Home in 551 7th Lane SW, Vero Beach, FL 32962 for sale with MLS# B26008024

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!

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Days on the market

551 7th Lane SW, Vero Beach, FL 32962

Price
Price:
$165,000.00
Original List Price:
$165,000.00
List Price per Sq Ft (Calculated, Approx.):
$113.01
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
April 1, 2026 2:55 am
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
1
Full Bath:
1
Room Type:
Kitchen, Living Room, Master Bedroom
Rooms Total:
3
Dining Area:
Family/Dining Combination, Florida/dining Combination
Measures
Living Area:
908 Sqft
Built-Up Area:
1,460 Sqft
Building Area Source:
Appraiser
Living Area Source:
Appraiser
Lot Size Acres:
0.15
Property Features
View from the Property:
Other
Waterfront:
No
Accessibility:
Accessible Kitchen
Appliances:
Dishwasher, Refrigerator, Electric Range
Exterior:
Storage
Windows:
Plantation Shutters, Shutters
Other Structures:
Shed(s)
Laundry:
Laundry Room
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
North
Road Responsibility:
Public Maintained Road
Storm Protection Details:
Storm Shutters
Construction
Year Built:
1956
Roof:
Other
Architectural Style:
Ranch
Levels:
One
Construction Materials:
CBS
Flooring:
Carpet, Tile, Vinyl
Number of stories:
1
Structure Type:
House
Stories:
1
Road Frontage Type:
County Road, West Of Us-1
Foundation Details:
Slab
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$1,075.81
Tax Year:
2025
Tax Assessed Value:
$95,521.00
Property Tax Details:
Homestead Exemption
Parking
Parking Total Spaces:
4
Carport Spaces:
1
Covered Spaces:
1
Parking Features:
Attached Carport, Carport, Concrete
Carport
Utilities
Sewer:
Septic Tank
Utilities Available:
Electricity Connected, Water Connected, Cable Connected
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
DIXIE GARDENS UNIT 2
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Occupant Type:
Owner Occupied
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
DIXIE GARDENS UNIT NO 2 LOT 37 PBI 4-49
Real Estate Folio Number (Parcel Number):
333924000090000000370
Zoning:
RS-6
Public Schools Assigned
Elementary School:
Coconut Grove
High School:
Vero Beach
Middle Or Junior School:
Oslo
Listing History
Active on the market since:
March 28, 2026
Listing Agreement executed on:
March 26, 2026
Purchase Contract Date:
March 31, 2026
Listing Status Last Changed On:
April 1, 2026 2:55 am
Photos updated on:
March 28, 2026 3:28 am
Last Modified:
April 1, 2026 2:56 am
Additional Information
Courtesy of:
Freedom Homes & Property Management LLC
Attribution:
Not provided
Road Surface Type:
Asphalt
Location
Street Name:
7th
Street Number:
551
City:
Vero Beach
State:
Florida
Zip Code:
32962
County:
Indian River
Latitude:
N27° 35' 19.6''
Longitude:
W81° 36' 54.3''
Street Suffix:
Lane
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $65,137
Median Home Value $247,700
Median Rent $1,184/mo
Median Age 48
Population 25,629

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.