Rainbow Lakes Pembroke Pines in Pembroke Pines

Rainbow Lakes Pembroke Pines
Homes for Sale in Pembroke Pines, FL

Community in Pembroke Pines · Broward County
58 homesBuilt 1977–1989
Free · No obligation
Talk to a Rainbow Lakes Pembroke Pines Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive Beaches MLS dataFL DOR public recordsUpdated twice daily
Live · Rainbow Lakes Pembroke Pines Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2.4mo
Supply
3 to 6 months is the balanced band
33%
Under contract
Broward: 20% (270 of 1,315)
2 · 1
For sale · pending
live counts, refreshed twice daily
Ownership and context
84%
Owner-occupied · Rainbow Lakes Pembroke Pines
49 of 58 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Rainbow Lakes Pembroke Pines
incl. 5% trust or LLC-held · 100% out-of-state
58
Homes in the community
58 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1977
Community established
homes built 1977-1989, median 1978 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Rainbow Lakes is a small, established pocket of 58 homes in Pembroke Pines, and the numbers reflect that scale more than anything else. With only 2 active listings against 2.4 months of supply, this is a seller-leaning market simply because there is so little to choose from at any given time — a single listing coming or going can swing the read on inventory.

Pricing here is going to be driven by condition and updates more than location within the community, since the homes were largely built within a tight window (1977 to 1989, median year built 1978). A buyer should expect to evaluate each listing on its own merits — roof age, kitchen and bath updates, systems — rather than assume uniform value across the neighborhood.

Rainbow Lakes Pembroke Pines Housing Pulse · Momentum Research · as of July 15, 2026

Rainbow Lakes Pembroke Pines right now

🔴 Seller-leaning market. 2.4 months of supply and 33% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of July 15, 2026. Confidence: Low (3 active and pending listings, 0 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Best for

  • Buyers focused on a specific Pembroke Pines location who can move decisively when a listing appears
  • Buyers comfortable evaluating an older-built home (1977–1989) on its own condition and updates
  • Buyers seeking a larger footprint, given the median living area near 2,170 square feet

Probably not for

  • Buyers who want to compare multiple active listings before deciding
  • Buyers prioritizing on-site community amenities, since none were identified from current listings
  • Buyers on a tight timeline who cannot wait for the right listing to surface in a 58-home community

The market around Rainbow Lakes Pembroke Pines

Rainbow Lakes Pembroke Pines is too small for its own price trend, so here is the market around it.

Across Broward County, 1,045 homes are active and 270 pending (20% under contract).

ZIP and county figures describe the wider market, not Rainbow Lakes Pembroke Pines specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Rainbow Lakes Pembroke Pines, Pembroke Pines

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 38 listings

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Rainbow Lakes Pembroke Pines

Live MLS inventory for Rainbow Lakes Pembroke Pines. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Rainbow Lakes Pembroke Pines listings as of 2026-07-15, priced high to low. 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. Tap any home to ask about it.

Listing locations from Beaches MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Broward County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pasadena Lakes · Elementary
  • Pines · Middle
  • Charles W. Flanagan · High

Zoned schools reflect the assignments reported on recent Rainbow Lakes Pembroke Pines listings and can change; always confirm with Broward County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Rainbow Lakes Pembroke Pines address.

If we were buying in Rainbow Lakes Pembroke Pines today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Rainbow Lakes Pembroke Pines.

Best Buy
Buyers targeting a specific, established Pembroke Pines pocket who are prepared to act when a home comes available.
Biggest Risk
Thin supply means limited ability to compare options before committing.
Sweet Spot
Homes updated to reflect their age (built 1977–1989) tend to stand out in a market this small.
Avoid If
You want a wide selection to compare or rely on shared community amenities as part of the decision.

A small, tightly-held pocket

At 58 total homes, Rainbow Lakes doesn't generate the kind of listing volume that lets you shop comfortably across multiple options at once. With just 2 active listings, buyers interested in this community should expect to act when something suitable comes up rather than wait for a broader selection to develop.

The homestead share of 84.5% is notable — it suggests most owners here have claimed the property as a primary residence for some time, which tends to correlate with lower turnover and fewer opportunistic or investor-driven listings. Combined with the narrow 1977–1989 build window, this points to a community where inventory is scarce not because demand is unusually intense, but because there simply isn't much for sale at any point. No community amenities were identified from current MLS listings, so any evaluation of lifestyle draw should rest on the home and lot itself rather than shared facilities.

The location and the amenities are priced into every listing in Rainbow Lakes Pembroke Pines. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community this thin on inventory, timing and access matter more than usual. We track new listings in Rainbow Lakes as they hit and help buyers move quickly and sellers price against real, current comparables rather than dated or unrelated data.

Rainbow Lakes Pembroke Pines in 15 seconds.

Best forBuyers targeting a specific, established Pembroke Pines pocket who are prepared to act when a home comes available.
Biggest advantageLow inventory keeps competition among sellers minimal when a listing does surface.
Biggest riskThin supply means limited ability to compare options before committing.
Sweet spotHomes updated to reflect their age (built 1977–1989) tend to stand out in a market this small.
Avoid ifYou want a wide selection to compare or rely on shared community amenities as part of the decision.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Rainbow Lakes Pembroke Pines sales matched to your home.

What is your Rainbow Lakes Pembroke Pines home worth?

Get a no-obligation home value based on real comparable sales in Rainbow Lakes Pembroke Pines, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Rainbow Lakes Pembroke Pines on the map →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Broward County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,581/mo
Broward County typical true cost to own
$130/mo
Broward County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Rainbow Lakes Market Scorecard

Buyer-Leaning Market (limited data)

Rainbow Lakes is currently a buyer-leaning market (limited data). About 4.0 months of supply, a median asking price of $699,900, and homes go under contract in about 128 days.

4.0
Months supply
$699,900
Median list
$600,000
Median sold
$402
Per sqft
128
Days on mkt
3/1/9
Active/Pend/Sold

Typical home value in the 33023 ZIP is $456,670, about 30.4% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: BeachesMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Rainbow Lakes Pembroke Pines a buyer's or seller's market right now?
As of July 15, 2026, Rainbow Lakes Pembroke Pines leans toward sellers: 2.4 months of supply at the current sales pace (Beaches MLS live counts).
How many homes are in Rainbow Lakes Pembroke Pines?
The Florida DOR 2025 assessment roll shows 58 homes in Rainbow Lakes Pembroke Pines (public records).
What share of Rainbow Lakes Pembroke Pines is owner-occupied?
84% of Rainbow Lakes Pembroke Pines parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Rainbow Lakes Pembroke Pines built?
Homes in Rainbow Lakes Pembroke Pines were built between 1977 and 1989, with a median year built of 1978 (FL DOR 2025 roll).
Who is the best real estate agent for Rainbow Lakes Pembroke Pines?
The best agent for Rainbow Lakes Pembroke Pines is one who actively works Pembroke Pines and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Rainbow Lakes Pembroke Pines.
How do I find a top Pembroke Pines real estate agent who knows Rainbow Lakes Pembroke Pines?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Rainbow Lakes Pembroke Pines and the wider Pembroke Pines area.
Can Momentum Realty connect me with an agent for Rainbow Lakes Pembroke Pines?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Rainbow Lakes Pembroke Pines purchase or sale - no call center and no pressure.
Buyers focused on a specific Pembroke Pines location who can move decisively when a listing appearsExcellent fit
Buyers comfortable evaluating an older-built home (1977–1989) on its own condition and updatesExcellent fit
Buyers seeking a larger footprint, given the median living area near 2,170 square feetExcellent fit
Buyers who want to compare multiple active listings before decidingProbably not
Buyers prioritizing on-site community amenities, since none were identified from current listingsProbably not
Buyers on a tight timeline who cannot wait for the right listing to surface in a 58-home communityProbably not

Nearby Communities

Explore more neighborhoods near Rainbow Lakes Pembroke Pines with Momentum Realty’s local guides.

RAReflections At Pembroke P Pembroke PinesPembroke Pines, FL · 0.2 miLALakes At Pembroke Pembroke PinesPembroke Pines, FL · 0.5 miPLPasadena Lakes South Pembroke PinesPembroke Pines, FL · 0.9 miPPPark Place Pembroke PinesPembroke Pines, FL · 1.0 miWCWalnut Creek Townhomes Pembroke PinesPembroke Pines, FL · 1.4 miPAPreserve At Walnut Creek Pembroke PinesPembroke Pines, FL · 1.6 miHGHollybrook Golf Tennis Pembroke PinesPembroke Pines, FL · 1.6 miWalnut Creek Pembroke PinesPembroke Pines, FL · 1.6 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsBeaches MLS, refreshed twice daily (last: July 15, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesBeaches MLS records, as of 2026-07-12

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →

More Pembroke Pines & Fort Lauderdale & Broward County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Fort Lauderdale & Broward County or the full Neighborhood Finder.

Buying or selling in Rainbow Lakes? Find the best agent in Rainbow Lakes · Find the best agent in Broward County · Get a cash offer.

Talk to a Local Rainbow Lakes Pembroke Pines Expert
Call Get Listings