To schedule a showing of 2559 Rainbow Drive, Fort Pierce, Florida, Call David Shippey at 863-521-4517 TODAY!
Fort Pierce, FL 34981
- 5Beds
- 4.00Total Baths
- 4 Full, 0 HalfBaths
- 4,080SqFt
- 1957Year Built
- 0.35Acres
- MLS# TB8470817
- Residential
- SingleFamilyResidence
- Active
- Approx Time on Market4 months, 4 days
- Area34981 - Fort Pierce
- CountySt Lucie
- Subdivision Metes & Bounds
Overview
Located in one of Fort Pierces 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 youre 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.
Agriculture / Farm
Association Fees / Info
Bathroom Info
Total Baths: 4.00
Fullbaths: 4
Building Info
Roof: Metal
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Exterior Features: Other
Fees / Restrictions
Financial
Original Price: $429,999
Garage / Parking
Green / Env Info
Interior Features
Floors: Concrete, CeramicTile, Laminate, Other, Tile, Vinyl, Wood
Levels: Two
Laundry Features: LaundryRoom
Interior Features: Other
Lot Info
Direction Remarks: Take Exit 142 for FL-70 E / Okeechobee Road toward Ft. PierceAt the end of the ramp, turn left onto FL-70 EContinue approx. 2.5-3 miles, then turn right onto US-1 S / Dixie HwyAfter ~1.2 miles, turn left onto Rainbow DrContinue straight the destination will be on the right:
Lot Size Units: Acres
Lot Size Acres: 0.35
Lot Sqft: 15,246
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 05
Class Type: SingleFamilyResidence
Property Sub Type: SingleFamilyResidence
Property Condition: Fixer
Construction Materials: WoodSiding, WoodFrame
Stories: 2
Foundation: Block, Slab
Human Modified: Yes
Room Info
Total Rooms: 3
Sqft Info
Sqft: 4,080
Bulding Area Sqft: 4,732
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,025
Tax Lot: NA
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)
Tax Block: N/A
Tax Annual Amount: 6100
Tax Book Number: 4-46
Unit Info
Utilities / Hvac
Heating: Central, Electric
Water Source: Well
Sewer: SepticTank
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: Other
Waterfront / Water
Directions
Take Exit 142 for FL-70 E / Okeechobee Road toward Ft. PierceAt the end of the ramp, turn left onto FL-70 EContinue approx. 2.5-3 miles, then turn right onto US-1 S / Dixie HwyAfter ~1.2 miles, turn left onto Rainbow DrContinue straight the destination will be on the right:This listing courtesy of Richard Peters Realty Llc
If you have any questions on 2559 Rainbow Drive, Fort Pierce, Florida, please call David Shippey at 863-521-4517.
MLS# TB8470817 located at 2559 Rainbow Drive, Fort Pierce, Florida is brought to you by David Shippey REALTOR®
2559 Rainbow Drive, Fort Pierce, Florida has 5 Beds, 4 Full Bath, and 0 Half Bath.
The MLS Number for 2559 Rainbow Drive, Fort Pierce, Florida is TB8470817.
The price for 2559 Rainbow Drive, Fort Pierce, Florida is $385,999.
The status of 2559 Rainbow Drive, Fort Pierce, Florida is Active.
The subdivision of 2559 Rainbow Drive, Fort Pierce, Florida is Metes & Bounds.
The home located at 2559 Rainbow Drive, Fort Pierce, Florida was built in 2026.
The information being provided by © 2026 My Florida Regional MLS DBA Stellar MLS is for the consumer's
personal, non-commercial use and may not be used for any purpose other than to
identify prospective properties consumer may be interested in purchasing. Any information relating
to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX)
program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
MLS IDX data last updated on 06-04-2026 2:00 AM EST.