$192,500
$7K PRICE DROP

720 Lake Orchid Cir Unit 108 Vero Beach, FL 32962

Florida Ridge Neighborhood

Estimated payment $1,265/month

Total Views 8,890
2 Beds
2 Baths
1,396 Sq Ft
$138 Price per Sq Ft

Highlights

  • Fitness Center
  • Spa
  • Views of Preserve
  • Gated with Attendant
  • Senior Community
  • Clubhouse

About This Home

FIRST FLOOR! Serene preserve view! Spacious (nearly 1400 sq ft) living in gated/guarded active 55+ community. Split bdrm floor plan, separate living and dining areas, bonus sun room. Primary bedroom with en-suite and large walk-in closet. Some hurricane panel protection and rear sliders have electric roll down shutter. New range, built in bookcases, ample closet space! Pet friendly and financially responsible Grove Isle boasts two pool/clubhouse areas, tennis, exercise facility, nature trail, kayak racks and launch, social activities. Carport included too!

Listing Agent

Mark Seeberg

Berkshire Hathaway Florida Brokerage Phone: 772-231-1270 License #0639983 Listed on: 10/25/2024

Berkshire Hathaway Florida

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,427

Year Built

  • Built in 1997

Lot Details

  • West Facing Home
  • Few Trees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,396 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Sliding Doors
  • Views of Preserve

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Spa
  • Heated Pool
  • Outdoor Pool
  • Solar Heated Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 33403000011001472010.8

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, internet, maintenance structure, recreation facilities, reserve fund, sewer, security, 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

$2,427

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Grove Isle Condo
  • Directions: US 1 South past Oslo Rd, left into community...guard will direct. Have driv lic and bus card ready
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1997
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-1270
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Bathtub, Jetted Tub, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1396.0
  • Stories: 2
  • Window Features: Single Hung, Window Treatments

Exterior Features

  • Lot Features: Other, Few Trees
  • Pool Features: Heated, Pool, Solar Heat, Community
  • View: Preserve
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: None
  • Roof: Shingle

Garage/Parking

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

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: 565.0
  • 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, Internet, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Security, Water

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33403000011001472010.8
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2427.0
  • Tax Lot: 108
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,427 $192,759 -- $192,759
2023 $2,427 $146,652 $0 $0
2022 $2,102 $153,666 $0 $153,666
2021 $1,863 $121,200 $0 $121,200
2020 $1,832 $121,200 $0 $121,200
2019 $1,682 $104,593 $0 $104,593
2018 $1,596 $97,750 $0 $97,750
2017 $1,616 $97,750 $0 $0
2016 $1,629 $97,750 $0 $0
2015 $1,661 $97,750 $0 $0
2014 $1,482 $88,950 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $192,500 -3.3% $138 / Sq Ft
10/25/2024 10/25/24 For Sale $199,000 -- $143 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $146,000 Stewart Title Indian River
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,800 Purchase Money Mortgage
Previous Owner $60,000 Credit Line Revolving
Source: Public Records

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Source: REALTORS® Association of Indian River County

MLS Number: 282154

APN: 33-40-30-00011-0014-72010.8