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705 Grove Pl

Vero Beach, FL 32963

4 bd 6 ba 6,231 sqft Built 2003 Lot 42,150 sqft single_family
Most recent sale
$5,300,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $5,300,000 Public Record
May 18, 2022 Price changed $5,700,000 MLS #248093
Mar 21, 2022 Price changed $5,995,000 MLS #248093
Jan 4, 2022 Price changed $6,200,000 MLS #248093
Nov 25, 2021 Listed $6,500,000 MLS #248093
Aug 4, 2003 Sold $3,085,000 Public Record
Nov 1, 1999 Sold $659,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $3,041,951 $1,500,104 $4,542,055 $62,108
2024 $3,041,951 $1,500,104 $4,542,055 $62,267
2023 $2,569,821 $1,500,104 $4,069,925 $56,630
2022 $2,167,433 $30,047
2021 $2,082,894 $30,505
2020 $2,054,136 $31,529
2019 $2,002,220 $31,028
2018 $1,964,887 $30,620
2017 $1,924,473 $32,177
2016 $1,884,890 $29,926
2015 $1,871,790 $29,999
2014 $1,856,940 $29,034
2013 $1,829,500 $28,632
2012 $1,798,920 $27,704
2011 $2,314,400 $35,656
2010 $2,280,200 $35,249
2009 $2,701,340 $40,010
2008 $2,835,470 $39,898
2007 $2,836,550 $40,887

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
6
Living area
6,231 sqft
Lot size
42,150 sqft
ZIP code
32963
City
Vero Beach
Street
Grove Pl
Coordinates
27.76388, -80.41472

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
$31,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 705 Grove Pl last sell?
705 Grove Pl most recently sold on Jun 24, 2022 for $5,300,000.
What is the current tax assessment for 705 Grove Pl?
The most recent total assessment for 705 Grove Pl (year 2025) is $4,542,055 with $62,108 in property tax.
How does 705 Grove Pl's assessment compare to its last sale price?
The current assessment is 14.3% below the last sale price of $5,300,000.
When was 705 Grove Pl built?
705 Grove Pl was built in 2003.
How does 705 Grove Pl compare to others on Grove Pl?
We track 8 other properties on Grove Pl. Browse the list under "Other properties on Grove Pl" to compare beds, baths, and sale history.
What are the property facts for 705 Grove Pl?
705 Grove Pl is a 4 bed, 6 bath, 6,231 sqft, 42,150 sqft lot single_family.
Is 705 Grove Pl a flip candidate?
No — 705 Grove Pl does not appear in our flips dataset.
Is 705 Grove Pl a tax-appeal candidate?
No — 705 Grove Pl 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
-0.7%
Implied 1-yr
-3.0%
2026 Q3
$1.46M
2026 Q4
$1.44M
ZIP 32963 — Median Price History + Forecast

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