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Sold for $160,000
  • $160,000

    720 Lake Orchid Circle #202, Vero Beach, FL 32962

    2beds
    1,396sqft
    Condominium
    Built in 1997
    -- sqft lot
    $199,600 Zestimate®
    $115/sqft
    $2,297 Estimated rent

    Home value

    $199,600

    $182,000 - $218,000

    $2,297/mo

    Zestimate® history
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    What's special

    Discover one of the best-maintained condos in Grove Isle! This naturally bright 2-bedroom, 2-bath condo features an open-concept with a spacious dining, great room, & flex space. Updated kitchen features newer appliances, white cabinetry, & marble-look countertops. Walk-in closets in both bedrooms. Located in a 55+ community, residents enjoy a wide range of amenities, including 2 pools, clubhouse, fitness, tennis courts, kayak/boat launch, guard-gated entry, & nature trail/preserve — ideal for embracing the active Florida lifestyle. Enjoy low maintenance living at its finest. Motivated seller!

    Zillow last checked:

    Listing updated:

    Listed by:

    Leo M Sosa 773-396-6694,

    Juste Real Estate LLC

    Bought with:

    NON-MLS MEMBER

    MAR NON MLS MEMBER

    NON-MLS MEMBER

    MAR NON MLS MEMBER

    Source: BeachesMLS,MLS#: R11109116MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 208
    • Dimensions: 16 X 13
    Bedroom 2
    • Level: Main
    • Area: 143
    • Dimensions: 13 X 11
    Dining room
    • Level: Main
    • Area: 144
    • Dimensions: 12 X 12
    Great room
    • Level: Main
    • Area: 228
    • Dimensions: 19 X 12
    Kitchen
    • Level: Main
    • Area: 108
    • Dimensions: 9 X 12
    Living room
    • Level: Main
    • Area: 117
    • Dimensions: 9 X 13
    Heating
    • Central, Electric, Individual
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Cathedral Ceiling(s), Entrance Foyer, High Ceilings, Kitchen/Dining Combo, Pantry, Storage, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Wood
    • Windows: Blinds, Plantation Shutters
    Interior area
    • Total structure area: 1,396
    • Total interior livable area: 1,396 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Detached Carport
    • Carport spaces: 1
    • Details: CarportSpaces:1.00
    Features
    • Levels: Multi/Split
    • Patio & porch: Balcony
    • Exterior features: Balcony, None, Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: Garden, Preserve
    • Waterfront features: None
    Details
    • Parcel number: 33403000011001472020.2
    • Zoning: Residential
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Concrete
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Gated, Street Lights
    • Security: Fire Sprinkler System, Gated with Guard, Gated Community, Smoke Detector(s), Security Lights
    • Senior community: Yes
    • Subdivision: GROVE ISLE EAST CONDOMINIUM
    HOA
    • Has HOA: Yes
    • Amenities included: Billiard Room, Clubhouse, Fitness Center, Picnic Area, Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Trail(s)
    • Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Recreation Facilities, Security
    • HOA fee: $565 monthly
    Location
    • Region: Vero Beach

    Financial & listing details

    • Price per square foot: $115/sqft
    • Tax assessed value: $192,759
    • Annual tax amount: $2,836
    • Date on market: 10/15/2025
    • Cumulative days on market: 82 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    12/30/2025Sold$160,000-8.6%$115/sqft
    Source: BeachesMLS #R11109116 Report a problem
    12/12/2025Contingent$175,000$125/sqft
    Source: Realtor Association of Indian River County #289416 Report a problem
    12/12/2025Listed for sale$175,000$125/sqft
    Source: BeachesMLS #RX-11109116 Report a problem
    12/12/2025Pending sale$175,000$125/sqft
    Source: Realtor Association of Indian River County #289416 Report a problem
    10/15/2025Listed for sale$175,000$125/sqft
    Source: Realtor Association of Indian River County #289416 Report a problem
    9/9/2025Contingent$175,000$125/sqft
    Source: Realtor Association of Indian River County #289416 Report a problem
    7/7/2025Listed for sale$175,000-17.4%$125/sqft
    Source: Realtor Association of Indian River County #289416 Report a problem
    6/16/2025Listing removed$211,900+18.4%$152/sqft
    Source: Space Coast AOR #1026217 Report a problem
    4/25/2025Price change$179,000-5.3%$128/sqft
    Source: Realtor Association of Indian River County #271619 Report a problem
    3/7/2025Price change$189,000-7.8%$135/sqft
    Source: Realtor Association of Indian River County #271619 Report a problem
    1/27/2025Price change$205,000-3.3%$147/sqft
    Source: BeachesMLS #RX-10936706 Report a problem
    7/25/2024Price change$211,900-2.8%$152/sqft
    Source: Realtor Association of Indian River County #271619 Report a problem
    6/19/2024Listed for sale$217,900$156/sqft
    Source: Realtor Association of Indian River County #271619 Report a problem
    6/2/2024Contingent$217,900$156/sqft
    Source: Realtor Association of Indian River County #271619 Report a problem
    5/4/2024Price change$217,900-5.2%$156/sqft
    Source: Realtor Association of Indian River County #271619 Report a problem
    3/12/2024Price change$229,900-4.2%$165/sqft
    Source: Realtor Association of Indian River County #271619 Report a problem
    1/13/2024Price change$239,900-2%$172/sqft
    Source: Realtor Association of Indian River County #271619 Report a problem
    10/25/2023Price change$244,900-2%$175/sqft
    Source: Realtor Association of Indian River County #271619 Report a problem
    9/22/2023Listed for sale$249,900$179/sqft
    Source: Realtor Association of Indian River County #271619 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,848 +0.4%$192,759
    2024$2,836 +231.2%$192,759 +97.1%
    2023$856 -3.1%$97,800 +3%
    2022$884 +2.2%$94,951 +3%
    2021$864 +1.6%$92,185 +1.4%
    2020$850 $90,912 +2.3%
    2019$850 +1.4%$88,868 +1.9%
    2018$839 +6.3%$87,211 +2.1%
    2017$789 -3.3%$85,417 +2.1%
    2016$816 +4.3%$83,660 +0.7%
    2015$782 $83,080 +0.8%
    2014-- $82,430 +1.5%
    2013-- $81,220
    2012$755 -13.9%$81,220 -8.7%
    2011$877 $88,950
    2010$877 -7.3%$88,950 -7.5%
    2009$946 +5.5%$96,120 +0.1%
    2008$897 -16.3%$96,030 -33.6%
    2007$1,072 $144,670 -8%
    2006-- $157,250 +37%
    2005-- $114,750
    2004-- $114,750 +12.5%
    2003-- $102,000
    Find assessor info on the county website

    Neighborhood: Florida Ridge

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $199,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $199,600