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$165,000 Just Listed
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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!
Full Property Details
Full Property Details for 551 7th Ln SW
General
- Price: $165,000
- Taxes: $1,075 (2025)
- Status: Under Contract
- Type: Single Family
- Source: Regional
- MLS ID: B26008024
- Updated: 4/1/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 3
- Rooms/Areas: Dining Room, Florida Room
- Interior Features: Family/Dining Room, None
- Appliances: Dishwasher, Electric Range, Refrigerator
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Laundry Room
Additional Information
- Security/Safety: None
Exterior
- Exterior Features: Storage
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Total Spaces: 4
- Parking Features: Attached Carport, Concrete, Carport
Location
- County: Indian River
- Subdivision: DIXIE GARDENS UNIT 2
- Driving 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
- Direction Faces: North
School Information
- Elementary School: Vero Beach
- Middle School: Oslo
- High School: Vero Beach
Community
- Community Name: 6341 - County Southeast (IR)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Water Connected
Structural Information
- Architectural Style: Ranch
- Structure Type: House
- Construction: Block
- Roof: Other
- Windows: Plantation Shutters, Shutters
- Stories/Levels: 1
- Building Size: 1460
- Square Feet: 908
- Sq. Ft. Source: Appraiser
- Living Area: 908 Sq. Ft.
- Year Built: 1956
- Property Condition: Resale
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Other
- Lot Size (Acres): 0.15
- Frontage: County Road, Asphalt
- Road Maintenance: Public Maintained Road
- Zoning: RS-6
- Fencing (Description): None
Water Features
- Water Front View: None
Financial Considerations
- Assessment Amount: $95,521
- Tax Amount: $1,075.81
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: DIXIE GARDENS UNIT NO 2 LOT 37 PBI 4-49
- Property ID: 333924000090000000370
Listed by Freedom Homes & Property Management LLC
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Schools
Schools serving 551 7th Ln SW
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Vero Beach Elementary School 1770 12th Street, Vero Beach, FL 32960 | PK-5 | 2.7 mi |
Oslo Middle School 480 20th Avenue Southwest, Vero Beach, FL 32962 | 6-8 | 1.2 mi |
Vero Beach High School 1707 16th Street, Vero Beach, FL 32960 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 551 7th Ln SW
Date
Details
Price
Change
Source
3/28/2026
Listed
$165,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 551 7th Ln SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,076
31%
$92,738
3%
2024
$824
7%
$90,124
3%
2023
$773
-1%
$87,499
6%
2021
$777
-3%
$82,476
-3%
2022
$802
3%
$84,951
18%
2021
$777
238%
$72,140
130%
2019
$230
6%
$31,379
2%
2018
$217
8%
$30,794
2%
2017
$201
9%
$30,161
2%
2016
$185
1%
$29,540
1%
2015
$184
18%
$29,340
1%
2014
$156
11%
$29,110
1%
2013
$140
—
$28,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 551 7th Ln SW
551 7th Lane SW, Vero Beach, FL 32962 (MLS# B26008024) is a Single Family property with 2 bedrooms and 1 full bathroom. 551 7th Lane SW is currently listed for $165,000 and was received on March 28, 2026. Want to learn more about 551 7th Lane SW? Do you have questions about finding other Single Family real estate for sale in Vero Beach? You can browse all Vero Beach real estate or contact a Coldwell Banker agent to request more information.

