How do I schedule a tour of 740 LAKE ORCHID Circle 108, Vero Beach, FL 32962?

Use the Tour button on this listing to request a showing of 740 LAKE ORCHID Circle 108, 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 108, Vero Beach, FL 32962 still available?

740 LAKE ORCHID Circle 108, Vero Beach, FL 32962 is currently listed as Active, and has been on the market 2 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 108, Vero Beach, FL 32962?

With 20% down ($29,980) on the $149,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 740 LAKE ORCHID Circle 108, Vero Beach, FL 32962 is about $788/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 108, 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 108, 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 108, Vero Beach, FL 32962 have an HOA fee?

Yes: 740 LAKE ORCHID Circle 108, Vero Beach, FL 32962 carries an HOA fee of about $571 monthly (Grove isle Condo Assoc). 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 108, Vero Beach, FL 32962?

740 LAKE ORCHID Circle 108, 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 108, Vero Beach, FL 32962?

Often, yes. The right offer on 740 LAKE ORCHID Circle 108, 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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$149,900

740 LAKE ORCHID Circle 108

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: $149,900
Price per sq ft: $107
Vs. nearby sales: 32.7% below
Days on market: 2

This 2-bedroom condo in Grove Isle East Condominium is listed at $149,900, or $107 per square foot. It has been on the market for 2 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 32.7% below what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,396

Living Sq Ft

1998

Year Built

Estimated monthly payment

$788 /mo

Principal and interest only, based on $29,980 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: $149,900
Days on Site: 2 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: 1998
Property Type: Condo
MLS #: B26093651
Property Tax: $140 (2026)
HOA Fees: $571 / Monthly
Subdivision: GROVE ISLE EAST CONDOMINIUM
County: Indian River
Status: Active
Special Conditions: Standard

About This Property

1st floor 2 bed 2 bath condo in the resort like community of Grove Isle. Discover the perfect blend of relaxation, recreation, and socialization in a 55 plus community. Treat yourself in your own spa tub after a game of pickleball, tennis, or swimming in one of the 2 heated/chilled pools. Take a walk down to the river/kayak launch area, it's all there and waiting for you. Grove Isle is pet friendly (1) and is close to shopping, medical services, restaurant's everything Vero, plus the beaches are just 15 mins away. You'll feel secure in a 24/hour guarded gated community. Close is close to shopping, medical services, restaurant's everything Vero, plus the beaches are just 15 mins away. You'll feel secure in a 24/hour guarded gated community. Close

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 1998
Property Condition: Resale
Number of Stories: 2
Levels: One
Parking: Assigned / Covered / Carport / Detached Carport / Guest
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: residential

Interior Features

Appliances: Cooktop / Dryer / Dishwasher / Electric Cooktop / Electric Range / Electric Water Heater / Disposal / Microwave / Oven / Refrigerator / Water Heater / Washer
Cooling: Central Air / Ceiling Fans
Heating: Central / Electric / Individual
Flooring: Carpet / Laminate / Tile
Interior Features: Bedroom On Main Level / Breakfast Area / Entrance Foyer / Kitchen Dining Combo / Main Level Primary / Pantry / Split Bedrooms / Tub Shower / Walk In Closets
Laundry: Laundry Closet / Washer Dryer Install Allowed
Windows: Blinds / Metal / Single Hung / Shutters
Main Level Bedrooms: 2
Main Level Baths: 2
Total Rooms: 7
Furnished: Negotiable

Exterior Features

Construction: Concrete / Stucco
Roof: Shingle
Exterior Features: Barbecue / Outdoor Shower / Tennis Courts
Pool Features: Association / Heated / Outside Bath Access
Waterfront Features: None
View: Preserve

Community & HOA

HOA Fee: $571 / Monthly
HOA Name: Grove isle Condo Assoc
HOA Includes: Common Areas / Cable Tv / Internet / Maintenance Grounds / Pest Control / Recreation Facilities / Reserve Fund / Sewer / Security / Trash / Water
Association Amenities: Billiard Room / Clubhouse / Community Kitchen / Fitness Center / Gated / Library / Management / Maintenance / Pickleball / Pool / Spa Hot Tub / Sidewalks / Tennis Courts / Trails
Community Features: Gated / Property Manager On Site
Security: Gated With Guard / Gated Community / Key Card Entry / Smoke Detectors
Utilities: Cable Connected / Sewer Connected / Water Available
Pets Allowed: Cats Ok / Dogs Ok / Number Limit / Pet Restrictions / Size Limit / Yes
55+ Community: Yes
Financing Terms: Cash / Conventional / FHA / Va Loan
Restrictions: Exterior Alterations / Limited Number Vehicles / No Boats / No Commercial Vehicles / No Short Term Rentals / No Motorcycles / No Rv / No Truck / No Trailer Parking / Okay To Lease1st Year
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 740 LAKE ORCHID Circle 108, Vero Beach, FL 32962?: Use the Tour button on this listing to request a showing of 740 LAKE ORCHID Circle 108, 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 108, Vero Beach, FL 32962 still available?: 740 LAKE ORCHID Circle 108, Vero Beach, FL 32962 is currently listed as Active, and has been on the market 2 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 108, Vero Beach, FL 32962?: With 20% down ($29,980) on the $149,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 740 LAKE ORCHID Circle 108, Vero Beach, FL 32962 is about $788/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 108, 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 108, 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 108, Vero Beach, FL 32962 have an HOA fee?: Yes: 740 LAKE ORCHID Circle 108, Vero Beach, FL 32962 carries an HOA fee of about $571 monthly (Grove isle Condo Assoc). 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 108, Vero Beach, FL 32962?: 740 LAKE ORCHID Circle 108, 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 108, Vero Beach, FL 32962?: Often, yes. The right offer on 740 LAKE ORCHID Circle 108, 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 Alex MacWilliam, 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 November 14, 2026.

$149,900

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Listed by Ralph Kevin Crofton, Alex MacWilliam, Inc.

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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.