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$199,000 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,396 Sq. Ft.
  • Updated 17 hours ago
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Discover the epitome of comfort and serenity in this elegantly appointed two-bedroom, two-bath condo, tailored to provide the perfect blend of luxury and tranquility. Nestled in a vibrant 55+ gated community, this first-floor unit offers an unparalleled living experience with a backdrop of lush mangroves leading to the Indian River. With recent painted interior, newer laminate flooring and ceramic tile flooring, it sets the stage for a life of ease. An inviting foyer unfolds into a spacious living room, an elegant canvas for your personal touch. The dining room is conveniently located off the updated kitchen, which boasts granite countertops, a tiled backsplash, refaced cabinets, and a brand-new refrigerator. Sleep in peace in spacious master suite, featuring walk-in closet, fully updated bathroom including a granite vanity and custom-tiled walk-in shower. The guest bedroom also offers a generous walk-in closet and updated guest bath, which can be closed off to create an ensuite. The enclosed Florida room, an ideal spot for entertaining or solitude, leads to a private backyard with a brick paver patio, the perfect nook for morning coffee and wildlife enjoyment. Additional appointments include an oversized laundry closet and additional storage room, newer A/C, hot water heater, and the added security of accordion shutters and the elegance of wood window valances. Grove Isle offers unmatched amenities such as a kayak launching ramp, a 46-acre nature preserve, with Nature Trail that leads to an observation deck and picnic area with the beautiful Indian River as back drop. Grove Isle is a community rich with activities and social opportunities. Convenience is at your fingertips, with shopping, dining, parks, beaches, the Vero Beach Regional Airport, and major roadways all within easy reach. Embrace this rare opportunity to live in a haven of elegance and charm, where every day feels like a tranquil retreat.

Full Property Details for 720 Lake Orchid Cir #102

General

  • Price: $199,000
  • HOA FEE: $565/month
  • Taxes: $1,490 (2025)
  • Status: Pending
  • Type: Condo
  • Source: Regional
  • MLS ID: R11161215
  • Updated: 4/2/2026
  • Added to Site: 56 day(s) ago

Interior

  • Number of Rooms: 8
  • Rooms/Areas: Dining Room, Florida Room
  • Interior Features: Entrance Foyer, Split Bedrooms, Storage, Separate Shower, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer
  • Furnishings: Unfurnished
  • Flooring: Ceramic Tile, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Other Rooms

  • Laundry: Inside, Laundry Closet, Washer Dryer Install Allowed

Additional Information

  • Shared Amenities: Clubhouse, Fitness Center, Pickleball, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Pool: Yes
  • Pool Description: Association
  • Security/Safety: Gated with Guard, Gated Community

Exterior

  • Exterior Features: Outdoor Living Area
  • Porch/Patio/Deck: Patio

Parking

  • Carports: Yes
  • Carport Spaces: 1
  • Covered Spaces: 1
  • Total Spaces: 1
  • Parking Features: Assigned, Carport, Detached Carport

Location

  • County: Indian River
  • Subdivision: GROVE ISLE EAST CONDOMINIUM
  • Driving Directions: US 1 to Grove Isle
  • Direction Faces: West

Community

  • Community Name: 5940 - Other Florida County
  • Association: Yes
  • Assoc. Name: Grove Isle Condominium
  • Assoc. Fees Include: Common Areas, Cable TV, Insurance, Maintenance Grounds, Sewer, Security, Water, Internet
  • Adult Community: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Sewer Available, Water Available

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Multi Family
  • Construction: Concrete
  • Roof: Shingle
  • Windows: Sliding
  • Stories/Levels: 1
  • Building Size: 1396
  • Square Feet: 1,396
  • Sq. Ft. Source: Public Records
  • Living Area: 1,396 Sq. Ft.
  • Year Built: 1997
  • Property Condition: Resale

Lot Features

  • Property View: Preserve
  • Zoning: res

Water Features

  • Water Front View: None

Financial Considerations

  • Association Fee: $565
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $1,490.02
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: GROVE ISLE EAST CONDO BLDG N UNIT 720-102 OR BK 948 PP 592
  • Disclosures/Rstr.: Deed Restriction
  • Property ID: 33403000011001472010.2

Listed by Pare Realty, Inc.

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Listing agent

— 720 Lake Orchid Cir #102 —

  • Pare Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 720 Lake Orchid Cir #102

School District:Indian River County School District
NameGradesDistance
Indian River Academy
500 20th Street Southwest, Vero Beach, FL 32962
PK-51.2 mi
Oslo Middle School
480 20th Avenue Southwest, Vero Beach, FL 32962
6-82.5 mi
Vero Beach High School
1707 16th Street, Vero Beach, FL 32960
9-124.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 720 Lake Orchid Cir #102 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Listed
$199,000
81.07%
MLS
4/02/2019
Sold
$109,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 720 Lake Orchid Cir #102

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,490
4%
$136,279
3%
2024
$1,426
5%
$132,438
3%
2023
$1,354
3%
$128,581
3%
2022
$1,310
1%
$124,836
3%
2021
$1,293
65%
$121,200
43%
2019
$782
2%
$84,639
2%
2018
$767
2%
$83,061
2%
2017
$750
2%
$81,353
2%
2016
$733
-3%
$79,680
1%
2015
$758
4%
$79,130
1%
2014
$726
3%
$78,510
1%
2013
$705
—
$77,350
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Pare Realty, Inc.

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720 Lake Orchid Circle #102, Vero Beach, FL 32962 (MLS# R11161215) is a Condo property with 2 bedrooms and 2 full bathrooms. 720 Lake Orchid Circle #102 is currently listed for $199,000 and was received on February 06, 2026. Want to learn more about 720 Lake Orchid Circle #102? Do you have questions about finding other Condo real estate for sale in Vero Beach? You can browse all Vero Beach real estate or contact a Coldwell Banker agent to request more information.

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