Off market

Zestimate^®

$8,261,100

721 Grove Pl, Orchid, FL 32963

5beds

5,602sqft

Detached Home

Built in 2005

1.04 Acres Lot

$8,261,100 Zestimate^®

$1,475/sqft

$-- Estimated rent

Home value

$8,261,100

$6.86M - $9.91M

Not available

Zestimate^® history

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$56,439/mo

Est. payment

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$56,439/mo

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What's special

Exceptional riverfront estate incl oceanfront cabana. Courtyard pool & spa. 2BR/5BA main house, 2BR/2BA guest house + 1BR/2BA guest house. Main house offers living & dining room w/glass doors to lanai & 2nd pool. Elevator to impressive 2nd floor master ste w/expansive balcony, office, & piano rm. Unrivaled views from spacious lanais overlooking pool & dock. Sizes approx./subject to error

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 9
Full bathrooms: 9

Heating

Forced air

Features

Flooring: Tile, Other, Concrete
Has fireplace: Yes

Interior area

Total interior livable area: 5,602 sqft

Property

Parking

Total spaces: 4
Parking features: Garage - Attached

Features

Exterior features: Stucco, Cement / Concrete

Lot

Size: 1.04 Acres

Details

Parcel number: 313922000110000002550
Zoning: Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Detached Home

Materials

masonry
Foundation: Slab
Roof: Tile

Condition

Year built: 2005

Utilities & green energy

Electric: FPL
Sewer: County

Community & HOA

HOA

Has HOA: Yes
HOA fee: $29 monthly

Location

Region: Orchid

Financial & listing details

Price per square foot: $1,475/sqft
Tax assessed value: $6,583,372
Annual tax amount: $86,169

Price history

Date	Event	Price
12/4/2020	Listing removed	$7,500,000+50%$1,339/sqft
Source: Dale Sorensen Real Estate Inc. #176990 Report a problem
12/3/2020	Sold	$5,000,000-33.3%$893/sqft
Source: Realtor Association of Indian River County #176990 Report a problem
1/24/2020	Listed for sale	$7,500,000-25%$1,339/sqft
Source: Dale Sorensen Real Estate Inc. #176990 Report a problem
7/1/2005	Sold	$10,000,000+638%$1,785/sqft
Source: Public Record Report a problem
8/5/2002	Sold	$1,355,000+1255%$242/sqft
Source: Public Record Report a problem
4/2/2001	Sold	$100,000-91.9%$18/sqft
Source: Public Record Report a problem
5/1/1998	Sold	$1,235,000$220/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$86,169 +5.1%	$6,012,733 -8.7%
2024	$81,988 +7.5%	$6,583,615 +2.4%
2023	$76,281 +19.9%	$6,428,396 +42.3%
2022	$63,633 -3.8%	$4,517,456 +1.7%
2021	$66,166 -29.7%	$4,442,950 -26.3%
2020	$94,063	$6,025,719 -0.9%
2019	$94,063 -1.9%	$6,081,498 +0.2%
2018	$95,892 -8.1%	$6,068,045 -0.9%
2017	$104,296	$6,123,825 +0.7%
2016	$104,296 +6.1%	$6,081,660 +0.6%
2015	$98,337 +4%	$6,043,380 +19.7%
2014	$94,531	$5,049,020 -8.1%
2013	--	$5,493,320 +11.3%
2012	$77,488 -32.4%	$4,936,620 -32.6%
2011	$114,556 -3.2%	$7,327,090 -2.9%
2010	$118,385 +5.1%	$7,544,000
2009	$112,615 +5.3%	$7,544,000
2008	$106,926 -2.1%	$7,544,000 +1.4%
2007	$109,221	$7,441,820 -7%
2006	--	$8,000,000 +574.9%
2005	--	$1,185,370
2004	--	$1,185,370 +3.9%
2003	--	$1,140,760 +38.2%
2002	$14,856 +1.3%	$825,310 +5%
2001	$14,658 +7.9%	$786,100 +13.9%
2000	$13,580	$690,230