$190,000
Sold · April 15, 2026
720 Lake Orchid Circle 102
Vero Beach, FL 32962
Explore the area: Vero Beach homes for sale · Indian River County real estate
Sale Summary
What this home sold for
- Sold price
- $190,000
- Vs. list price
- 4.5% under
- Days on market
- 56
- Price per sq ft
- $136
This 2-bedroom condo in Grove Isle East Condominium sold for $190,000 on April 15, 2026. That was 4.5% below its final list price of $199,000. It spent 56 days on the market. At $136 per square foot, it closed 14.5% below the $159 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $190,000
- Sold On
- April 15, 2026
- Days on Site
- 56 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,396 sqft
- Total Sq Ft
- 1,396 sqft
- Year Built
- 1997
- Property Type
- Condo
- MLS #
- R11161215
- Property Tax
- $1,490 (2025)
- HOA Fees
- $565 / Monthly
- Subdivision
- GROVE ISLE EAST CONDOMINIUM
- Development
- Grove Isle
- County
- Indian River
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Discover the epitome of comfort and serenity in this elegantly appointed two-bedroom, two-bath condo, tailored to provide the perfect blend of luxury and tranquility. Nestled in a vibrant 55+ gated community, this first-floor unit offers an unparalleled living experience with a backdrop of lush mangroves leading to the Indian River. With recent painted interior, newer laminate flooring and ceramic tile flooring, it sets the stage for a life of ease. An inviting foyer unfolds into a spacious living room, an elegant canvas for your personal touch. The dining room is conveniently located off the updated kitchen, which boasts granite countertops, a tiled backsplash, refaced cabinets, and a brand-new refrigerator. Sleep in peace in spacious master suite, featuring walk-in closet, fully updated bathroom including a granite vanity and custom-tiled walk-in shower. The guest bedroom also offers a generous walk-in closet and updated guest bath, which can be closed off to create an ensuite. The enclosed Florida room, an ideal spot for entertaining or solitude, leads to a private backyard with a brick paver patio, the perfect nook for morning coffee and wildlife enjoyment. Additional appointments include an oversized laundry closet and additional storage room, newer A/C, hot water heater, and the added security of accordion shutters and the elegance of wood window valances. Grove Isle offers unmatched amenities such as a kayak launching ramp, a 46-acre nature preserve, with Nature Trail that leads to an observation deck and picnic area with the beautiful Indian River as back drop. Grove Isle is a community rich with activities and social opportunities. Convenience is at your fingertips, with shopping, dining, parks, beaches, the Vero Beach Regional Airport, and major roadways all within easy reach. Embrace this rare opportunity to live in a haven of elegance and charm, where every day feels like a tranquil retreat.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1997
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- One
- Parking
- Assigned / Carport / Detached Carport
- Direction Faces
- West
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,396
- Total Sq Ft
- 1,396
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- res
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Ceramic Tile / Laminate
- Interior Features
- Entrance Foyer / Split Bedrooms / Storage / Separate Shower / Walk In Closets
- Laundry
- Inside / Laundry Closet / Washer Dryer Install Allowed
- Windows
- Sliding
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 8
- Furnished
- Unfurnished
Exterior Features
- Construction
- Concrete
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area
- Architectural Style
- Traditional
- Pool Features
- Association
- Patio & Porch
- Patio
- Waterfront Features
- None
- View
- Preserve
Community & HOA
- HOA Fee
- $565 / Monthly
- HOA Name
- Grove Isle Condominium
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Grounds / Sewer / Security / Water / Internet
- Association Amenities
- Clubhouse / Fitness Center / Pickleball / Pool / Shuffleboard Court / Spa Hot Tub / Tennis Courts / Trails
- Community Features
- Gated
- Security
- Gated With Guard / Gated Community
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Number Limit / Pet Restrictions / Size Limit / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Commercial Vehicles / No Motorcycles / No Rv / Other Restrictions
- MLS Area
- 5940 - Other Florida County
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 720 Lake Orchid Circle 102, Vero Beach, FL 32962?
- Use the Tour button on this listing to request a showing of 720 Lake Orchid Circle 102, 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 720 Lake Orchid Circle 102, Vero Beach, FL 32962 still available?
- 720 Lake Orchid Circle 102, Vero Beach, FL 32962 is currently listed as Sold, and has been on the market 56 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 720 Lake Orchid Circle 102, Vero Beach, FL 32962?
- With 20% down ($39,800) on the $199,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 720 Lake Orchid Circle 102, Vero Beach, FL 32962 is about $1,046/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 720 Lake Orchid Circle 102, Vero Beach, FL 32962?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 720 Lake Orchid Circle 102, 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 720 Lake Orchid Circle 102, Vero Beach, FL 32962 have an HOA fee?
- Yes: 720 Lake Orchid Circle 102, Vero Beach, FL 32962 carries an HOA fee of about $565 monthly (Grove Isle Condominium). 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 720 Lake Orchid Circle 102, Vero Beach, FL 32962?
- Often, yes. The right offer on 720 Lake Orchid Circle 102, 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 Pare Realty, Inc.
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 July 1, 2026.
$190,000
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Listed by Stephanie S Pare, Pare Realty, Inc.
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.
