Property
ActiveResidential
1/43
$364,999

2559 RAINBOW DRIVE

Fort Pierce, FL 34981
5
Beds
4
Baths
4,080
SqFt
0.35
Acres
STELLAR
#TB8470817
Updated: Jun 30, 2026, 3:23pm

Property Description

<OFFERING SELLER-FINANCE><OFFERING SUBJECT-TO><LAST PRICE REDUCTION><FIRE SALE><HIGHEST & BEST BY 06/29/26> 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.
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Property Details

Interior
Appliances
Other
Bathrooms Total Decimal
4
Building Area Total
4732
Cooling
Central Air
Flooring
Ceramic TileConcreteLaminateOtherTileVinylHardwood
Furnished
Negotiable
Heating
CentralElectric
Interior Features
Other
Laundry Features
Laundry Room
Living Area
4080
Rooms Total
3
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Wood FrameWood Siding
Direction Faces
North
Foundation Details
BlockSlab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Fixer
Roof
Metal
Year Built
1957
Site & Exterior
Exterior Features
Other
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.35
Lot Size Area
15246
Lot Size Square Feet
15246
Lot Size Units
Square Feet
Public Survey Range
40
Public Survey Section
05
Road Surface Type
AsphaltConcrete
Sewer
Septic Tank
Total Acreage
1/4 to less than 1/2
Utilities
Other
Water Source
Well
Zoning
RS-3 - COU
Financials
Calculated List Price By Calculated Sq Ft
89.46
Contract Status Change Date
2026-01-30
Current Price
364999
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Owner Name
CHRISTOPHER K & DEBORAH D MOURA
Ownership
Fee Simple
Parcel Number
340541400070002
Public Survey Township
36
Tax Annual Amount
6100
Tax Book Number
4-46
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 Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34981 - Fort Pierce
Subdivision Name
METES & BOUNDS
Listing provided courtesy of STELLAR via IDX. Updated: Jun 30, 2026, 3:23pm.
Ronald Ryder

Listing Agent

RICHARD PETERS REALTY LLC

Call Agent