$168,000
Sold · May 8, 2026
720 Lake Orchid Circle 201
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
- $168,000
- Vs. list price
- 1.1% under
- Days on market
- 18
- Price per sq ft
- $119
This 2-bedroom condo in Grove Isle East Condominium sold for $168,000 on May 8, 2026. That was 1.1% below its final list price of $169,900. It first came on the market at $175,500, so the price was adjusted before it sold. It spent 18 days on the market. At $119 per square foot, it closed 25.2% below the $159 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $168,000
- Sold On
- May 8, 2026
- Days on Site
- 18 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,414 sqft
- Total Sq Ft
- 1,414 sqft
- Year Built
- 1997
- Property Type
- Condo
- MLS #
- B26010566
- Property Tax
- $1,951 (2025)
- HOA Fees
- $571 / Monthly
- Subdivision
- GROVE ISLE EAST CONDOMINIUM
- County
- Indian River
- Status
- Sold
- Special Conditions
- Standard / Listed As Is
About This Property
Bright foyer to greet you, opening to a spacious living/dining area. Beautifully maintained 2/2 split floor plan features quality Italian tile throughout and expansive bonus room plus office space, bathed in natural light from IMPACT windows. Enjoy morning coffee with treetop views or entertain in style. Kitchen boasts gorgeous granite, newer appliances, full-size washer/dryer. Both bathrooms offer a spa-like experience with floor-to-ceiling tile, premium fixtures.HOA provides Manned security, Cable, Internet, Water, Sewer, and access to 2 pools, tennis, and kayak storage. Minutes to beaches.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1997
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Parking
- Carport / Detached Carport
- Direction Faces
- East
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,414
- Total Sq Ft
- 1,414
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- Res
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Range / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central / Electric
- Flooring
- Ceramic Tile
- Interior Features
- Breakfast Area / High Ceilings / Living Dining Room / Pantry / Separate Shower
- Laundry
- In Unit / Washer Dryer Install Allowed
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 6
- Furnished
- Negotiable
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area
- Architectural Style
- Contemporary
- Pool Features
- Association / Heated
- Patio & Porch
- Terrace
- Waterfront Features
- None
- View
- Garden
Community & HOA
- HOA Fee
- $571 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Internet / Maintenance Structure / Pools / Reserve Fund / Sewer / Security / Trash / Water
- Association Amenities
- Billiard Room / Clubhouse / Pickleball / Pool / Shuffleboard Court / Spa Hot Tub / Tennis Courts / Trails
- Community Features
- Gated / Street Lights
- Security
- Gated With Guard / Gated Community / Security Guard
- Utilities
- Cable Available / Electricity Available / Sewer Available
- Pets Allowed
- Breed Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Buyer Approval Required / No Commercial Vehicles / No Motorcycles / No Rv / No Truck
- MLS Area
- 6341 - County Southeast (IR)
Schools
- Elementary School
- Indian River
- High School
- Vero Beach
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 201, Vero Beach, FL 32962?
- Use the Tour button on this listing to request a showing of 720 Lake Orchid Circle 201, 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 201, Vero Beach, FL 32962 still available?
- 720 Lake Orchid Circle 201, Vero Beach, FL 32962 is currently listed as Sold, and has been on the market 18 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 201, Vero Beach, FL 32962?
- With 20% down ($33,980) on the $169,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 720 Lake Orchid Circle 201, Vero Beach, FL 32962 is about $893/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 201, 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 201, 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 201, Vero Beach, FL 32962 have an HOA fee?
- Yes: 720 Lake Orchid Circle 201, Vero Beach, FL 32962 carries an HOA fee of about $571 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 720 Lake Orchid Circle 201, Vero Beach, FL 32962?
- 720 Lake Orchid Circle 201, Vero Beach, FL 32962 is zoned for Indian River (elementary), Vero Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 720 Lake Orchid Circle 201, Vero Beach, FL 32962?
- Often, yes. The right offer on 720 Lake Orchid Circle 201, 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 Coldwell Banker Paradise
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.
$168,000
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Listed by Patricia Cappello, Coldwell Banker Paradise
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.
