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5137 Formosa Circle, Vero Beach FL 32967

House Recently Sold
$531,000

BTC: 6.23239437

ETH: 200.37735849

Sold on: 2022-05-26
1 days
Waterfront
3 bds
2 ba
2,000 sqft

Overview

Popular Oakmont model with 3 bedrooms, plus a den and 2.5 bathrooms with a safe room. The Kitchen has 42'' wood cabinets, granite counters & stainless steel refrigerator, stove, and dishwasher (were replaced within the last couple of years) an open concept with views of the living room and lanai. Enjoy the beautiful extended lanai overlooking the lake. Accordion shutters on all windows. The front door is impact glass. Original owners, house is meticulously maintained. Plenty of community amenities to enjoy, heated pool, fitness room, game room, clubhouse and tennis courts.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage / No Rv/Boats
Year Built:
2012
Lot:
0.18 Acres
Heating:
Central / Electric
Price/sqft:
$265
Cooling:
Central Air / Paddle Fans
HOA:
$385

Valuation

Our model vs. what's actually selling nearby.
Estimate
$394,450
$359K – $502K
Confidence Low
List vs. estimate
$135K above estimate
List $529,900 · +34.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$264
+11.5% vs. city median $237
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,939
2021
HOA
$385/mo
Pool
Community
View
Lake, Lake View
Waterfront
Yes
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Paddle Fans

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Entrance Foyer

    • Laundry Tub

    • Stacked Bedroom

    • Walk-In Closet(s)

    • Den/Library/Office

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    • No Rv/Boats

    Property

    • Levels: 1

    • Pool Private: Yes

    Lot

    • Lot: 0.18 Acres

    Other Property Information

    • Parcel Number: 323921000110000003540

    • Zoning: PD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $385

    • HOA Frequency: Monthly

    • Annual tax amount: $2,939

  • Source details

    • MLS ID: R10781405

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Tub / Laundry Room / Utility Room/Laundry

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Pool Features: Community

    • Window Features: Complete Accordian Shutters / Hurricane Shutters

    • Direction Faces: Southeast

    • Other Structures: Livable

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2000

    • Water Source: Public

    • Subdivision Name: ISLES AT WATERWAY VILLAGE

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Realty of PSL