$165,000
Vero Beach, FL 32962
MLS# B26008024
2 beds | 1 baths | 1460 sqft
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Property 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!
Details
Contract Information
Comp Sale YN: No
Occupant Type: Call Listing Agent
Listing Contract Date: 2026-03-26
Status: Active
Original List Price: 165000
List Price: $165,000
Current Price: $165,000
Listing Service: Full Service
Location and Legal
County Or Parish: Indian River
Municipality Type: Incorporated
Geographic Area: INRV - Indian River
Subdivision Number: 40000
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 551
Street Name: 7th
Street Suffix: Lane
Street Direction Suffix: SW
State Or Province: FL
Postal Code: 32962
Postal Code +4: 4720
Subdivision Name: DIXIE GARDENS UNIT 2
Area: 6341 - County Southeast (IR)
Elementary School: Vero Beach
Middle Or Junior School: Oslo
High School: Vero Beach
Parcel Number: 333924000090000000370
Zoning: RS-6
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
General Property Information
Living Area Main: 908
Living Area Source: Appraiser
Accessibility Features YN: Yes
Attached Carport YN: Yes
Gated Community YN: No
Lot Size Area: 6534
Senior Community YN: No
Stories Total: 1
Stories: 1
Fireplace YN: No
Pool Private YN: No
LP/Assessed Value: 1.73
Property Sub Type: Single Family Residence
Bedrooms Total: 2
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 1460
Building Area Source: Appraiser
Year Built: 1956
Carport YN: 1
Carport Spaces: 1
Covered Spaces: 1
Parking Total: 4
Lot Size Acres: 0.15
Direction Faces: North
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Assessed/SOH Value: 95521
Assessor Market Value: 147437
Tax Annual Amount: 1075.81
Tax Year: 2025
Tax Legal Description: DIXIE GARDENS UNIT NO 2 LOT 37 PBI 4-49
Office/Member Information
DXORIGMLSID: RML
Accessibility Features
Accessible Kitchen: 1
Dining Area
Family/Dining Combination: 1
Florida/Dining Combination: 1
Exterior Features
Storage: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Foundation Details
Slab: 1
Parking Features
Concrete: 1
Attached Carport: 1
Carport: 1
Parking Information
Open Parking Spaces: 4
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Fencing
None: 1
Structure Type
House: 1
Other Structures
Shed(s): 1
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Water Connected: 1
View
Other: 1
Heating
Central: 1
Sprinkler Description
None: 1
Water Access
None: 1
Window Features
Plantation Shutters: 1
Shutters: 1
Appliances
Dishwasher: 1
Electric Range: 1
Refrigerator: 1
Construction Materials
CBS: 1
Interior Features
None: 1
Laundry Features
Laundry Room: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Road Frontage Type
County Road: 1
West of US-1: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Asphalt: 1
Roof
Other: 1
Security Features
None: 1
Water Source
Public: 1
Architectural Style
Ranch: 1
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Occupied: 1
Text Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 1
Main Level Bedrooms: 2
Main Living Area
Entry Level: 1
Master Bedroom/Bath
None: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Storm Protection Details
Storm Shutters: 1
Tax Information
Homestead Exemption: 1
Occupant Details
Owner Occupied: 1
Showing Details
Pet(s) on Premises: No
Room Types
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 113.01
Status Change Information
Major Change Timestamp: 2026-03-28T02:51:58Z
Major Change Type: New Listing
Status Change Date: 2026-03-27
Originating Details
Originating System Key: 20260328023046520464000000
Originating System ID: M00000170
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
Room Information
| Room Name | Length | Length | Width | Width | Level | Remarks |
| Kitchen | 12.00 | 12.00 | 12.00 | 12.00 | Main | check for accuracy |
| Living Room | 16.00 | 16.00 | 14.00 | 14.00 | Main | check for accuracy |
| Master Bedroom | 12.00 | 12.00 | 13.00 | 13.00 | Main | 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.
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