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540 Grove Isle Cir

Vero Beach, FL 32962

2 bd 2 ba 1,356 sqft Built 1989 condos
Most recent sale
$256,500
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 2, 2023 Sold $239,000 IndianRiverCounty
Jul 13, 2023 Listing removed $259,000 IndianRiverCounty
Apr 19, 2023 Listed $259,000 IndianRiverCounty
Apr 16, 2023 Listing removed $265,000 IndianRiverCounty
Feb 24, 2023 Price changed $265,000 IndianRiverCounty
Dec 14, 2022 Listed $269,000 IndianRiverCounty
Jun 14, 2022 Sold $256,500 Public Record
Jun 10, 2022 Sold $256,500 IndianRiverCounty
May 16, 2022 Price changed $249,000 MLS #252650
Apr 4, 2022 Price changed $259,000 MLS #252650
Mar 10, 2022 Listed $268,000 MLS #252650
Sep 16, 2005 Sold $149,900 Public Record
Jun 15, 2004 Sold $108,000 Public Record
Feb 17, 2000 Sold $83,000 Public Record
Oct 1, 1989 Sold $78,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $192,759 $192,759 $2,213
2024 $192,759 $192,759 $2,205
2023 $192,759 $192,759 $2,796
2022 $133,320 $2,102
2021 $121,200 $121,200 $1,863
2020 $121,200 $121,200 $1,883
2019 $113,055 $1,830
2018 $102,777 $1,711
2017 $108,380 $108,380 $1,654
2016 $108,380 $108,380 $1,599
2015 $82,880 $82,880 $1,401
2014 $75,420 $1,250
2013 $63,820 $1,100
2012 $63,820 $1,081
2011 $71,550 $1,205
2010 $71,550 $1,207
2009 $87,020 $1,398
2008 $94,760 $1,447
2007 $127,080 $1,964

Property facts

Year built
1989
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,356 sqft
Lot size
ZIP code
32962
City
Vero Beach
Street
Grove Isle Cir
Coordinates
27.57794, -80.37024

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,509
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value

Frequently asked questions

When did 540 Grove Isle Cir last sell?
540 Grove Isle Cir most recently sold on Jun 14, 2022 for $256,500.
What is the current tax assessment for 540 Grove Isle Cir?
The most recent total assessment for 540 Grove Isle Cir (year 2025) is $192,759 with $2,213 in property tax.
How does 540 Grove Isle Cir's assessment compare to its last sale price?
The current assessment is 24.9% below the last sale price of $256,500.
When was 540 Grove Isle Cir built?
540 Grove Isle Cir was built in 1989.
How does 540 Grove Isle Cir compare to others on Grove Isle Cir?
We track 8 other properties on Grove Isle Cir. Browse the list under "Other properties on Grove Isle Cir" to compare beds, baths, and sale history.
What are the property facts for 540 Grove Isle Cir?
540 Grove Isle Cir is a 2 bed, 2 bath, 1,356 sqft condos.
Is 540 Grove Isle Cir a flip candidate?
No — 540 Grove Isle Cir does not appear in our flips dataset.
Is 540 Grove Isle Cir a tax-appeal candidate?
No — 540 Grove Isle Cir is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.4%
2026 Q3
$252.3K
2026 Q4
$250.1K
ZIP 32962 — Median Price History + Forecast

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