How do I schedule a tour of 740 Lake Orchid Circle 104, Vero Beach, FL 32962?

Use the Tour button on this listing to request a showing of 740 Lake Orchid Circle 104, 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962 still available?

740 Lake Orchid Circle 104, Vero Beach, FL 32962 is currently listed as Under Contract, and has been on the market 78 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962?

With 20% down ($45,000) on the $225,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 740 Lake Orchid Circle 104, Vero Beach, FL 32962 is about $1,182/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 740 Lake Orchid Circle 104, Vero Beach, FL 32962?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 740 Lake Orchid Circle 104, 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962 have an HOA fee?

Yes: 740 Lake Orchid Circle 104, 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962?

740 Lake Orchid Circle 104, 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962?

Often, yes. The right offer on 740 Lake Orchid Circle 104, 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.

Under Contract

78 Days on Market

1 / 30

All Listings

$225,000

740 Lake Orchid Circle 104

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

Asking price: $225,000
Price per sq ft: $159
Vs. nearby sales: In line
Days on market: 78

This 2-bedroom condo in Grove Isle East Condominium went under contract with an asking price of $225,000, or $159 per square foot. It spent 78 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $159 per square foot, so the asking price was in line with what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,414

Living Sq Ft

1998

Year Built

Estimated monthly payment

$1,182 /mo

Principal and interest only, based on $45,000 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: $225,000
Days on Site: 78 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: 1998
Property Type: Condo
MLS #: B26035245
Property Tax: $1,705 (2025)
HOA Fees: $571 / Monthly
Subdivision: GROVE ISLE EAST CONDOMINIUM
County: Indian River
Status: Under Contract
Special Conditions: Standard

About This Property

SOUGHT AFTER FIRST FLOOR UNIT WITH UPGRADED KITCHEN WITH GRANITE, HERRINGBONE BLACKSPLASH, CABINETS, NEWER APPLIANCES. GLEEMING FLOORS.UNIT HAS BEEN REPLUMBED PLUS ONE COVERED PARKING SPOT INCLUDED. BUILDING BACKS TO LOVELY PRESERVE AREA. THIS ACTIVE +55 COMMUNITY OFFERS SO MUCH, 2 CLUBHOUSES,2 POOLS,NATURE TRAIL WALK TO THE INDIAN RIVER LAGOON GYM,POOL TABLES,SHUFFELBOARD,TENNIS,KAYAK STORAGE, BOAT LAUNCH,DOCK. SOCIAL ACTIVITIES GALORE! COME ENJOY THE GREAT FLORIDA LIFE STYLE GROVE ISLE HAS TO OFFER.DON'T DELAY FIRST FLOOR UNITS SELL FAST, SCHEDULE YOUR APPOINTMENT TO SEE THIS ONE RIGHT AWAY!

Virtual Tour

General Features

Property Type: Condo
Status: Under Contract
Year Built: 1998
Property Condition: Resale
Number of Stories: 1
Levels: One
Parking: Covered / Carport / Detached Carport / Detached
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: Res

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: Carpet / Ceramic Tile / Laminate
Spa: Yes
Spa Features: Gunite / Heated / In Ground
Interior Features: Breakfast Area / Main Level Primary / None / Pantry / Split Bedrooms
Laundry: Inside / Laundry Closet / Washer Dryer Install Allowed
Windows: Blinds / Other / Shutters
Main Level Bedrooms: 2
Main Level Baths: 2
Furnished: Unfurnished

Exterior Features

Construction: Block
Roof: Shingle
Exterior Features: Garden / Outdoor Living Area
Architectural Style: Colonial
Pool Features: Association / Heated
Patio & Porch: Covered / Patio / Porch
Lot Features: None
Waterfront Features: None / Other
View: Preserve

Community & HOA

HOA Fee: $571 / Monthly
HOA Name: Grove Isle
HOA Includes: Common Areas / Cable Tv / Pools / Recreation Facilities / Reserve Fund / Roof / Sewer / Security / Trash / Water / Internet
Association Amenities: Billiard Room / Clubhouse / Fitness Center / Gated / Library / Management / Picnic Area / Pier / Pool / Recreation Facilities / Shuffleboard Court / Spa Hot Tub
Community Features: Gated / Property Manager On Site
Security: Gated Community / Smoke Detectors
Utilities: Cable Available / Electricity Connected / Sewer Available / Water Available
Pets Allowed: Number Limit / Pet Restrictions / Size Limit / Yes
55+ Community: Yes
Financing Terms: Cash / Conventional
Restrictions: Buyer Approval Required / Limited Number Vehicles / No Commercial Vehicles / No Motorcycles / No Rv / No Truck / 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 $565 median across 4 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962?: Use the Tour button on this listing to request a showing of 740 Lake Orchid Circle 104, 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962 still available?: 740 Lake Orchid Circle 104, Vero Beach, FL 32962 is currently listed as Under Contract, and has been on the market 78 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962?: With 20% down ($45,000) on the $225,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 740 Lake Orchid Circle 104, Vero Beach, FL 32962 is about $1,182/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 740 Lake Orchid Circle 104, Vero Beach, FL 32962?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 740 Lake Orchid Circle 104, 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962 have an HOA fee?: Yes: 740 Lake Orchid Circle 104, 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962?: 740 Lake Orchid Circle 104, 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 740 Lake Orchid Circle 104, Vero Beach, FL 32962?: Often, yes. The right offer on 740 Lake Orchid Circle 104, 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 RE/MAX Select Group

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.

$225,000

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Listed by Joanne Montgomery, RE/MAX Select Group

Map & Location

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Cities in Indian River County

Vero Beach Homes for Sale$411,570 Sebastian Homes for Sale$374,900 Fellsmere Homes for Sale$731,950

Zip Codes in Indian River County

32967 Homes for Sale$447,450 32962 Homes for Sale$249,250 32966 Homes for Sale$382,450 32958 Homes for Sale$372,900 32963 Homes for Sale$912,500 32968 Homes for Sale$498,500 32960 Homes for Sale$312,000 32948 Homes for Sale$731,950 32976 Homes for Sale$242,400

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.