$179,000
OPEN SUN 1PM - 3PM $71K PRICE DROP

720 Lake Orchid Cir Unit 202 Vero Beach, FL 32962

Florida Ridge Neighborhood

Estimated payment $1,067/month

Total Views 26,635
2 Beds
2 Baths
1,396 Sq Ft
$128 Price per Sq Ft

Highlights

  • Water Access
  • Heated Pool
  • Views of Preserve
  • Gated with Attendant
  • Senior Community
  • Clubhouse

About This Home

Welcome to this appealing & well-maintained residence in the active waterfront community of Grove Isle. This bright & airy 2 bed, 2 bath condo boasts an open concept floor plan with a spacious dining, living & great room. Foyer & living room freshly painted! The updated kitchen is equipped w/stainless steel appliances, white cabinets, & marble-looking countertops. This 55+community has an array of amenities, including 2 beautiful pools & clubhouses, tennis courts, kayak & boat launch, guarded gated entry, & 46-acre Nature Preserve with nature trail leading to an observation deck & picnic area.

Listing Agent

Hayley DeWitte

Juste Real Estate LLC License #3384478

Co-Listing Agent

Leo Sosa

Juste Real Estate LLC License #3498514

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $884

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
  • Vaulted Ceiling
  • Views of Preserve

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Pool
  • Outdoor Pool
  • Solar Heated Pool

Outdoor Features

  • Water Access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 33403000011001472020.2

Community Details

Overview

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

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed
  • 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

$884

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1794
  • Co List Office Phone: 772-538-4300
  • Ownership: Condo
  • Subdivision Name: Grove Isle Condo
  • Directions: On US 1 just South of Oslo, Community on east side of US 1, take right after gate entry to the back of community veer left to Building N-720. Unit #202 on 2nd floor
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1997
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Special Features: OpenHouse
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1396.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

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, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Billiard Room, Clubhouse, Property Manager On-Site, Tennis Court(s), Trails/Paths, Water Access, Pool
  • Senior Community: Yes
  • Association Fee: 555.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 33403000011001472020.2
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 884.0
  • Tax Lot: 202
  • Tax Year: 2022

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 $856 $192,759 -- $192,759
2023 $856 $97,800 $0 $0
2022 $884 $94,951 $0 $0
2021 $864 $92,185 $0 $0
2020 $850 $90,912 $0 $0
2019 $839 $88,868 $0 $0
2018 $824 $87,211 $0 $0
2017 $806 $85,417 $0 $0
2016 $789 $83,660 $0 $0
2015 $816 $83,080 $0 $0
2014 $782 $82,430 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $179,000 -5.3% $128 / Sq Ft
03/07/2025 03/07/25 Price Changed $189,000 -7.8% $135 / Sq Ft
01/27/2025 01/27/25 Price Changed $205,000 -3.3% $147 / Sq Ft
07/25/2024 07/25/24 Price Changed $211,900 -2.8% $152 / Sq Ft
05/04/2024 05/04/24 Price Changed $217,900 -5.2% $156 / Sq Ft
03/12/2024 03/12/24 Price Changed $229,900 -4.2% $165 / Sq Ft
01/13/2024 01/13/24 Price Changed $239,900 -2.0% $172 / Sq Ft
10/25/2023 10/25/23 Price Changed $244,900 -2.0% $175 / Sq Ft
09/22/2023 09/22/23 For Sale $249,900 -- $179 / Sq Ft
Source: REALTORS® Association of Indian River County

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Source: Public Records

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Source: REALTORS® Association of Indian River County

MLS Number: 271619

APN: 33-40-30-00011-0014-72020.2