740 Lake Orchid Circle 103, Vero Beach FL 32962

Price Reduction - Waterfront - Adult 55+
Price Reduction - Waterfront - Adult 55+
Listed By:
The Moorings Realty Sales Co.; 772-231-5131
Address
740 Lake Orchid Circle 103, Vero Beach, FL
Price
$ 205,000

Your Agent

Darci Margeson

Homes by Darci | REALTOR®

561-701-3223

Property Attributes
  • MLS#295215
  • TypeCondos
  • Listing Status Active
  • CountyIndian River
  • CityVero Beach
  • AreaCounty Southeast
  • NeighborhoodGrove Isle Condo
  • Zip32962
  • Style
  • Year Built1999
  • Taxes$ 1107
  • Price$ 205,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1414
Data Source:
REALTORS® Association of Indian River County (RAIRC)
Property Description

Spacious 2-bedroom, 2-bath, first floor condo with 1,414 sq ft of living space. Features a split-bedroom floor plan, with large living room. Updated kitchen with SS appliances & granite counter tops, and tile flooring & plantation shutters throughout. Offered furnished with some exclusions. Resort style amenities in this 55+ active community include 2 beautiful clubhouses, each with heated pools, exercise facility, tennis, kayak racks and launch, 46-acre Nature Preserve with nature trail, and many social events. Guarded entrance provides extra security! One pet up to 25 lbs.

Price History
2/20/2026 Listed $225,000
3/26/2026 4$215,000
4/27/2026 2$210,000
5/22/2026 2$205,000

General Features

Sewer County Sewer
Heating Central
Cooling Central Air
Roof Shingle
Appliances Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Range,Refrigerator,Washer
HOA Fee 571
Architectural Style Two Story
Pool Features Pool,Community
Security Features Gated with Guard
Construction Materials Block,Concrete,Stucco
Pets Allowed Yes,Number Limit,Size Limit
Year Built 1999
View Lake,Preserve
Stories Count 2
Levels Two
Property Subtype Attached
Ownership Condo
Parcel Number 33403000011001574010.3
Waterfront Features Lake,Pond
County Indian River
New Construction false
Property Type Residential
Subdivision Name Grove Isle Condo
Facing Direction East
Total Rooms 5
Full Baths 2
Status Active
Directions US 1 South, Past Oslo Rd. Left into Grove Isle community, right after gate to right on Lake Orchid Cir, Building O.
ModificationTimestamp 2026-06-01T05:15:35.800-00:00
City Vero Beach
Association Name Elliott Merrill Mgmt
Senior Community Y/N true
MLS Area County Southeast
Lot Size Units Acres
Property Attached Y/N true
Standard Status Active
Property Sub Type Additional Attached
PostalCity Vero Beach
Legal Description GROVE ISLE EAST CONDO PHASE O BLDG O UNIT 740-103 OR BK 1232 PG 2034
AttributionContact 772-231-5131
Unit Number 103
Tax Year 2025
Community Features Barbecue,Clubhouse,Fitness,Property Manager On-Site,Shuffleboard,Tennis Court(s),Trails/Paths,Gutter(s),Pool
Zoning Description Residential
Tax Annual Amount 1107
Tax Assessed Value 110809
Assoc/CIC Condominium
Association Fee Includes Common Areas,Insurance,Other,Parking,Recreation Facilities,Reserve Fund,Sewer,Security,Trash,Water
Association Amenities Dues Paid Monthly
Tax Lot 103
Carport Spaces 1

Interior Features

Flooring Carpet,Tile
Furnished Y/N Partially
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung,Window Treatments
Fireplace Y/N false
Laundry Features Laundry Closet,In Unit
Total Bedrooms 2
Total Baths 2
Interior Amenities Crown Molding
LivingAreaSource Assessor

Exterior Features

Exterior Amenities Rain Gutters
Parking Features Assigned,Carport
Water Source Public
Waterfront Y/N false
Lot Features Other
Road Surface Type Paved
Lot Dimensions N/A

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 32962

Price
AVG $140K
$210K
Taxes
AVG $1,412
$1,107
Year Built
AVG 1983
1999

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