$8,016

closing credit¹

5151 Formosa Cir Vero Beach, FL 32967

$675,000
3 beds
2 full, 1 partial
1,893 sqft
0.2 acres
$357 / sqft
House

Property details

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.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,893 sqft
Lot size0.16 Acres
Year built2011
ParkingGarage
MLS #282305
Garage2 spaces
WaterfrontLake Front, Pond
ViewGarden, Lake

Summary

  • MLS Number: 282305
  • MLS Name: IndianRiver
  • 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© 2025 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: 1/31/2025, 7:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view featuring a water view

$675,000

5151 Formosa Cir

$8,016

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 17, 2011
Home Sold
$263,300

Tax history

YearAssessmentProperty Tax
2023$399,352$5,183
2022$362,258$4,550
2021$322,904$4,550
2020$322,904$4,332
2018$221,196$2,946
2017$216,646$2,919

History based on county public records data.

Nearby schools

5

Dodgertown Elementary School

Public District PK-5

1.3 mi

4350 43rd Ave

7

St. Peter's Academy

Public Charter KG-6

1.6 mi

4250 38th Ave

4

North County Charter School

Public Charter KG-5

2.2 mi

6640 Old Dixie Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

16%
<35k
55%
35k-100k
24%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
9%
Single, with Kids
43%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
17%
18-34 yrs old
41%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • ArbysArbys

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 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.

In December 2024 more than 16 listings in Vero Beach, FL were sold above the asking price. During the same period more than 42 listings were sold at asking price, while more than 159 were sold below. Between November and December 2024, Vero Beach, FL real estate market has seen increase in the number of listings by 6.3%. While the average time on the market in December 2024 was 101 days, the median list price was $415,829.

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

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