.com · Listing agent: Evan J Feig

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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 BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 540 S Rainbow Drive.

Questions About 540 S Rainbow Drive

How much is 540 S Rainbow Drive?: 540 S Rainbow Drive is listed at $609,900, which is about $405 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 540 S Rainbow Drive?: The listing reports annual property taxes of $2,826 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 540 S Rainbow Drive built?: 540 S Rainbow Drive was built in 1966. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 540 S Rainbow Drive been on the market?: 540 S Rainbow Drive has been listed for 13 days, and the asking price has been reduced from $629,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 540 S Rainbow Drive?: The MLS lists Orange Brook (elementary), Olsen (middle), South Broward (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 540 S Rainbow Drive?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 3 bedroom home at 4300 GRANT Street, Hollywood, FL 33021 is comparable and listed for sale at $649,999. Another comparable home, 4014 Johnson Street, Hollywood, FL 33021, sold for $610,000 in August 2026. Other Hollywood neighborhoods include Hollywood Little Ranches and Orangebrook. Nearby ZIP codes include 33019 and 33020. This property also neighbors Aventura, Sunny Isles Beach, and Davie. Compare it with the Hollywood housing market report.