2559 RAINBOW DR Fort Pierce, FL 34981
5 Beds
4 Baths
4,080 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 4,080 sqft
Price per Sqft $86
Subdivision Metes & Bounds
MLS Listing ID TB8470817
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
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
Roof Type Metal
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
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8470817
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