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540 S Rainbow DrHollywood, FL 33021

For Sale

$609,900

Smart Buyer Rebate $6,099

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!

Listed by Evan Feig

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License #3242919

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Compass Florida, LLC

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7868738106

Listed by Yana Govorukhina

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License #3575906

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Compass Florida, LLC

Last updated October 18, 2026

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Source: SEF #A12100630

Listing Facts

  • TypeSingle-family
  • NeighborhoodHollywood Hills
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu26
  • Taxes$2,826/year
  • Size1,506 sqft
  • Price per sqft$405

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Swimming Pool

Location

Mortgage Calculator

Listing History

10/26/2026
Price Decreased
$609,900
10/05/2026
Listed by Compass Florida, LLC
$629,000
  1. 10/26/2026$609,900
    Price Decreased
  2. 10/05/2026$629,000
    Listed by Compass Florida, LLC

Property Details for 540 S Rainbow Dr

Association

Amenities

  • Community Features: Street Lights

Exterior

Construction

  • Roof: Shingle
  • Stories: 1
  • Year Built: 1966
  • Year Built Details: Effective Year Built
  • Architectural Style: Detached, One Story
  • Construction Materials: Block, Concrete

Features

  • Direction Faces: West
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • View: Other, Pool

Measurements

  • Building Area Total: 1,920
  • Lot Size Area: 6,391
  • Lot Size Square Feet: 6,391
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 514207030860
  • Tax Annual Amount: $2,826.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring: Laminate, Tile

Measurements

  • Living Area: 1,506

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Other

Location

  • Subdivision Name: HOLLYWOOD HILLS

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Other

Schools

Elementary School

  • Elementary School: Orange Brook

High School

  • High School: South Broward

Middle or Junior School

  • Middle Or Junior School: Olsen

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 2 bathrooms in this single-family home at 540 S Rainbow Dr.

What schools are nearby to 540 S Rainbow Dr?

Nearby schools include the Orange Brook Elementary School, Olsen Middle School, and South Broward High School.

Does this single-family home have parking?

Yes, there is 1 parking space available for 540 S Rainbow Dr.

What are the annual taxes for 540 S Rainbow Dr?

Annual taxes for this single-family home are estimated at $2,826.

How does 540 S Rainbow Dr compare to other single-family homes in Hollywood Hills?

This single-family home is listed 26% below the average price for single-family homes in Hollywood Hills and has been on the market for 138 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,506 sqft.

540 S Rainbow Dr is a 3-bedroom, 2-bath single-family home for sale in Hollywood FL 33021. Listed on Prevu for 26 days at $609,900. This includes a recent price decrease of $19,100. This residence features 1,506 square feet of living space, located in Hollywood Hills. The median listing price for single-family homes in this area is $699,000. Nearby schools include Orange Brook Elementary School, Olsen Middle School, and South Broward High School. Additional amenities include private outdoor space, dishwasher, air conditioning, swimming pool, and washer/dryer. Explore more single-family home listings in Hollywood.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.