tomo logo

$280,000

Beds
3
Baths
2.0
sq ft
1,374

2629 Rainbow Dr, Fort Pierce, FL 34981

2629 Rainbow Dr

Fort Pierce, FL 34981

  • <1 day on market
GREAT OPPORTUNITY FOR INVESTORS. TENANT LEASE EXPIRES 8/31/2025 (negotiable). Located in a quiet neighborhood with no through traffic. The features of this solid concrete block home include a large open floor plan consisting of the living room, dining room, breakfast area, and two bedrooms. Teraso flooring in most of the house and tile in the other rooms (no carpet). Leading through the French doors off the dining room is a large room with a fireplace, and bathroom with a shower. This room can serve as a bonus room, large guest room or potential primary bedroom. The kitchen has a newer fridge (2023), and electric stove. There is a separate exterior laundry room with washer and dryer and 2023 HW heater. Other upgrades include the 2022 AC, and a 2023 new shingle roof.

Details

Property type

Single Family Residence

Est. home value

$262,775

Lot size

0.32 acres

Price per sq ft

$204

Year built

1958

Annual property taxes

$5,350

Price History

03/06/2025
Beaches

Beaches #R11068652

Listed
$280,000
+12%
05/31/2023
Beaches

Beaches #R10880579

Sold
$250,000
+61.29%
06/03/2021
Beaches

Beaches #R10716148

Sold
$155,000

Schools & Community

Neighborhood: 

White City

Elementary school: 

Unknown

Middle school: 

Southern Oaks

High school: 

Fort Pierce Central

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$100,947
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$156,653
Cash to seller
$100,947

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Clearedge Lending Llc

Loan start date

May 2023

Original loan amount

$160,000

Est. remaining balance

$156,653

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

V&T Florida Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/06/2025 at 7:30 PM

Listing updated: 03/06/2025 at 6:15 PM

Listed by: Karen Poates, The Keyes Company Phone #: (772) 343-7261

MLS: Beaches #R11068652

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