Red orb came down from sky, then went straight back up into the sky

I was driving southbound on Missouri Avenue in Clearwater, Florida near the Clearwater/Largo city limit. To my slight left, I saw a bright red glowing orb come down from the sky in a rectilinear fashion, then subsequently rise back upward again in the same manner. Sort of like an elevator. From the naked eye, it didn't appear to have a trail like an asteroid would. It happened very quickly and as I was driving, so unfortunately I was unable to capture the event and even if I could I don't think I would have been able to capture it quick enough.