$615,000

5151 Formosa Cir Vero Beach, FL 32967

$7,303
Closing credit¹
3 beds
2 full, 1 partial
1,983 sqft
$310 / sqft
House

Property details

About 5151 Formosa Cir

Beautifully updated 3BR/2.5BA home in the Isles at Waterway Village with peaceful water and preserve views. Features impact windows/doors, crown molding, custom built-ins, and a stylish kitchen with quartz counters and stainless appliances. Spacious primary suite offers a walk-in closet/safe room. Enjoy serene mornings overlooking protected wetlands. Gated community with sidewalks, resort-style pool, fitness center, tennis, and pickleball. Impeccably maintained and move-in ready in a prime Vero Beach location!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size1,983 sqft
Year built2011
ParkingDriveway, Garage - Attached
MLS #RX-11092556
Attached garage2 spaces
WaterfrontLake Front, Pond
ViewGarden, Lake

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Tile, Wood Floor
  • Interior: Built-in Shelves, Laundry Tub, Walk-in Closet
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Driveway, Garage - Attached
  • Waterfront: Lake Front, Pond
  • View: Garden, Lake
  • Exterior: Screened Patio
  • Architectural Style: Traditional
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • List Price: $615,000
  • Price/SqFt: $310
  • HOA Amount: $476 Monthly
  • Annual Tax Amount: $5,183
  • Tax Year: 2023
  • Directions: from US1 turn west on 53rd street turn right onto 58th Avenue, travel .5 miles, then turn left onto Waterway Village Blvd.
  • Year Built: 2011
  • Stories: 1
  • Living Area: 1,983 SqFt
  • MLS Number: RX-11092556
  • Office Name: Keller Williams Realty of VB
  • Office Phone: (772) 257-8000
  • Listing Agent: Brenda Durwin
  • Agent Phone: (772) 538-1116

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 4:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5151 Formosa Cir, Vero Beach, FL 32967 - property entrance with stucco siding

$615,000

5151 Formosa Cir

$7,303

closing credit¹

Sell your home with Rocket and save even more!

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

2

Dodgertown Elementary School

Public District PK-5

1.3 mi

4350 43rd Ave

3

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. Most Vero Beach, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

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

The listing price of 5151 Formosa Cir property is $615,000.

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

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

The nearby schools for 5151 Formosa Cir are: Dodgertown Elementary School (GreatSchools Rating 2/10), St. Peter's Academy (GreatSchools Rating 3/10), North County Charter School (GreatSchools Rating 4/10), Storm Grove Middle School (GreatSchools Rating 5/10), Gifford Middle School (GreatSchools Rating 4/10), Imagine at South Vero (GreatSchools Rating 8/10), Indian River Virtual Instruction Program (GreatSchools Rating 4/10), Indian River Charter High School (GreatSchools Rating 7/10), Alternative Center for Education (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $5,183 (source: MLS/based on county public records data).

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

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

The property 5151 Formosa Cir is 1,983 SqFt (source: MLS/tax record).

The year of construction for 5151 Formosa Cir is 2011.

This home is located at 5151 Formosa Cir in Vero Beach, FL and zip code 32967. This 1,983 square foot home was built in 2011. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $615,000.

In April 2025 more than 21 listings in Vero Beach, FL were sold above the asking price. During the same period more than 50 listings were sold at asking price, while more than 251 were sold below. Between March and April 2025, Vero Beach, FL real estate market has seen increase in the number of listings by 5%. The median list price of listings available in April 2025 was $408,524, while the average time on the real estate market was 93 days.

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

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