Under contract-accepting backup offers. 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.
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.
Property Details
Price:
$352,900
MLS #:
TB8470817
Status:
Pending
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
METES & BOUNDS
Neighborhood:
34981fortpierce
Listed Date:
Jan 30, 2026
Finished Sq Ft:
4,080
Total Sq Ft:
4,732
Lot Size:
15,246 sqft / 0.35 acres (approx)
Year Built:
1957
See this Listing
Schools
Interior
Appliances
Other
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Concrete, Laminate, Other, Tile, Vinyl, Hardwood
Heating
Central, Electric
Interior Features
Other
Laundry Features
Laundry Room
Levels
Two
Exterior
Construction Materials
Wood Frame, Wood Siding
Direction Faces
North
Exterior Features
Other
Roof
Metal
Financial
Tax Year
2025
Taxes
$6,100
Map
Community
- Address2559 RAINBOW DRIVE FORT PIERCE FL
- SubdivisionMETES & BOUNDS
- CityFORT PIERCE
- CountySt Lucie
- Zip Code34981
Subdivisions in FORT PIERCE
- ANACOSTIA
- AVALON CROSSING PH II
- COCONUT COVE MARINA
- CORAL SANDS
- CRAMERS ADD
- FIRST SOURCE COMMERCE PARK CONDO
- FORT PIERCE SUB
- GARDEN CITY FARMS
- GOLF VILLAS
- HIBISCUS BY THE SEA CONDO
- HOLIDAY PINES SUB PH I
- INDIAN RIVER ESTATES
- ISLE SHORES
- LAKEWOOD PARK
- MARAVILLA GARDENS SUB
- METES & BOUNDS
- MONTE CARLO COUNTRY CLUB
- OCEANIQUE OCEANFRONT A CONDO
- ORANGE BLOSSOM ESTATES
- PARADISE PARK
- PLAT OF ALTADENA
- SAN LUCIE PLAZA SUB
- SOUTHERN PINES
- SPANISH LAKES FAIRWAYS
- SUNLAND GARDENS
- SURFSIDE HARBOR
- WATERSONG SOUTH PUD ONE
Market Summary
Current real estate data for Single Family in FORT PIERCE as of Apr 29, 2026
30
Single Family Listed
123
Avg DOM
214
Avg $ / SqFt
$325,596
Avg List Price
Property Summary
- Located in the METES & BOUNDS subdivision, 2559 RAINBOW DRIVE FORT PIERCE FL is a Single Family for sale in FORT PIERCE, FL, 34981. It is listed for $352,900 and features 5 beds, 4 baths, and has approximately 4,080 square feet of living space, and was originally constructed in 1957. The current price per square foot is $86. The average price per square foot for Single Family listings in FORT PIERCE is $214. The average listing price for Single Family in FORT PIERCE is $325,596. To schedule a showing of MLS#tb8470817 at 2559 RAINBOW DRIVE in FORT PIERCE, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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Courtesy of RICHARD PETERS REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 2559 RAINBOW DRIVE
FORT PIERCE, FL