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700 Lake Orchid Cir

Vero Beach, FL 32962

2 bd 2 ba 1,414 sqft Built 1995 condos
Most recent sale
$240,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2022 Sold $240,000 Public Record
Jun 3, 2022 Sold $240,000 IndianRiverCounty
Apr 18, 2022 Listed $255,000 MLS #253666
Dec 21, 2016 Sold $125,000 Public Record
Dec 19, 2016 Sold $128,000 IndianRiverCounty
Nov 4, 2016 Price changed $128,000 MLS #177294
Nov 3, 2016 Listed $125,000 MLS #177294
Feb 13, 1996 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $195,971 $195,971 $2,258
2024 $195,971 $195,971 $2,250
2023 $195,971 $195,971 $2,223
2022 $135,542 $2,135
2021 $123,220 $123,220 $1,893
2020 $115,052 $1,844
2019 $104,593 $104,593 $1,682
2018 $97,750 $97,750 $1,595
2017 $97,750 $97,750 $1,615
2016 $79,680 $733
2015 $79,130 $758
2014 $78,510 $726
2013 $77,350 $704
2012 $77,350 $700
2011 $85,090 $823
2010 $85,090 $822
2009 $93,620 $914
2008 $93,530 $867
2007 $90,810 $1,042

Property facts

Year built
1995
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,414 sqft
Lot size
ZIP code
32962
City
Vero Beach
Street
Lake Orchid Cir
Coordinates
27.57736, -80.36755

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
$2,616
Gross rental yield
13.08%
Implied cap rate
8.50%
Trend-extrapolated value

Frequently asked questions

When did 700 Lake Orchid Cir last sell?
700 Lake Orchid Cir most recently sold on Jun 7, 2022 for $240,000.
What is the current tax assessment for 700 Lake Orchid Cir?
The most recent total assessment for 700 Lake Orchid Cir (year 2025) is $195,971 with $2,258 in property tax.
How does 700 Lake Orchid Cir's assessment compare to its last sale price?
The current assessment is 18.3% below the last sale price of $240,000.
When was 700 Lake Orchid Cir built?
700 Lake Orchid Cir was built in 1995.
How does 700 Lake Orchid Cir compare to others on Lake Orchid Cir?
We track 8 other properties on Lake Orchid Cir. Browse the list under "Other properties on Lake Orchid Cir" to compare beds, baths, and sale history.
What are the property facts for 700 Lake Orchid Cir?
700 Lake Orchid Cir is a 2 bed, 2 bath, 1,414 sqft condos.
Is 700 Lake Orchid Cir a flip candidate?
No — 700 Lake Orchid Cir does not appear in our flips dataset.
Is 700 Lake Orchid Cir a tax-appeal candidate?
No — 700 Lake Orchid 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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