551 7th Lane SW, Vero Beach, FL 32962

New Listing

$165,000

There is a bedroom on the left thats not depicted in the line up of photos

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,460 Status: Active

Current Price: $165,000 List Date: 3/28/2026 Last Modified: 3/28/2026

Overview

Description

551 7th Lane SW is full of opportunity and ready to shine! With just a little work, this CBS home can be transformed into the perfect investment or ideal first-time home. Featuring durable LVP flooring, a designated laundry room, and a converted carport for added living space, it offers flexibility and function. The large Florida room in the back is perfect for relaxing or entertaining. Conveniently located near hospitals, beaches, rivers, and shopping, this property combines location, potential, and value—don't miss your chance to make it your own!

Listing Details MLS# B26008024

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 2
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 1460
Building Area Source: Appraiser
Living Area Main: 908
Living Area Source: Appraiser
Accessibility Features YN: Yes
Year Built: 1956
Carport YN: Yes
Attached Carport YN: Yes
Carport Spaces: Yes
Covered Spaces: Yes
Parking Total: 4
Gated Community YN: No
Lot Size Area: 6534
Lot Size Acres: 0.15
Senior Community YN: No
Stories Total: Yes
Stories: Yes
Direction Faces: North
Fireplace YN: No
Pool Private YN: No
LP/Assessed Value: 1.73

Property Features

Accessibility Features: Accessible Kitchen Dining Area: Family/Dining Combination; Florida/Dining Combination Exterior Features: Storage Flooring: Carpet; Tile; Vinyl Foundation Details: Slab Parking Features: Concrete; Attached Carport; Carport Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Electric Range; Refrigerator Architectural Style: Ranch Construction Materials: CBS Cooling: Central Air Fencing: None Heating: Central Interior Features: None Laundry Features: Laundry Room Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Main Living Area: Entry Level Other Structures: Shed(s) Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: County Road; West of US-1 Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Roof: Other Security Features: None Sewer: Septic Tank Sprinkler Description: None Storm Protection Details: Storm Shutters Structure Type: House Tax Information: Homestead Exemption Utilities: Cable Connected; Electricity Connected; Water Connected View: Other Water Access: None Water Source: Public Window Features: Plantation Shutters; Shutters Showing Requirements: Call Listing Agent; Occupied; Text Listing Agent Occupant Details: Owner Occupied Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Listing Contract Date: 2026-03-26
Original List Price: 165000
Occupant Type: Call Listing Agent
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Indian River
Street Number: 551
Street Name: 7th
Street Suffix: Lane
Street Direction Suffix: SW
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 32962
Postal Code +4: 4720
Subdivision Name: DIXIE GARDENS UNIT 2
Area: 6341 - County Southeast (IR)
Geographic Area: INRV - Indian River
Elementary School: Vero Beach
Middle Or Junior School: Oslo
High School: Vero Beach
Special Assessment YN: No
Parcel Number: 333924000090000000370
Subdivision Number: 40000
Zoning: RS-6
Flood Zone: X
Directions: from us1 head west on Oslo road, head north onto old Dixie hwy, make left hand turn on 7th ln sw, head down almost to end of road, house on the left

Financial Information

Master Association YN: No
Membership Fee Required YN: No
Tax Annual Amount: 1075.81
Tax Year: 2025
Tax Assessed/SOH Value: 95521
Tax Legal Description: DIXIE GARDENS UNIT NO 2 LOT 37 PBI 4-49
Assessor Market Value: 147437
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-03-28T02:51:58Z
Major Change Type: New Listing
Status Change Date: 2026-03-27

More Information

Parking Information

Open Parking Spaces: 4

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: 2

Pet Details

Pet Fee YN: No

Showing Details

Pet(s) on Premises: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 113.01

Originating Details

Originating System Key: 20260328023046520464000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Accessibility Features

Accessible Kitchen: Yes

Dining Area

Family/Dining Combination: Yes
Florida/Dining Combination: Yes

Exterior Features

Storage: Yes

Flooring

Carpet: Yes
Tile: Yes
Vinyl: Yes

Foundation Details

Slab: Yes

Parking Features

Concrete: Yes
Attached Carport: Yes
Carport: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Fencing

None: Yes

Structure Type

House: Yes

Other Structures

Shed(s): Yes

Possession

Close Of Escrow: Yes

Sewer

Septic Tank: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Water Connected: Yes

View

Other: Yes

Heating

Central: Yes

Sprinkler Description

None: Yes

Water Access

None: Yes

Window Features

Plantation Shutters: Yes
Shutters: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Refrigerator: Yes

Construction Materials

CBS: Yes

Interior Features

None: Yes

Laundry Features

Laundry Room: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Road Frontage Type

County Road: Yes
West of US-1: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Asphalt: Yes

Roof

Other: Yes

Security Features

None: Yes

Water Source

Public: Yes

Architectural Style

Ranch: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes
Occupied: Yes
Text Listing Agent: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

None: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Storm Protection Details

Storm Shutters: Yes

Tax Information

Homestead Exemption: Yes

Occupant Details

Owner Occupied: Yes

Room Information

Kitchen Length: 12.00 Length: 12.00 Width: 12.00 Width: 12.00 Level: Main Remarks: check for accuracy Living Room Length: 16.00 Length: 16.00 Width: 14.00 Width: 14.00 Level: Main Remarks: check for accuracy Master Bedroom Length: 12.00 Length: 12.00 Width: 13.00 Width: 13.00 Level: Main Remarks: check for accuracy

Listing Office: Freedom Homes & Property Management LLC

Last Updated: March - 28 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

551 7th Lane SW, Vero Beach, FL 32962 (MLS# B26008024)