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For sale
    • Price cut: $24.9K (7/1)
    $525,000

    5137 Formosa Cir, Vero Beach, FL 32967

    3beds
    2,018sqft
    : 
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    Single Family Residence
    Built in 2012
    10,260 Square Feet Lot
    $-- Zestimate®
    $260/sqft
    $484/mo HOA

    What's special

    Lakefront retreatExtended lanaiHurricane shutters
    NEW AND IMPROVED PRICE! Welcome to your lakefront retreat in this beautifully updated 3BR/3BA 2012 Oakmont in desirable gated Isles at Waterway Village. Over $83K+ in upgrades - every detail shines—from the renovated kitchen with Fantasy granite to updated lighting, fixtures, and finishes throughout. Extended Lanai, Safe Room with hurricane shutters to add peace of mind, while thoughtful enhancements inside and out create a move-in ready home that lives like a private coastal escape. Resort style community features include clubhouse, gym, pickleball/tennis courts, heated pool and much more!
    112 days
    |
    340
    |
    12
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Diane Litzinger 772-999-5470,

    RE/MAX Crown Realty VB

    Source: Realtor Association of Indian River County,MLS#: 296066MLS LogoOriginating MLS: Indian River

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Bedroom
      • Dimensions: 17x15
      Bedroom
      • Dimensions: 12x13
      Bedroom
      • Dimensions: 12x11
      Den
      • Dimensions: 11x13
      Dining room
      • Dimensions: 12x12
      Foyer
      • Dimensions: 8x20
      Kitchen
      • Dimensions: 12x13
      Laundry
      • Dimensions: 7x10
      Living room
      • Dimensions: 16x23
      Screened porch
      • Dimensions: 21x8
      Screened porch
      • Dimensions: 35x15
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
      • Laundry: Laundry Room, Laundry Tub, In Unit
      Features
      • Bathtub, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s)
      • Flooring: Tile
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,018 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio, Porch, Screened
      • Exterior features: Enclosed Porch, Sprinkler/Irrigation, Porch, Rain Gutters
      • Pool features: Fenced, Gas Heat, Heated, Pool, Community
      • Has spa: Yes
      • Spa features: Hot Tub
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake, Pond
      Lot
      • Size: 10,260 Square Feet
      • Dimensions: 135 x 76
      • Features: < 1/4 Acre
      Details
      • Parcel number: 32392100011000000354.0
      • Zoning: ,
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One Story
      • Property subtype: Single Family Residence
      Materials
      • Block, Other, Concrete
      • Roof: Rolled/Hot Mop,Tile
      Condition
      • New construction: No
      • Year built: 2012

      Utilities & green energy

      • Sewer: County Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Clubhouse, Fitness, Other, Park, Pickleball, Sidewalks, Tennis Court(s), Gutter(s), Pool
      • Security: Gated Community, Smoke Detector(s)
      • Subdivision: Isles at Waterway Village
      HOA
      • Has HOA: Yes
      • Amenities included: Dues Paid Quarterly
      • Services included: Common Areas, Cable TV, Internet, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security, Trash
      • HOA fee: $484 monthly
      • HOA name: A R Choice
      Location
      • Region: Vero Beach

      Financial & listing details

      • Price per square foot: $260/sqft
      • Tax assessed value: $435,501
      • Annual tax amount: $5,962
      • Date on market: 3/26/2026
      • Listing terms: Cash,New Loan
      • Ownership: Single Family/Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Price change$525,000-4.5%$260/sqft
        Source: Realtor Association of Indian River County #296066 Report a problem
        5/21/2026Price change$549,900-3.5%$272/sqft
        Source: Realtor Association of Indian River County #296066 Report a problem
        3/26/2026Listed for sale$569,900+7.3%$282/sqft
        Source: Realtor Association of Indian River County #296066 Report a problem
        5/26/2022Sold$531,000+0.2%$263/sqft
        Source: Realtor Association of Indian River County #250110 Report a problem
        3/21/2022Pending sale$529,900$263/sqft
        Source: Realtor Association of Indian River County #250110 Report a problem
        3/8/2022Contingent$529,900$263/sqft
        Source: Realtor Association of Indian River County #250110 Report a problem
        3/6/2022Pending sale$529,900$263/sqft
        Source: BeachesMLS #RX-10781405 Report a problem
        3/4/2022Listed for sale$529,900+115.5%$263/sqft
        Source: Realtor Association of Indian River County #250110 Report a problem
        6/1/2012Sold$245,925-0.4%$122/sqft
        Source: Public Record Report a problem
        3/18/2012Price change$246,925-7.5%$122/sqft
        Source: DiVosta Report a problem
        2/26/2012Listed for sale$266,925$132/sqft
        Source: DiVosta Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,962 +6.7%$435,501 +2.9%
        2024$5,585 -1.6%$423,227 -2.7%
        2023$5,678 +91.6%$434,873 +82.2%
        2022$2,964 +0.4%$238,622 +3%
        2021$2,953 +0.5%$231,672 +1.4%
        2020$2,939 $228,474 +2.3%
        2019$2,939 -0.1%$223,338 +1.9%
        2018$2,942 +1.9%$219,174 +2.1%
        2017$2,888 $214,666 +2.1%
        2016$2,888 +1.3%$210,250 +0.7%
        2015$2,850 -3.4%$208,790 +0.8%
        2014$2,950 $207,140 +1.4%
        2013-- $204,260 +539.9%
        2012$466 +29.4%$31,920 +50%
        2011$360 -8.2%$21,280
        2010$392 +25.6%--
        2009$312 -11.6%$19,000 -16.7%
        2008$353 $22,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32967

        Getting around

        0 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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