NOT LISTED FOR SALE

5127 Formosa Cir Vero Beach, FL 32967

Waterway Village Neighborhood

Estimated Value: $500,980 - $601,000

3 Beds
3 Baths
2,000 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $565,000 $282 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,499/month

10 Days on Market

Highlights

  • 64 Feet of Waterfront
  • Gated Community
  • Furnished
  • Fitness Center
  • Clubhouse
  • Screened Porch

About This Home

As of May 2023

2012 Oakmont Perfection with impact windows and extended lanai! You don't want to miss this one. Make your appointments now!

Last Agent to Sell the Property

Kim Small

Keller Williams Realty of VB License #3048263 Listed on: 04/28/2023

Keller Williams Realty of VB

Last Buyer's Agent

Reinhard Hack

HBRES, Inc License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,810

Year Built

  • Built in 2012

Lot Details

  • 64 Feet of Waterfront
  • Lake Front
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Plantation Shutters
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Mobile Home

  • Mobile Home Make is 7724804660

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include cable TV, ground maintenance, security
  • Isles At Waterway Village Subdivision, Oakmont Floorplan

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,810

Year Built

Built in 2012

Lot Details

0

HOA Fees

$138 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US1 or 58th Ave to 53rd St Follow to Isles at Waterway Village entrance
  • Year Built: 2012
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Entrance Foyer, Living/Dining Room, Pantry, Separate Shower
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Furnished: Furnished
  • Appliances: Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile, Vinyl
  • Living Area: 2000.0
  • Dining Room Type: Den
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Water
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Other

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 413.0
  • Community Features: Clubhouse, Fitness Center, Gated, Pool
  • Senior Community: No
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Number Limit, Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Security

Lot Info

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4810.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 23, 2023
Sold by
Michael F Fisette Revocable Trust
Bought by
Sharpe Sandra Kay
Seller's Agent
Kim Small
Keller Williams Realty of VB
Buyer's Agent
Reinhard Hack
HBRES, Inc
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Views
81
Current Estimated Value
$555,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,505
Avg. Annual Appreciation
-0.70%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Divosta Homes Lp
Bought by
Fisette Michael F and Michael F Fisette Revocable Tr
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sharpe Sandra Kay $565,000 Patch Reef Title
Fisette Michael F $242,900 Pgp Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2023 05/23/23 Sold $565,000 -1.7% $283 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $575,000 -- $288 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,380 $399,326 $34,000 $365,326
2023 $5,380 $343,959 $0 $0
2022 $4,810 $355,284 $34,000 $321,284
2021 $4,287 $284,264 $34,000 $250,264
2020 $4,380 $286,899 $34,000 $252,899
2019 $4,441 $282,649 $29,750 $252,899
2018 $4,105 $257,304 $29,750 $227,554
2017 $4,099 $253,054 $0 $0
2016 $3,868 $240,200 $0 $0
2015 $3,622 $211,350 $0 $0
2014 $3,272 $194,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Small

    Seller's Agent in 2023

    Kim Small

    Keller Williams Realty of VB

    (772) 480-4660

    31 in this area

    136 Total Sales

    Kim Small
    Section Image

  • R

    Buyer's Agent in 2023

    Reinhard Hack

    HBRES, Inc

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10378370

BeachesMLS (Greater Fort Lauderdale)

APN: 32-39-21-00011-0000-00352.0

Florida Indian River County Vero Beach 32967 Waterway Village

5127 Formosa Cir, Vero Beach, FL

This home is located at 5127 Formosa Cir, Vero Beach, FL 32967 since 28 April 2023 and is currently estimated at $555,495, approximately $277 per square foot. This property was built in 2012. 5127 Formosa Cir is a home located in Indian River County with nearby schools including Dodgertown Elementary School, Storm Grove Middle School, and Sebastian River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively 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.

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