2559 RAINBOW DRIVE

House For Sale

$385,999

BTC: 6.12696825

ETH: 221.07617411

-$44K (2026/06/01)

125 days

For Sale

House

5 bds •

4 ba •

4,080 sqft

Overview

Located in one of Fort Pierce’s most desirable neighborhoods on a quiet, pleasant street, this massive 4,000+ square foot, 5-bedroom, 4-bath residence is a truly rare opportunity. Originally planned as a high-end luxury renovation, the project was well underway but not fully completed- creating a chance to step in at an incredible price, finish the remaining details, and unlock substantial upside. Ideal for an investor fix-and-flip or a savvy buyer looking to create a one-of-a-kind family home, this is a true 1-of-1 opportunity. Surrounded by natural forestry and tucked away on a serene street, the property offers a private, estate-like setting rarely found. A long driveway framed by mature trees and lush greenery creates a strong sense of seclusion, while the expansive front yard provides an impressive buffer from neighboring homes and a peaceful retreat-style atmosphere. Inside, a grand open-concept living space is filled with natural light from oversized windows and multiple glass doors. The expansive layout flows seamlessly into the kitchen, anchored by a large center island with generous cabinetry and counter space, offering the perfect canvas for a high-end custom finish. High ceilings and wide sightlines enhance the sense of volume, creating a space that feels both elevated and inviting. The bathrooms feature a refined, spa-inspired design with sleek finishes, custom tilework, walk-in showers, and a statement soaking tub in the primary bath. The bedrooms are spacious, private retreats, including an upstairs bedroom accessed by a custom staircase, ideal as a primary suite, guest retreat, or in-law setup. From a renovation standpoint, this is a value-add, finish-out project rather than a full rebuild. Portions of the home are mid-renovation and ready for drywall completion, trim, paint, select flooring, and fixtures, with framed and roughed-in areas allowing flexibility to finalize layouts, storage, and closets. The backyard offers exceptional privacy with mature trees, ample space for entertaining or future enhancements, and a covered patio extending the living space outdoors. Additional features include a 2018 metal roof, well water and septic, two water heaters (2016 and 2022), and two A/C units (2016 and 2018), with one unit currently not blowing cold. Electrical is in good working order, some plumbing remains unfinished, and the garage conversion was not permitted. No HOA and no rental restrictions provide complete freedom and flexibility. Priced extremely aggressively as one of the lowest price-per-square-foot homes in the zip code, this is a standout opportunity to finish the remaining work and capture significant instant equity. Whether you’re an investor looking to complete a high-upside fix-and-flip, or a savvy buyer seeking a rare, spacious, and truly unique home to finish to your taste and place your family in long term- this property delivers exceptional value, flexibility, and upside that is rarely found.

Location

Florida • FORT PIERCE • 34981 • House • For Sale

Details

Type:

Residential

Parking:

No Data

Year Built:

1957

Lot:

0.35 Acres

Heating:

Central / Electric

Price/sqft:

$95

Cooling:

Central Air

HOA:

No Data

Type:

Residential

Parking:

No Data

Year Built:

1957

Lot:

0.35 Acres

Heating:

Central / Electric

Price/sqft:

$95

Cooling:

Central Air

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Highlights

Annual tax

$6,100

2025

Furnished

Negotiable

All facts and features

Flooring

• Ceramic Tile

• Concrete

• Laminate

• Other

• Tile

• Vinyl

• Hardwood

Heating

• Central

• Electric

Cooling

• Central Air

Appliances

• Other

Other interior features

• Other

Bedrooms and bathrooms

• Bedrooms: 5

• Full bathrooms: 4
Property

• Levels: Two

• Exterior Features: Other

Lot

• Lot: 0.35 Acres

Other Property Information

• Parcel Number: 340541400070002

• Zoning: RS-3 - COU
Type and style

• Property Type: Residential

• Property Sub Type: Single Family Residence
Utility

• Other
Other financial information

• Annual tax amount: $6,100
Source details

• MLS ID: TB8470817

Other facts

• Construction Materials: Wood Frame / Wood Siding

• Foundation Details: Block / Slab

• Laundry Features: Laundry Room

• Direction Faces: North

• Living Area: 4080

• Water Source: Well

• Subdivision Name: METES & BOUNDS

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RICHARD PETERS REALTY LLC

2559 RAINBOW DRIVE

Overview

Location

Details

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

Other

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