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870 Lake Orchid Cir

Vero Beach, FL 32962

2 bd 2 ba 1,400 sqft Built 1989 condo_townhome_rowhome_coop
Most recent sale
$263,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2023 Sold $275,000 IndianRiverCounty
Jan 14, 2023 Listed $289,000 IndianRiverCounty
Jan 12, 2023 Listed $289,000 BeachesMLS
May 6, 2022 Sold $263,000 Public Record
May 5, 2022 Sold $263,000 IndianRiverCounty
Mar 15, 2022 Listed $263,000 MLS #252757
May 19, 2021 Sold $140,000 Public Record
May 18, 2021 Sold $140,000 IndianRiverCounty
Apr 19, 2021 Relisted $149,500 MLS #242291
Apr 12, 2021 Listing removed $149,500 IndianRiverCounty
Mar 29, 2021 Listed $149,500 MLS #242291
Nov 14, 1994 Sold $81,000 Public Record
Jun 1, 1989 Sold $80,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $176,696 $176,696 $2,057
2024 $176,696 $176,696 $2,049
2023 $176,696 $176,696 $2,024
2021 $72,427 $598
2020 $71,427 $592
2019 $69,821 $593
2018 $68,519 $591
2017 $67,110 $586
2016 $65,730 $582
2015 $65,280 $604
2014 $64,770 $578
2013 $63,820 $567
2012 $63,820 $561
2011 $71,550 $623
2010 $71,550 $622
2009 $81,120 $713
2008 $81,040 $675
2007 $78,680 $852

Property facts

Year built
1989
Property type
condo_townhome_rowhome_coop
Stories
2
Beds
2
Baths
2
Living area
1,400 sqft
Lot size
ZIP code
32962
City
Vero Beach
Street
Lake Orchid Cir
Coordinates
27.57832, -80.37479

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
$2,590
Gross rental yield
11.82%
Implied cap rate
7.68%
Trend-extrapolated value

Frequently asked questions

When did 870 Lake Orchid Cir last sell?
870 Lake Orchid Cir most recently sold on May 6, 2022 for $263,000.
What is the current tax assessment for 870 Lake Orchid Cir?
The most recent total assessment for 870 Lake Orchid Cir (year 2025) is $176,696 with $2,057 in property tax.
How does 870 Lake Orchid Cir's assessment compare to its last sale price?
The current assessment is 32.8% below the last sale price of $263,000.
When was 870 Lake Orchid Cir built?
870 Lake Orchid Cir was built in 1989.
How does 870 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 870 Lake Orchid Cir?
870 Lake Orchid Cir is a 2 bed, 2 bath, 1,400 sqft condo_townhome_rowhome_coop.
Is 870 Lake Orchid Cir a flip candidate?
Yes — 870 Lake Orchid Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 870 Lake Orchid Cir a tax-appeal candidate?
No — 870 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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