2559 RAINBOW DR, Fort Pierce, FL 34981

$351,500

Est. payment /mo

$364,999

3.7%
Est.Price: ?

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2559 RAINBOW DR Fort Pierce, FL 34981

5 Beds

4 Baths

4,080 SqFt

SOLD DATE : 08/04/2026

Key Details

Sold Price $351,500

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,080 sqft

Price per Sqft $86

Subdivision Metes & Bounds

MLS Listing ID TB8470817

Sold Date 08/04/26

Bedrooms 5

Full Baths 4

Construction Status Fixer

HOA Y/N No

Year Built 1957

Annual Tax Amount $6,100

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

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

State FL

County St Lucie

Community Metes & Bounds

Area 34981 - Fort Pierce

Zoning RS-3 - COU

Interior

Interior Features Other

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile, Concrete, Laminate, Other, Tile, Vinyl, Wood

Furnishings Negotiable

Fireplace false

Appliance Other

Laundry Laundry Room

Exterior

Exterior Feature Other

Utilities Available Other

View Y/N No

Water Access No

Roof Type Metal

Exposure North

Garage false

Private Pool No

Building

Entry Level Two

Foundation Block, Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Well

Structure Type Frame,Wood Siding

New Construction false

Construction Status Fixer

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by Ronald Ryder RICHARD PETERS REALTY LLC
Bought with Ronald Ryder RICHARD PETERS REALTY LLC
Roberto Aponte

Roberto Aponte

REALTOR®, CEO | License ID: 3398714

+1(407) 559-8910

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