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5113 Formosa Cir

Vero Beach, FL 32967

3 bd 3 ba 2,001 sqft Built 2012 single_family
Most recent sale
$607,900
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 30, 2025 Sold $549,000 IndianRiverCounty
May 27, 2022 Sold $607,900 Public Record
Apr 21, 2022 Listed $539,000 MLS #253584
Feb 25, 2019 Listing removed $366,000 IndianRiverCounty
Jan 9, 2019 Listed $366,000 MLS #213379
Dec 19, 2017 Sold $354,000 Public Record
May 23, 2014 Sold $305,000 Public Record
Dec 31, 2012 Sold $250,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $308,498 $4,177
2024 $308,498 $3,846
2023 $291,072 $3,676
2022 $154,650 $1,786
2021 $150,146 $1,768
2020 $148,073 $1,752
2019 $144,744 $1,746
2018 $142,045 $1,725
2017 $229,859 $25,500 $255,359 $4,134
2016 $217,180 $25,500 $242,680 $3,907
2015 $188,860 $24,650 $213,510 $3,657
2014 $195,970 $3,302
2013 $194,050 $3,272
2012 $21,280 $360
2011 $21,280 $360
2010 $23,180 $392
2009 $19,000 $311
2008 $22,800 $353

Property facts

Year built
2012
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,001 sqft
Lot size
ZIP code
32967
City
Vero Beach
Street
Formosa Cir
Coordinates
27.68683, -80.44096

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,702
Gross rental yield
7.31%
Implied cap rate
4.75%
Trend-extrapolated value

Frequently asked questions

When did 5113 Formosa Cir last sell?
5113 Formosa Cir most recently sold on May 27, 2022 for $607,900.
What is the current tax assessment for 5113 Formosa Cir?
The most recent total assessment for 5113 Formosa Cir (year 2025) is $308,498 with $4,177 in property tax.
How does 5113 Formosa Cir's assessment compare to its last sale price?
The current assessment is 49.3% below the last sale price of $607,900.
When was 5113 Formosa Cir built?
5113 Formosa Cir was built in 2012.
How does 5113 Formosa Cir compare to others on Formosa Cir?
We track 8 other properties on Formosa Cir. Browse the list under "Other properties on Formosa Cir" to compare beds, baths, and sale history.
What are the property facts for 5113 Formosa Cir?
5113 Formosa Cir is a 3 bed, 3 bath, 2,001 sqft single_family.
Is 5113 Formosa Cir a flip candidate?
No — 5113 Formosa Cir does not appear in our flips dataset.
Is 5113 Formosa Cir a tax-appeal candidate?
No — 5113 Formosa Cir is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.6%
Implied 1-yr
-18.5%
2026 Q3
$356.6K
2026 Q4
$356.6K
ZIP 32967 — Median Price History + Forecast

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