$189,000
500 Grove Isle Circle 103
Vero Beach, FL 32962
Explore the area: Vero Beach homes for sale · Indian River County real estate
Price Check
How this price compares
- List price
- $189,000
- Price per sq ft
- $156
- Vs. nearby sales
- In line
- Days on market
- 1097
This 2-bedroom condo in Grove Isle East Condominium is listed at $189,000, or $156 per square foot. The asking price has come down 16% from its original $225,000. It has been on the market for 1097 days. The 6 most recent condo sales in the closings shown below sold at a median of $159 per square foot, so the asking price is in line with what comparable homes here actually sold for.
Estimated monthly payment
$993 /mo
Principal and interest only, based on $37,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $565/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $189,000
- Days on Site
- 1097 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,213 sqft
- Total Sq Ft
- 1,213 sqft
- Year Built
- 1988
- Property Type
- Condo
- MLS #
- R10921851
- Property Tax
- $2,086 (2022)
- HOA Fees
- $565 / Monthly
- Subdivision
- GROVE ISLE EAST CONDOMINIUM
- County
- Indian River
- Status
- Active
About This Property
Newly painted, Ground floor in Grove Isle 55+ active community. Waterfront view. Furnished, washer/dryer included. 2024 A/C. Community pool & clubhouse. 24 hour guarded on duty, active social calendar, 2 clubhouses, 2 pools, fitness center, tennis, nature trail to the river, kayak rack & launch.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1988
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Assigned
- Direction Faces
- West
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,213
- Total Sq Ft
- 1,213
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- CONDO
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Vinyl
- Interior Features
- Tub Shower / Walk In Closets
- Laundry
- Washer Dryer Install Allowed
- Windows
- Metal / Single Hung
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Roof
- Composition / Shingle
- Exterior Features
- Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Patio
- Waterfront
- Yes
- Waterfront Features
- Lake Front
- View
- Lake
Community & HOA
- HOA Fee
- $565 / Monthly
- HOA Includes
- Cable Tv / Sewer / Trash / Water
- Association Amenities
- Clubhouse / Pool / Tennis Courts
- Community Features
- Gated
- Security
- Gated With Guard / Gated Community
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Number Limit / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- No Motorcycles / No Rv / No Truck
- MLS Area
- 5940 - Other Florida County
This home's HOA fee works out to $565 a month, in line with the $565 median across 4 homes for sale in Grove Isle East Condominium. See Grove Isle East Condominium HOA fees
About the Community
- Homes for Sale
- 4
- Median List Price
- $192,000
- Median $/Sq Ft
- $168
- Avg Days on Market
- 344
Frequently Asked Questions
- How do I schedule a tour of 500 Grove Isle Circle 103, Vero Beach, FL 32962?
- Use the Tour button on this listing to request a showing of 500 Grove Isle Circle 103, Vero Beach, FL 32962. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 500 Grove Isle Circle 103, Vero Beach, FL 32962 still available?
- 500 Grove Isle Circle 103, Vero Beach, FL 32962 is currently listed as Active, and has been on the market 1097 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 500 Grove Isle Circle 103, Vero Beach, FL 32962?
- With 20% down ($37,800) on the $189,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 500 Grove Isle Circle 103, Vero Beach, FL 32962 is about $993/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 500 Grove Isle Circle 103, Vero Beach, FL 32962?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 500 Grove Isle Circle 103, Vero Beach, FL 32962. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 500 Grove Isle Circle 103, Vero Beach, FL 32962 have an HOA fee?
- Yes: 500 Grove Isle Circle 103, Vero Beach, FL 32962 carries an HOA fee of about $565 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 500 Grove Isle Circle 103, Vero Beach, FL 32962?
- Often, yes. The right offer on 500 Grove Isle Circle 103, Vero Beach, FL 32962 depends on how it's priced against comparable condo sales in Vero Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Berkshire Hathaway Florida Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$189,000
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Listed by Richard Giglia, Berkshire Hathaway Florida Realty
Map & Location
Cities in Indian River County
Zip Codes in Indian River County
Property Types
Recent Sales
Recently sold homes in Grove Isle East Condominium
These are the last 6 recorded closings in Grove Isle East Condominium, with the price each home actually sold for rather than what it was listed at. They closed at a median of $166 per square foot. The most recent closed on September 10, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$225,000
Sold · September 10, 2026
873 LAKE ORCHID Circle
2 bed · 2 bath · 1,358 sqft · $166/sqft
$10,000 under the asking price
Sold$205,000
Sold · September 4, 2026
675 W Lake Jasmine Circle 206
2 bed · 2 bath · 1,213 sqft · $169/sqft
$14,900 under the asking price
Sold$157,000
Sold · August 21, 2026
700 Lake Orchid Circle 209
2 bed · 2 bath · 1,414 sqft · $111/sqft
$7,500 under the asking price
Sold$185,000
Sold · July 22, 2026
464 Grove Isle Circle 464
2 bed · 2 bath · 1,041 sqft · $178/sqft
$12,300 under the asking price
Sold$195,000
Sold · July 8, 2026
625 W Lake Jasmine Circle 108
2 bed · 2 bath · 1,356 sqft · $144/sqft
$8,000 under the asking price
Sold$182,000
Sold · June 23, 2026
360 Grove Isle Circle
2 bed · 2 bath · 1,200 sqft · $152/sqft
$17,999 under the asking price
See every recorded sale in Grove Isle East Condominium or find out what your Grove Isle East Condominium home is worth.
