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523 7th Ln SW, Vero Beach, FL, 32962

2beds
1baths
1,148sqft
$207,000
$180price/sqft
$1,849/moest. monthly cost
$73,960/yrincome needed

About This Home

Welcome to your charming Florida retreat! This delightful 2-bedroom, 1-bath concrete block structure home sits tucked away on a peaceful dead-end street in the desirable Florida Ridge area of Vero Beach. Step inside to discover an open, light-filled living space that flows into the dining and kitchen areas-perfect for everyday living or relaxed entertaining. Outside, enjoy the generously sized lot with plenty of room for Florida-style outdoor living- imagine a garden, patio, or summer barbecues in the sun. The home is well-constructed and ready for your personal touches. With its solid structure, mature neighborhood setting, and proximity to beaches, shopping, dining, and more, this property offers great value and lifestyle upside. Whether you are seeking your first home, a smart investment, or a low-maintenance seasonal retreat, this property delivers. Do not miss this opportunity to live the relaxed Vero Beach lifestyle in a home that is ready to shine. The sellers are offering a generous $5,000 credit to be applied toward the buyer's prepaid expenses and closing costs. This incentive provides added flexibility and can help reduce out-of-pocket expenses at closing, making homeownership even more attainable.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

7/10
6/10
Oslo Middle SchoolGrades 6-81.2 mi
5/10
Vero Beach High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 1956

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Concrete

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator
  • Laundry features: Laundry Room,Washer Hookup

Bathroom1

  • Level: First
  • Area: 35
  • Dimensions: 7x5

Bedroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Den

  • Level: First
  • Area: 154
  • Dimensions: 14x11

Dining Room

  • Level: First
  • Area: 176
  • Dimensions: 16x11

Features

  • Ceiling Fan(s)
  • Flooring: Laminate,Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,148
  • Total interior livable area: 1,148 sqft

Kitchen

  • Level: First
  • Area: 121
  • Dimensions: 11x11

Laundry

  • Level: First
  • Area: 50
  • Dimensions: 10x5

Living Room

  • Level: First
  • Area: 154
  • Dimensions: 11x14

Primary Bedroom

  • Features: Built-in Closet
  • Level: First
  • Area: 154
  • Dimensions: 14x11

Workshop

  • Level: First
  • Area: 80
  • Dimensions: 8x10

Property

Details

  • Parcel number: 33392400009000000035.0
  • Zoning: RS-6
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Above Ground
  • Exterior features: Private Yard

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 70 x 92

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Indian River County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,046$12,552
Home Insurance *$312$3,744
Property Taxes $294$3,528
Electricity $197$2,366
Total$1,849$22,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,394/yr
40% on housing$55,470/yr
45% on housing$49,306/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$180This listing

vs Other Active Listings

Avg $/sqft

ZIP 32962$117
Indian River County$317

vs Homes Sold Last Month

Median $/sqft

ZIP 32962$208
Indian River County$239

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Price change$207,000
2026-02-17Price change$209,000
2025-11-30Listed for sale$233,000
2011-03-01Sold$31,000
2002-03-18Sold$65,200
2001-03-26Sold$10,200

For Sale by Agent

AgentBrian Reeves
BrokerageLPT REALTY, LLC

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