$399,900

2559 Rainbow Drive

Fort Pierce, FL 34981

Active
5
Beds
4
Baths
4,080
Sq Ft
0.35
Acres
1957
Built
$98/sqft360° tour
🏠Single Family Residence

Property type

🏗️1957

Year built

📐15,246 sqft

Lot size

📊$98

Price / sq ft

🏘️No HOA

HOA dues

📅84

Days on market

🌊X

Flood zone

About this home

<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.

Estimated monthly payment

Principal & interest$2,022
Property taxes$508
Home insurance (est.)$183

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history84 days on market

  1. Status: Active
    May 20, 2026
  2. Listed$429,999
    Jan 30, 2026
  3. Price reduced$399,900

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
84
Subdivision
Metes & Bounds
County
St Lucie
Year built
1957
Living area
4,080 sq ft
Price/sq ft
$98
Building area
4,732 sq ft (Public Records)
Lot size
15,246 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12111C0276K)
Annual taxes
$6,100 (2025)
Parcel #
34-05-414-0007-0002
Zoning
RS-3 - COU
MLS #
TB8470817

Interior Details

Bedrooms
5
Full bathrooms
4
Flooring
Ceramic Tile, Concrete, Laminate, Other, Tile, Vinyl, Wood
Appliances
Other
Interior features
Other
Laundry
Laundry Room
Stories / Levels
Two
Direction faces
North

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Other
Construction materials
Frame, Wood Siding
Roof
Metal
Foundation
Block, Slab
Road surface
Asphalt, Concrete

Utilities

Sewer
Septic Tank
Water source
Well
Utilities
Other

Room Details

RoomLevelDimensions
Primary BedroomSecond
Living RoomFirst
KitchenFirst

Listing Details

Listing date
2026-01-30
On market date
2026-01-30
Original list price
$429,999
Occupant type
Vacant
MLS area
34981 - Fort Pierce
Listing AOR
Suncoast Tampa
Status changed
2026-05-20
Tax legal description
5 36 40 FROM NE COR OF N 375 FT OF S 1/2 OF NE 1/4 OF SE 1/4 RUN W 25 FT, TH S 254 FT, TH W 125 FT TO POB, TH CONT W 125 FT, TH S 121 FT, TH E 125 FT, TH N 121 FT TO POB (0.35 AC) (OR 4004-120)

Flood risk

Minimal riskFEMA Zone XPanel 12111C0276K

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Take Exit 142 for FL-70 E / Okeechobee Road toward Ft. Pierce At the end of the ramp, turn left onto FL-70 E Continue approx. 2.5–3 miles, then turn right onto US-1 S / Dixie Hwy After ~1.2 miles, turn left onto Rainbow Dr Continue straight — the destination will be on the right:

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 27, 2026 at 6:10 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA