See Home Value
Wabasso Beach 32963
1951 W Shell Lane
$470,000
● House - Off Market

1951 W Shell Lane

Vero Beach, FL 32963
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$2,934
Est. Monthly
$29
HOA / Fees

About This Property

Lowest price home on the Island at Lot value cost. This 1/1.5 Key West, 2 story cottage is situated on a spacious .38 acre lot w/ native tropical Landscaping, steps away from a pet friendly, private deeded beach access. Key features include 2018 metal roof, 2017 A/C, open concept kitchen/living area, large upstairs bedroom suite & 1 car garage. Downstairs laundry room plumbed for a bath & a 2nd bedroom .The perfect canvas to bring your ideas & transform this hidden gem into a charming coastal escape, weekend getaway or investment opportunity. Hurricane panels provided. Low HOA $350/year.
Unit Size
1,200 Ft²
Days on Market
140 days
Land Size
0.38 acres
Price per sqft
$446
Property Type
House
Property Taxes
$278
HOA Dues
$29
Year Built
1980

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Last updated: 3 months ago (Indian River #295836)

Price History

Date / Event Date Event Price
Aug 3, 2026 Sold
Sold
Jul 3, 2026 In contract -
In contract
Jun 14, 2026 Price Decreased $535,000
↓ $15K (2.7%)
Price Decreased
Apr 22, 2026 Price Decreased $550,000
↓ $49K (8.2%)
Price Decreased
Mar 16, 2026 Listed by Pelican Island Realty LLC $599,000
Listed by Pelican Island Realty LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,560
  • Gross Building Area: 1,800
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMERPLACE UNIT 1 REPLAT
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SUMMERPLACE UNIT 1 REPLAT BLK 1 LOT F PBI 6-78

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050506

Zoning

  • Zoning: RS-6

Geography

  • Parcel: 31-39-23-00005-0010-00000.6
  • Block: 1
  • Lot: F
  • Meridian: SEC 23 TWN 31S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.7637
  • Longitude: -80.4007

    Address

  • Full Address: 1951 W Shell Ln
  • Legal Unit: 1
  • Address - House Number: 1951
  • Street Direction: W
  • Address - Street Name: Shell
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R035
  • 4-Digit Zip Code: 4551
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 1,579
  • Tax Year: 2022
  • Tax Amount: $280,729
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 641,252
  • High Value: 762,017
  • Low Value: 520,487

    Market Valuation

  • Market Total Value: $346,059
  • Market Land Value: $197,318
  • Market Improvement Value: $148,741

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $227,977

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wabasso Beach


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1941 W Shell Lane, Vero Beach, FL, 32963

$7,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,309 ft²
1941 W Shell Lane, Vero Beach, FL, 32963 Listing by Christine Harry
Unit for rent at 9190 Spring Time Drive, Vero Beach, FL, 32963

$8,000 /mo

  • 4 Beds
  • 4 Baths
  • 3,069 ft²
9190 Spring Time Drive, Vero Beach, FL, 32963 Listing by Nancy M Carty


Frequently Asked Questions

When was property at 1951 West Shell Lane built and last sold?
The property at 1951 West Shell Lane was built in 1980 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1951 West Shell Lane is $543,783.
What are some comparable homes to 1951 West Shell Lane?
There are currently no comparable homes to 1951 West Shell Lane.