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870 Lake Orchid Circle 204, Vero Beach, FL 32962
Active
142 Days on Market
1 / 17
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How this price compares

List price
$195,000
Price per sq ft
$161
Vs. nearby sales
In line
Days on market
142

This 2-bedroom condo in Grove Isle East Condominium is listed at $195,000, or $161 per square foot. The asking price has come down 4.9% from its original $205,000. It has been on the market for 142 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 in line with what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,213
Living Sq Ft
1989
Year Built

Estimated monthly payment

$1,025 /mo

Principal and interest only, based on $39,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $565/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price
$195,000
Days on Site
142 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,213 sqft
Total Sq Ft
1,213 sqft
Year Built
1989
Property Type
Condo
MLS #
B26024441
Property Tax
$2,622 (2025)
HOA Fees
$565 / Monthly
Subdivision
GROVE ISLE EAST CONDOMINIUM
Development
Grove Isle Condominium
County
Indian River
Status
Active
Special Conditions
Standard

About This Property

A fantastic long lake view is one good reason to see this place but much more. The kitchen boasts new high end appliances, granite countertops and LVP flooring. The living area with cathedral ceilings has new carpeting and is located across from the main clubhouse with tennis and pickleball courts. Impact windows and accordion shutters throughout and a guarded gate insures peace of mind. 1 pet up to 25 lbs. 2 community pools, 2 clubhouses, a library, kayak storage, and direct river access, perfect for those who love an active lifestyle. Seller is motivated. Please give at least 1 hour notice for showing. Furniture is negotiable

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1989
Property Condition
Resale
Number of Stories
1
Levels
Two / One
Parking
Assigned / Asphalt / Covered / Carport / Detached Carport / Open
Direction Faces
South
Lot Size (Acres)
0
Living Sq Ft
1,213
Total Sq Ft
1,213
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
Residential

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Water Heater / Washer
Cooling
Central Air
Heating
Central
Flooring
Carpet / Laminate / Wood
Interior Features
Breakfast Area / Eat In Kitchen / None / Storage / Walk In Closets
Laundry
Inside / Laundry Closet / Washer Dryer Install Allowed
Main Level Bedrooms
2
Main Level Baths
2
Furnished
Unfurnished

Exterior Features

Construction
Block / Concrete / Stucco
Roof
Shingle
Exterior Features
Outdoor Living Area
Pool Features
Association
Patio & Porch
Porch
Waterfront
Yes
Waterfront Features
None / Other
View
Bay / Intercoastal / River / Water

Community & HOA

HOA Fee
$565 / Monthly
HOA Name
Grove Isle
HOA Includes
Common Areas / Cable Tv / Insurance / Maintenance Grounds / Recreation Facilities / Sewer / Security / Trash / Water
Association Amenities
Billiard Room / Clubhouse / Fitness Center / Library / Pool / Parking / Trails
Community Features
Gated
Security
Gated Community
Utilities
Electricity Available / Sewer Available / Water Available
Pets Allowed
Number Limit / Size Limit / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
No Rv / Other Restrictions / Ok To Lease
MLS Area
6341 - County Southeast (IR)

This home's HOA fee works out to $565 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
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 →
How do I schedule a tour of 870 Lake Orchid Circle 204, Vero Beach, FL 32962?
Use the Tour button on this listing to request a showing of 870 Lake Orchid Circle 204, 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 870 Lake Orchid Circle 204, Vero Beach, FL 32962 still available?
870 Lake Orchid Circle 204, Vero Beach, FL 32962 is currently listed as Active, and has been on the market 142 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 870 Lake Orchid Circle 204, Vero Beach, FL 32962?
With 20% down ($39,000) on the $195,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 870 Lake Orchid Circle 204, Vero Beach, FL 32962 is about $1,025/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 870 Lake Orchid Circle 204, Vero Beach, FL 32962?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 870 Lake Orchid Circle 204, 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 870 Lake Orchid Circle 204, Vero Beach, FL 32962 have an HOA fee?
Yes: 870 Lake Orchid Circle 204, Vero Beach, FL 32962 carries an HOA fee of about $565 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 870 Lake Orchid Circle 204, Vero Beach, FL 32962?
870 Lake Orchid Circle 204, 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 870 Lake Orchid Circle 204, Vero Beach, FL 32962?
Often, yes. The right offer on 870 Lake Orchid Circle 204, 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 Tropic Shores Real Estate LLC

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.

$195,000

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Listed by Phyllis W Horner, Tropic Shores Real Estate LLC

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