When was property at 5110 Formosa Circle built and last sold?

The property at 5110 Formosa Circle was built in 2012 and last sold on Dec 28, 2023 for $590,000.

How much is this home worth?

The estimated value of the home located at 5110 Formosa Circle is $0.

What are some comparable homes to 5110 Formosa Circle?

There are currently no comparable homes to 5110 Formosa Circle.

Indian River

32967

5110 Formosa Creek

Sold on Dec 29, 2023

Map

$590,000

● House - Off Market

5110 Formosa Creek

Vero Beach, FL 32967

3 Beds

2 Baths

2,000 Ft²

$3,660

Est. Monthly

$413

HOA / Fees

About This Property

Enjoy relaxing in the new extended lanai overlooking the lake and bright southern exposure. You'll love the fully upgraded kitchen, baths & laundry room w/designer high-quality cabinets, pullout shelves and soft close doors, quartz countertops, SS sinks & upgraded plumbing. New carpet in 2 bedrooms and new tile throughout the main living areas. Stylish new fireplace with granite face, cabinets & custom wood countertop, 65" TV stays! New Trane A/C. New Whirlpool refrigerator, two new impact sliders, garage cabinets/slat walls & epoxy flooring. Resort Style Living 15 minutes from the beach!!

Unit Size

2,000 Ft²

Days on Market

56 days

Land Size

Price per sqft

$305

Property Type

House

Property Taxes

$251

HOA Dues

$413

Year Built

2012

Payment Calculator

Cap Rate Calculator

Last updated: 18 days ago (Beaches MLS #F10408149)

Price History

Date / Event	Date	Event
Dec 29, 2023	Sold	Premium
Sold
Nov 16, 2023	In contract	-
In contract
Nov 3, 2023	Listed by Keller Williams Realty of Vero	$610,000
Listed by Keller Williams Realty of Vero
Dec 1, 2021	No longer available	-
No longer available
Nov 30, 2021	Sold	Premium
Sold
Oct 3, 2021	In contract	-
In contract
Oct 2, 2021	Price Decreased	$440,000 ↓ $10K (2.2%)
Price Decreased
Sep 14, 2021	Listed by Keller Williams Realty of Vero	$450,000
Listed by Keller Williams Realty of Vero
Jan 29, 2013	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2012

Effective Year Built: 2012
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 10
Building Condition: 0
Building Quality: 1
Construction Type: 12
Building Style: 25
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 18
Floor Count: 100
Living Units: 1
Floor Cover: 11
Basement Type: 0
Basement Area: 0
Parking Type: 5
Garage Type: 1
Garage Square Area: 463
Parking Space Count: 2
Patio Type: 11
Porch Type: 111
Pool Type: 0
Location Influence Type: 71

Dimensions

Lot Size Square Feet: 7,405

Lot Size Depth Feet: 1,350
Lot Size Frontage Feet: 493
Total Building Area: 2,463
Gross Building Area: 2,661
Building Area: 2,000
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,000
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ISLES AT WATERWAY VILLAGE PD PLAT 1C REP
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: ISLES OF WATERWAY VILLAGE RE NO 1C LOT 397A PBI 25-16

Neighborhood

School District Name: Indian River County School District

Census Tract: 050811

Zoning

Zoning: PD

Geography

Parcel: 32-39-21-00011-0000-00397.0

Lot: 397A
Meridian: SEC 21 TWN 32S RNG 39E
Municipality: UNINCORPORATED
Latitude: 27.6864
Longitude: -80.4407

Address

Full Address: 5110 Formosa Cir

Address - House Number: 5110
Address - Street Name: Formosa
Address - Suffix Type: Cir
State: FL
City Name: Vero Beach
Carrier Code: R052
4-Digit Zip Code: 7645
Zip Code: 32967

Valuation

Tax

Total Area: 2,310

Tax Year: 2022
Tax Amount: $301,250
Tax Rate Code Area: 7

Appraisal Valuation

Standard Deviation: 0.0802

Valuation Date: Jan 03, 2024
Confidence Score: 94
Final Value: 594,020
High Value: 641,711
Low Value: 546,329

Market Valuation

Market Total Value: $347,734

Market Land Value: $34,000
Market Improvement Value: $313,734

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $242,055

Sales

Current Sale Contract Date: Dec 28, 2023

Current Sale Recording Date: Dec 29, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 63934
Previous Sale Recording Date: Nov 30, 2021
Previous Sale Contract Date: Nov 30, 2021
Previous Sale Amount: $439,700
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Indian River

Stats & Trends

Median Asking:

$390,000

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

Average Home Size

1957 ft²

Average Home Age

28.6 years

Currently For Sale

1642 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4250 29th Avenue, Vero Beach, FL, 32967

$1,250 /mo

1 Bed
1 Bath
340 ft²

4250 29th Avenue #B, Vero Beach, FL, 32967 Listing by Maria Sobinina

Unit for rent at 3370 45th Place, Vero Beach, FL, 32967

$1,200 /mo

2 Beds
1 Bath
572 ft²

3370 45th Place, Vero Beach, FL, 32967 Listing by Tareek S Beasley

Unit for rent at 4819 51st Court, Vero Beach, FL, 32967

$2,300 /mo

3 Beds
2 Baths
1,701 ft²

4819 51st Court, Vero Beach, FL, 32967 Listing by Rhonda L Beasley

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kimberly Ann Small
Keller Williams Realty of Vero
Last Updated: 18 days ago
Data Source: Beaches MLS, MLS# F10408149

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.