How do I schedule a tour of 720 Lake Orchid Circle, Vero Beach, FL 32962?

Use the Tour button on this listing to request a showing of 720 Lake Orchid Circle, 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, Vero Beach, FL 32962 still available?

720 Lake Orchid Circle, Vero Beach, FL 32962 is currently listed as Active. 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, Vero Beach, FL 32962?

With 20% down ($41,000) on the $205,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 720 Lake Orchid Circle, Vero Beach, FL 32962 is about $1,077/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, 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, 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, Vero Beach, FL 32962 have an HOA fee?

Yes: 720 Lake Orchid Circle, Vero Beach, FL 32962 carries an HOA fee of about $571 monthly (Grove Isle). 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, Vero Beach, FL 32962?

720 Lake Orchid Circle, 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, Vero Beach, FL 32962?

Often, yes. The right offer on 720 Lake Orchid Circle, 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.

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$205,000

720 Lake Orchid Circle

Vero Beach, FL 32962

GROVE ISLE EAST CONDOMINIUM

Explore the area: Vero Beach homes for sale · Indian River County real estate

Price Check

How this price compares

List price: $205,000
Price per sq ft: $145
Vs. nearby sales: 8.8% below
Days on market: N/A

This 2-bedroom condo in Grove Isle East Condominium is listed at $205,000, or $145 per square foot. 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 8.8% below what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,414

Living Sq Ft

1997

Year Built

Estimated monthly payment

$1,077 /mo

Principal and interest only, based on $41,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $571/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $205,000
Days on Site: 0 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 #: B26093347
Property Tax: $1,183 (2026)
HOA Fees: $571 / Monthly
Subdivision: GROVE ISLE EAST CONDOMINIUM
County: Indian River
Status: Active
Special Conditions: Standard

About This Property

This one is special! Furnished, spacious 2/2 2nd floor features vaulted ceiling, matching 18" tile flooring thru-out, roll-down storm shutters front and rear. Big kitchen offers plenty of cabinet space and pantry, eat-in nook and white appliances. Relaxing east facing sun room overlooks serene preserve/wildlife. More than ample closet space, full size washer and dryer, a carport and a back porch/stairs complete the package. HVAC '23, water heater '25. Active and financially responsible 55+ community offers pools, clubhouses, nature trail, exercise facility, tennis, guarded entrance.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 1997
Property Condition: Resale
Number of Stories: 2
Levels: One
Parking: Carport / Detached Carport
Direction Faces: West
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: Residential

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Water Heater / Washer
Cooling: Central Air / Ceiling Fans / Electric
Heating: Central / Electric
Flooring: Tile
Interior Features: Pantry / Split Bedrooms / Separate Shower / Vaulted Ceilings / Walk In Closets
Laundry: In Unit / Washer Dryer Install Allowed
Windows: Shutters
Main Level Bedrooms: 2
Main Level Baths: 2
Total Rooms: 6

Exterior Features

Construction: Concrete / Stucco
Roof: Shingle
Pool Features: Association
View: Garden

Community & HOA

HOA Fee: $571 / Monthly
HOA Name: Grove Isle
HOA Includes: Common Areas / Cable Tv / Internet / Maintenance Grounds / Maintenance Structure / Reserve Fund / Sewer / Security / Trash / Water
Association Amenities: Clubhouse / Gated / Pool / Security / Tennis Courts
Community Features: Gated
Security: Gated Community
Utilities: Cable Available / Electricity Available / Sewer Available / Water Available
Pets Allowed: Number Limit / Yes
55+ Community: Yes
Financing Terms: Cash / Conventional / FHA / Va Loan
Restrictions: No Boats / No Rv / No Truck / No Trailer Parking / Other Restrictions / Ok To Lease / Rental Restriction
MLS Area: 6341 - County Southeast (IR)

This home's HOA fee works out to $571 a month, in line with the $571 median across 8 homes for sale in Grove Isle East Condominium. See Grove Isle East Condominium HOA fees

Schools

Elementary School: Indian River
High School: Vero Beach

About the Community

Grove Isle East

View Community Details →

Homes for Sale: 4
Median List Price: $192,000
Median $/Sq Ft: $168
Avg Days on Market: 344

View all 4 homes for sale in Grove Isle East →

Frequently Asked Questions

How do I schedule a tour of 720 Lake Orchid Circle, Vero Beach, FL 32962?: Use the Tour button on this listing to request a showing of 720 Lake Orchid Circle, 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, Vero Beach, FL 32962 still available?: 720 Lake Orchid Circle, Vero Beach, FL 32962 is currently listed as Active. 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, Vero Beach, FL 32962?: With 20% down ($41,000) on the $205,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 720 Lake Orchid Circle, Vero Beach, FL 32962 is about $1,077/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, 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, 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, Vero Beach, FL 32962 have an HOA fee?: Yes: 720 Lake Orchid Circle, Vero Beach, FL 32962 carries an HOA fee of about $571 monthly (Grove Isle). 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, Vero Beach, FL 32962?: 720 Lake Orchid Circle, 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, Vero Beach, FL 32962?: Often, yes. The right offer on 720 Lake Orchid Circle, 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

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 November 14, 2026.

$205,000

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Listed by Mellanie M Debayle, Berkshire Hathaway Florida

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Cities in Indian River County

Vero Beach Homes for Sale$400,000 Sebastian Homes for Sale$381,450 Fellsmere Homes for Sale$835,000

Zip Codes in Indian River County

32967 Homes for Sale$445,400 32962 Homes for Sale$259,000 32966 Homes for Sale$384,900 32958 Homes for Sale$380,000 32963 Homes for Sale$899,000 32960 Homes for Sale$325,000 32968 Homes for Sale$499,700 32948 Homes for Sale$835,000 32976 Homes for Sale$239,900

Property Types

Homes for Sale Luxury Homes New Construction Single-Family Homes Condos Townhouses Villas 55+ Communities

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.