When was property at 5181 Formosa Circle built and last sold?

The property at 5181 Formosa Circle was built in 2013 and last sold on May 21, 2018 for $398,000.

How much is this home worth?

The estimated value of the home located at 5181 Formosa Circle is $0.

What are some comparable homes to 5181 Formosa Circle?

There are currently no comparable homes to 5181 Formosa Circle.

Indian River

32967

5181 Formosa Circle

$398,000

● House - Off Market

5181 Formosa Circle

Vero Beach, FL 32967

4 Beds

4 Baths

2,537 Ft²

$622,741

RealtyHop Estimate

52.26%

Since Jun 1, 2018

National-US

Primary Model

About This Property

One of a kind luxury 4 bedroom 4 bath Carlyle model featuring a backyard oasis w/ stacked stone summer kitchen; fabulous upgrades include hickory floors, custom closets, extensive crown molding & wainscoting, custom designed breakfast area counter/cabinet, upgraded appliances, hardwired landscape lighting, epoxy garage floor. One of the last homes built in development. A must see home! Community offers heated community pool, tennis courts, exercise room, tot lot. Close proximity to beaches, shopping and restaurants

Unit Size

2,537 Ft²

Days on Market

93 days

Land Size

0.21 acres

Price per sqft

$161

Property Type

House

Property Taxes

$417

HOA Dues

$348

Year Built

2013

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R10407883)

Price History

Date / Event	Date	Event
May 29, 2018	Sold	Premium
Sold
Feb 17, 2018	Listed by BEX Realty, LLC	$409,000
Listed by BEX Realty, LLC
Apr 11, 2013	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2013

Effective Year Built: 2013
Building Count: 1
Total Rooms: 7
Bedroom Count: 4
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Bathroom Plumbing Fixtures: 14
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: 440
Parking Space Count: 2
Patio Type: 11
Porch Type: 102
Pool Type: 0
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 9,148

Lot Size Depth Feet: 1,350
Lot Size Frontage Feet: 640
Total Building Area: 2,977
Gross Building Area: 2,977
Building Area: 2,537
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,537
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: 0000000210
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 368A PBI 25-16

Neighborhood

School District Name: Indian River County School District

Census Tract: 050811

Zoning

Zoning: PD

Geography

Parcel: 32-39-21-00011-0000-00368.0

Lot: 368A
Meridian: SEC 21 TWN 32S RNG 39E
Municipality: UNINCORPORATED
Latitude: 27.6861
Longitude: -80.439

Address

Full Address: 5181 Formosa Cir

Address - House Number: 5181
Address - Street Name: Formosa
Address - Suffix Type: Cir
State: FL
City Name: Vero Beach
Carrier Code: R052
4-Digit Zip Code: 7675
Zip Code: 32967

Valuation

Tax

Total Area: 2,941

Tax Year: 2022
Tax Amount: $359,944
Tax Rate Code Area: 7

Appraisal Valuation

Standard Deviation: 0.2084

Valuation Date: Jan 03, 2024
Confidence Score: 71
Final Value: 664,275
High Value: 802,758
Low Value: 525,793

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $432,209

Market Land Value: $34,000
Market Improvement Value: $398,209

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $283,901

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 21, 2018

Current Sale Recording Date: May 29, 2018
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120180032604
Previous Sale Recording Date: Apr 11, 2013
Previous Sale Contract Date: Mar 15, 2013
Previous Sale Amount: $302,600
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

Premium
First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

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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

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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

1959 ft²

Average Home Age

28.5 years

Currently For Sale

1699 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

$1,650 /mo

2 Beds
1 Bath
450 ft²

4250 29th Avenue #A, 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: Cheryl P Goff
BEX Realty, LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10407883

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.

5181 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