New · 2026Free Florida tax-timing guide: what the proposed homestead change could mean for your move.See what it means for your move →
740 LAKE ORCHID Circle #108
$149,900

740 LAKE ORCHID Circle #108

GROVE ISLE EAST CONDOMINIUM · Vero Beach · FL · 32962

Active
2
Beds
2
Baths
1,396
Sq Ft
1998
Year Built
Condominium
Type

Overview

Price per sq ft
$107
Days on market
6
HOA
$571/mo
Property taxes
$140/yr (2026)

About this home

1st floor 2 bed 2 bath condo in the resort like community of Grove Isle. Discover the perfect blend of relaxation, recreation, and socialization in a 55 plus community. Treat yourself in your own spa tub after a game of pickleball, tennis, or swimming in one of the 2 heated/chilled pools. Take a walk down to the river/kayak launch area, it's all there and waiting for you. Grove Isle is pet friendly (1) and is close to shopping, medical services, restaurant's everything Vero, plus the beaches are just 15 mins away. You'll feel secure in a 24/hour guarded gated community. Close is close to shopping, medical services, restaurant's everything Vero, plus the beaches are just 15 mins away. You'll feel secure in a 24/hour guarded gated community. Close

Property details

Interior

Bedrooms
2
Full bathrooms
2
Living area
1,396 sq ft
Flooring
Carpet, Laminate, Tile
Cooling
Ceiling Fan(s), Central Air
Heating
Central Individual, Electric
Laundry
Laundry Closet
Features
Bedroom Layout - Split, Entrance Foyer, Pantry, Walk-In Closet(s)

Exterior & lot

Construction
Concrete Block - With Stucco
Roof
Shingle
Stories
1
View
Preserve
Parking
Assigned, Carport, Covered, Detached Carport, Guest
Features
Barbecue, Outdoor Shower, Pool Bathroom, Tennis Court(s)

Community

Subdivision
GROVE ISLE EAST CONDOMINIUM
HOA
Grove isle Condo Assoc
HOA fee
$571 monthly
Amenities
Gated, Pool, Billiard Room, Clubhouse, Community Room, Fitness Center, Heated Pool, Kitchen Facilities, Library, Maintained Community, Management, Manager On Site, Pickleball Court(s), Sidewalks, Spa/Hot Tub, Tennis Court(s), Trail(s)
County
Indian River

Listing & financial

Property type
Condominium
Year built
1998
Annual taxes
$140 (2026)
Parcel ID
740108
Buyer financing accepted
Cash, Conventional, FHA, VA Loan
Sale type
Standard
MLS #
B26093651

Sale & tax history

This listing

Oct 28, 2026Listed for sale$149,900

Taxes

2026 property taxes: $140. In Florida, taxes are re-assessed after a sale, so a new owner's bill can be different (your homestead exemption can lower it).

Full sale and tax history is public at the county property appraiser (parcel ID 740108). Open the Indian River County Property Appraiser ↗

Location

Approximate location. Street View opens in Google Maps where Google has street photos.

Neighborhood

Subdivision
GROVE ISLE EAST CONDOMINIUM
City
Vero Beach
County
Indian River County
Elementary school
Indian River
High school
Vero Beach

Schools as reported by the listing agent. Always confirm school assignments with the district: Indian River County schools ↗.

Climate, weather & flood risk

Average temperatures by month

Winters are mild, with highs around 75°F from December to February. The coolest nights come in January (about 52°F); the warmest days in August (about 91°F).

Average daily low and high temperature and average rainfall by month, Vero Beach Intl Airport
MonthLowRangeHighRain
Jan52°
73°2.7″
Feb54°
76°2.2″
Mar58°
78°3.4″
Apr62°
82°3.1″
May68°
86°4.2″
Jun72°
89°6.8″
Jul73°
90°5.7″
Aug74°
91°7.3″
Sep73°
88°7.0″
Oct69°
85°5.3″
Nov61°
79°2.9″
Dec56°
75°2.5″

Average daily low and high (°F) and monthly rainfall (inches). Source: NOAA U.S. Climate Normals 1991–2020, Vero Beach Intl Airport station (9 mi away). Most rain falls in short summer afternoon showers.

Monthly payment

Estimated monthly payment

$1,441/mo

  • Principal & interest$758
  • Property taxes$12
  • Home insurance$100
  • HOA$571

Estimate only, not a loan offer. The rate is an example: ask a lender for today's rates. In Florida, property taxes are re-assessed after a sale, so the seller's last bill is only a starting point; your homestead exemption can lower it. Insurance is a rough estimate; get a real quote, including flood and wind coverage. Talk to a lender we trust →