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5151 Formosa Cir, Vero Beach, FL, 32967

$675,000

Home List Price

$8,016*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,893 SqFt
$357/SqFt
House

Location

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5151 Formosa Cir, Vero Beach$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built2011
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontLake Front, Pond
ViewGarden, Lake
MLS #282305
Lot Size0.16 Acres
StatusActive

About 5151 Formosa Cir

An absolute showstopper of Waterway Village with updates and architectural details around every corner! This captivating 3-bedroom, 2.5-bathroom residence offers striking water views evocative of Florida's natural wetlands. Equipped with Impact windows & doors, this home features crown molding, chefs kitchen, stainless steel appliances, quartz countertops, built-in’s throughout. Waterway Village community amenities include a pool, fitness center, tennis, gated-entrance and sidewalks.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 2011
  • Stories: 1
  • Living Area: 1,893 SqFt

Listing Office:

  • Office Name: One Sothebys Intl Realty
  • Office Phone: (772) 321-5080
  • Listing Agent: Hank Wolff

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Crown Molding, High Ceilings, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Pond
  • View: Garden, Lake

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: 58th Ave N to Waterway Village.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $357/SqFt

Tax Information:

  • Annual Amount: $4,333
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Vero Beach, FL.

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Vero Beach, FL

City

Med. Sold Price

$413.8K

Med. Price/SqFt

$237

Avg. Days On Market

90

# of Sold Homes

184

5151 Formosa Cir vs Vero Beach

36 DAYS ON ROCKET

-54 Days

$675,000

+$261.1K More

$357/SqFt

+$119 More

KEY TAKEAWAY

This property is $261.1K more than the Median Sold Price and $119/SqFt more than other homes in Vero Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IndianRiver
  • MLS Number: #282305

Listing Office:

  • Office Name: One Sothebys Intl Realty
  • Office Phone: (772) 321-5080
  • Listing Agent: Hank Wolff

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Realtor Association of Indian River County. The information being provided is 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. Information deemed reliable but not guaranteed. Copyright© 2024 Realtor Association of Indian River County. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:16:12 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 17, 2011Home Sold
$263,300

Tax History

YEARPROP. TAXASSESSMENT
2020$4,333$322,904
2018$2,946$221,196
2017$2,919$216,646

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4522520
5
/10

  • Dodgertown Elementary School

  • 4350 43rd Ave

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-4522521
7
/10

  • St. Peter's Academy

  • 4250 38th Ave

  • 1.57 miles

  • Public Charter Grades KG-6

school-card-donut-4522522
4
/10

  • North County Charter School

  • 6640 Old Dixie Hwy

  • 2.16 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,472. Most Vero Beach, FL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5151 Formosa Cir

What is the listing price of this property?

The listing price of 5151 Formosa Cir property is $675,000.

What type of property is this?

The property 5151 Formosa Cir is a house located in Vero Beach, Florida, 32967.

Is this property for sale now?

Active Listing: 5151 Formosa Cir is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,333 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 17, 2011 for $263,300. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5151 Formosa Cir has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5151 Formosa Cir is 1,893 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5151 Formosa Cir is 2011.

Rocket Homes›Florida›Indian River County›Vero Beach›32967›5151 Formosa Cir

This home is located at 5151 Formosa Cir in Vero Beach, FL and zip code 32967. This 1,893 square foot home, which was built in 2011, sits on a 0.16 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $675,000.

Over 16 listings were sold over their listed price in November 2024 in Vero Beach, FL. In the same period over 128 listings were sold below the listed price and 40 listings were sold for the listed price. Between October 2024 and November 2024, Vero Beach, FL real estate market has seen increase in the number of listings by 11.3%. While the average time on the market in November 2024 was 90 days, the median list price was $413,810.

From Rocket Homes Real Estate and based on county public records data.

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