When was property at 5113 Formosa Circle built and last sold?

The property at 5113 Formosa Circle was built in 2012 and last sold on May 25, 2022 for $607,900.

How much is this home worth?

The estimated value of the home located at 5113 Formosa Circle is $570,477.

What are some comparable homes to 5113 Formosa Circle?

There are currently no comparable homes to 5113 Formosa Circle.

Indian River

32967

5113 Formosa Circle

$549,000

● House - Off Market

5113 Formosa Circle

Vero Beach, FL 32967

3 Beds

3 Baths

2,001 Ft²

$3,577

Est. Monthly

$476

HOA / Fees

2.67%

Cap Rate

About This Property

Cinderella truly lives here.2012 Immaculate Oakmont - Isles at Waterway Village. Boasting of additional land to the West, on a large lakefront lot, 12 ft ceilings, granite, upgraded kitchen cabinets w/ matching cabinet pantry, separate office, split bedrooms, 3 master closets w/1 serving as a a safe space room ,dual master vanities, garden tub, newer appliances, 2024 Trane 3 ton HVAC, storage cabinets in garage, newly painted interior & exterior, plantation shutters, impact glass, oversized screened in porch and lanai.

Divosta at it's finest. Ht Pool, Tennis, Pickleball, Gym, and Club house.

Unit Size

2,001 Ft²

Days on Market

71 days

Land Size

Price per sqft

$284

Property Type

House

Property Taxes

$306

HOA Dues

$476

Year Built

2012

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Indian River #283071)

Price History

Date / Event	Date	Event
Jan 30, 2025	Sold	Premium
Sold
Dec 6, 2024	In contract	-
In contract
Nov 20, 2024	Listed by Coldwell Banker Paradise	$569,000
Listed by Coldwell Banker Paradise
May 27, 2022	Sold	Premium
Sold
May 26, 2022	No longer available	-
No longer available
Apr 23, 2022	In contract	-
In contract
Apr 13, 2022	Listed by Coldwell Banker Paradise	$539,000
Listed by Coldwell Banker Paradise
Feb 28, 2019	No longer available	-
No longer available
Jan 9, 2019	Listed	$366,000
Listed

	THIS IMPECCABLY KEPT 2012 BUILT OAKMONT MODEL IS A 3 BED, 3 BATH HOME W/DEN IN DESIRABLE ISLES AT WATERWAY HAS A GREAT VIEW OF GREEN SPACE & LAKE FROM THE OVERSIZED SCREENED LANAI. FEATURES INCLUDE IMPACT GLASS, UPGRADED KITCHEN W/GRANITE, STAINLESS STEEL APPLIANCES, BRICK PAVED DRIVEWAY & IS ONLY ABOUT 7-8 MILES FROM THE BEACH. CLUBHOUSE HAS A FITNESS CENTER, TENNIS COURTS & LARGE POOL.
Dec 19, 2017	Sold	Premium
Sold
May 23, 2014	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

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: 73
Porch Type: 111
Pool Type: 0
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 9,583

Lot Size Depth Feet: 1,350
Lot Size Frontage Feet: 674
Total Building Area: 2,463
Gross Building Area: 2,511
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: 0000000220
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 346A PBI 25-16

Neighborhood

School District Name: Indian River County School District

Census Tract: 050811

Zoning

Zoning: PD

Geography

Parcel: 32-39-21-00011-0000-00346.0

Lot: 346A
Meridian: SEC 21 TWN 32S RNG 39E
Municipality: UNINCORPORATED
Latitude: 27.6868
Longitude: -80.441

Address

Full Address: 5113 Formosa Cir

Address - House Number: 5113
Address - Street Name: Formosa
Address - Suffix Type: Cir
State: FL
City Name: Vero Beach
Carrier Code: R052
4-Digit Zip Code: 7646
Zip Code: 32967

Valuation

Tax

Total Area: 2,330

Tax Year: 2022
Tax Amount: $178,651
Tax Rate Code Area: 7

Appraisal Valuation

Standard Deviation: 0.1883

Valuation Date: Jan 03, 2024
Confidence Score: 75
Final Value: 553,243
High Value: 657,434
Low Value: 449,053

Market Valuation

Market Total Value: $358,618

Market Land Value: $34,000
Market Improvement Value: $324,618

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $154,650

Sales

Current Sale Contract Date: May 25, 2022

Current Sale Recording Date: May 27, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 34278
Previous Sale Recording Date: Dec 19, 2017
Previous Sale Contract Date: Dec 13, 2017
Previous Sale Amount: $354,000
Previous Sale Document Type: 71

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

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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

1947 ft²

Average Home Age

28.7 years

Currently For Sale

1646 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 4825 47th Court, Vero Beach, FL, 32967

$1,895 /mo

3 Beds
2 Baths
1,593 ft²

4825 47th Court, Vero Beach, FL, 32967 Listing by Cheryl L Smith

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Karen E Gaskill, Coldwell Banker Paradise
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 283071

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

5113 Formosa Circle

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Indian River

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions