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About This Home

This 5-bedroom, 4-bathroom single family at 2559 RAINBOW DRIVE in Fort Pierce, FL is listed for $399,900 ($98 per sqft). Built in 1957, the home offers 4,080 sqft of living space on a 0.35 acres lot.

Agent Description

<LAST PRICE REDUCTION><FIRE SALE><HIGHEST & BEST BY 06/05/26> 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.

Key Features

  • Built in 1957
  • 0.35 acre lot

Property Details

4 full
1957

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

2559 RAINBOW DRIVE

Fort Pierce, FL 34981

METES & BOUNDS

Property Details

Flooring

ConcreteLaminateTileTile - CeramicVinylWood

Construction

FrameWood Siding

Heating

CentralElectric (Heating)

Cooling

Central Air

Questions & Answers

This 5-bedroom, 4-bathroom single family at 2559 RAINBOW DRIVE is listed at $399,900 ($98/sqft). The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 0.35 acre lot.

This property is listed by Ronald Ryder and can be reached at 3053029806 or rryder@richardpetersrealty.com.

RR

Ronald Ryder

Agent at RICHARD PETERS REALTY LLC

(305) 302-9806

Listed by RICHARD PETERS REALTY LLC · View on Broker Site

MLS# TB8470817· Source: listhub· Updated 122 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2559 RAINBOW DRIVE, Fort Pierce, FL 34981

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