$180,000
SOLD JUN 26, 2023

540 Grove Isle Cir Unit 207 Vero Beach, FL 32962

Florida Ridge Neighborhood
2 Beds
2 Baths
1,400 Sq Ft
1989 Built

Recently Sold

$129 Per Sq Ft

27% Below List Price

247 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Home fronts a pond
  • Fitness Center
  • Heated Pool
  • Senior Community

About This Home

As of June 2023

GREAT PRICE, SUPER LOCATION! EAST FACING SUN ROOM! Lovely 2nd floor 2/2 condo in pet friendly Grove Isle, offered furnished. Vaulted ceiling in living/dining area, updated kitchen w/white cabinets and stainless appliances! Large sunroom (facing east) overlooks serene lakeview! Close to clubhouse/pool too, carport included! Active 55+ community boasts 2 rec centers, nature trail, kayak rack and access, exercise facility and guarded entrance! WOW!

Last Agent to Sell the Property

Mark Seeberg

Berkshire Hathaway Florida License #0639983 Listed on: 10/07/2022

Berkshire Hathaway Florida

Last Buyer's Agent

Phillip Sunkel

Alex MacWilliam, Inc. License #3454173

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1989

Lot Details

  • Home fronts a pond
  • Lake Front
  • West Facing Home
  • Few Trees

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Blinds
  • Sliding Doors
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Pool
  • Outdoor Pool
  • Solar Heated Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 207
  • Assessor Parcel Number 33403000008000154020.7

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, maintenance structure, parking, recreation facilities, reserve fund, sewer, trash, water
  • Elliott Merrill Mgmt Association
  • Grove Isle Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,936

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: n/a
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Grove Isle Condo
  • Directions: US 1 south, past Oslo Rd. Left into community. Guard will direct.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1989
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-1270
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: High Ceilings, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1400.0
  • Stories: 2
  • Window Features: Blinds, Single Hung
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Other, Few Trees
  • Pool Features: Heated, Pool, Solar Heat, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: None
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Carport, One Space

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Fitness, Other, Property Manager On-Site, Shuffleboard, Tennis Court(s), Trails/Paths, Pool
  • Senior Community: Yes
  • Association Fee: 540.0
  • Association Name: Elliott Merrill Mgmt
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33403000008000154020.7
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1936.0
  • Tax Lot: 207
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Winkler Annette
Bought by
Ad Real Estate + Design Llc

Purchase Details

Listed on
Oct 7, 2022
Closed on
Jun 23, 2023
Sold by
James Cooney Family Trust and Watkins Audrey C
Bought by
Winkler Annette
Seller's Agent
Mark Seeberg
Berkshire Hathaway Florida
Buyer's Agent
Phillip Sunkel
Alex MacWilliam, Inc.
List Price
$245,000
Sold Price
$180,000
Premium/Discount to List
-$65,000
-26.53%
Views
155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.21%

Purchase Details

Closed on
Aug 26, 2020
Sold by
Cooney James C
Bought by
Cohan Carol L and Watkins Audrey C

Purchase Details

Closed on
Aug 25, 2020
Sold by
Cohan Carol L and Watkins Audrey C
Bought by
Cooney James C

Purchase Details

Closed on
Jan 14, 2020
Sold by
Cooney James C
Bought by
Cohan Carol L and Watkins Audry C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $180,000 Majesty Title Services
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Price Changed $257,000 -0.8% $184 / Sq Ft
06/25/2024 06/25/24 For Sale $259,000 +43.9% $185 / Sq Ft
06/26/2023 06/26/23 Sold $180,000 -17.8% $129 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $219,000 -4.4% $156 / Sq Ft
03/17/2023 03/17/23 Price Changed $229,000 -6.5% $164 / Sq Ft
10/07/2022 10/07/22 For Sale $245,000 -- $175 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,234 $176,696 -- $176,696
2023 $2,234 $134,431 $0 $0
2022 $1,936 $140,861 $0 $140,861
2021 $1,717 $111,100 $0 $111,100
2020 $593 $71,427 $0 $0
2019 $594 $69,821 $0 $0
2018 $591 $68,519 $0 $0
2017 $587 $67,110 $0 $0
2016 $582 $65,730 $0 $0
2015 $604 $65,280 $0 $0
2014 $587 $64,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 263207

APN: 33-40-30-00008-0001-54020.7