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870 Lake Orchid Cir

Vero Beach, FL 32962

2 bd 2 ba 1,356 sqft Built 1989 condos
Most recent sale
$239,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2022 Sold $239,000 Public Record
Apr 21, 2022 Sold $239,000 IndianRiverCounty
Mar 4, 2022 Listed $239,500 MLS #252456
Feb 27, 2017 Sold $101,000 Public Record
Feb 23, 2017 Sold $114,000 IndianRiverCounty
Jan 4, 2017 Price changed $114,000 MLS #176257
Sep 23, 2016 Listed $118,000 MLS #176257
Jul 1, 1989 Sold $79,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $156,444 $1,773
2024 $156,444 $1,702
2023 $147,607 $1,619
2022 $124,836 $1,309
2021 $121,200 $121,200 $1,293
2020 $121,200 $121,200 $1,305
2019 $115,967 $115,967 $1,855
2018 $108,380 $108,380 $1,759
2017 $67,110 $587
2016 $65,730 $582
2015 $65,280 $604
2014 $64,770 $579
2013 $63,820 $567
2012 $63,820 $561
2011 $71,550 $624
2010 $71,550 $623
2009 $82,160 $729
2008 $82,080 $691
2007 $79,690 $867

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
Lake Orchid Cir
Coordinates
27.57713, -80.37122

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
12.60%
Implied cap rate
8.19%
Trend-extrapolated value

Frequently asked questions

When did 870 Lake Orchid Cir last sell?
870 Lake Orchid Cir most recently sold on Apr 25, 2022 for $239,000.
What is the current tax assessment for 870 Lake Orchid Cir?
The most recent total assessment for 870 Lake Orchid Cir (year 2025) is $156,444 with $1,773 in property tax.
How does 870 Lake Orchid Cir's assessment compare to its last sale price?
The current assessment is 34.5% below the last sale price of $239,000.
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, 1,356 sqft condos.
Is 870 Lake Orchid Cir a flip candidate?
No — 870 Lake Orchid Cir does not appear in our flips dataset.
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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