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!
Sold for $489,000
$489,000
5151 Formosa Cir, Vero Beach, FL 32967
3beds
1,983sqft
Single Family Residence
Built in 2011
6,969.6 Square Feet Lot
$488,000 Zestimate®
$247/sqft
$4,267 Estimated rent
Home value
$488,000
$449,000 - $532,000
$4,267/mo
Zestimate® history
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List your homeWhat's special
Resort-style poolGated community with sidewalksCustom built-insSpacious primary suiteCrown molding
Zillow last checked:
Listing updated:
Listed by:
Peter John Marini III 772-473-6596,
Keller Williams Realty of VB,
Brenda Durwin 772-538-1116,
Keller Williams Realty of VB
Bought with:
Rick Wykoff, 3382391
Alex MacWilliam, Inc.
Source: Realtor Association of Indian River County,MLS#: 288101
Originating MLS: Indian River
Originating MLS: Indian RiverFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Dimensions: 17x15
Bedroom
- Dimensions: 12x12
Bedroom
- Dimensions: 12x12
Den
- Dimensions: 13x11
Kitchen
- Dimensions: 13x11
Living room
- Dimensions: 24x16
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Laundry: In Unit
Features
- Crown Molding, High Ceilings, Walk-In Closet(s)
- Flooring: Tile, Wood
- Doors: Sliding Doors
Interior area
- Total interior livable area: 1,983 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Screened
- Pool features: Pool, Community
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, Pond
Lot
- Size: 6,969 sqft
- Dimensions: 42 x 135
- Features: < 1/4 Acre
Details
- Parcel number: 32392100011000000360.0
- Zoning: ,
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Tile
Condition
- New construction: No
- Year built: 2011
Utilities & green energy
- Sewer: County Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Gated Community, Smoke Detector(s)
Community
- Community features: Clubhouse, Fitness, Other, Park, Sidewalks, Tennis Court(s), Pool
Location
- Region: Vero Beach
- Subdivision: Isles at Waterway Village
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $476 monthly
- Amenities included: Dues Paid Monthly
- Services included: Common Areas, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security
- Association name: AR Choice
Other
Other facts
- Listing terms: Cash,FHA,New Loan,VA Loan
- Ownership: Single Family/Other
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Sold | $489,000-2%$247/sqft |
Source:  Realtor Association of Indian River County #288101 Report a problem | ||
| 3/28/2026 | Contingent | $499,000$252/sqft |
Source: Realtor Association of Indian River County #288101 Report a problem | ||
| 3/5/2026 | Price change | $499,000-11.7%$252/sqft |
Source: Realtor Association of Indian River County #288101 Report a problem | ||
| 1/19/2026 | Price change | $565,000-2.4%$285/sqft |
Source: Realtor Association of Indian River County #288101 Report a problem | ||
| 12/30/2025 | Price change | $578,900-0.2%$292/sqft |
Source: Realtor Association of Indian River County #288101 Report a problem | ||
| 11/6/2025 | Price change | $579,900-0.9%$292/sqft |
Source: Realtor Association of Indian River County #288101 Report a problem | ||
| 9/26/2025 | Price change | $584,999-2.3%$295/sqft |
Source: Realtor Association of Indian River County #288101 Report a problem | ||
| 6/13/2025 | Price change | $599,000-2.6%$302/sqft |
Source: Realtor Association of Indian River County #288101 Report a problem | ||
| 5/17/2025 | Listed for sale | $615,000-1.6%$310/sqft |
Source: Realtor Association of Indian River County #288101 Report a problem | ||
| 4/24/2025 | Listing removed | $625,000$315/sqft |
Source: Realtor Association of Indian River County #282305 Report a problem | ||
| 2/7/2025 | Price change | $625,000-7.4%$315/sqft |
Source: Realtor Association of Indian River County #282305 Report a problem | ||
| 11/7/2024 | Price change | $675,000-3.6%$340/sqft |
Source: Realtor Association of Indian River County #282305 Report a problem | ||
| 10/24/2024 | Listed for sale | $700,000+165.9%$353/sqft |
Source: Realtor Association of Indian River County #282305 Report a problem | ||
| 11/17/2011 | Sold | $263,300$133/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,790 +6.9% | $423,262 +2.9% |
| 2024 | $5,417 +4.5% | $411,333 +3% |
| 2023 | $5,184 +13.9% | $399,352 +10.2% |
| 2022 | $4,551 +6.4% | $362,258 +12.2% |
| 2021 | $4,279 -1.3% | $322,904 |
| 2020 | $4,333 | $322,904 +43.3% |
| 2019 | $4,333 +45.7% | $225,399 +1.9% |
| 2018 | $2,973 +1.9% | $221,196 +2.1% |
| 2017 | $2,919 | $216,646 +2.1% |
| 2016 | $2,919 +1.3% | $212,190 +0.7% |
| 2015 | $2,881 -3.4% | $210,720 +0.8% |
| 2014 | $2,982 | $209,050 +1.5% |
| 2013 | -- | $205,970 +1.7% |
| 2012 | $2,755 +665.3% | $202,530 +851.7% |
| 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
Neighborhood: 32967
Nearby schools
GreatSchools rating
- 6/10Dodgertown Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 7/10Storm Grove Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Sebastian River High SchoolGrades: 9-12Distance: 6.7 mi
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Estimated market value
$488,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$488,000
- Florida
- Indian River County
- Vero Beach
- 32967
- 5151 Formosa Cir
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