5137 Formosa Circle, Vero Beach, FL 32967

$525,000 — Active

Property Features

Map Map It    Virtual Tour

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!

▼ Price Reduced — originally listed at $569,900

Property Details

  • Listing ID: 296066
  • Status: Active
  • Listing Date: 2026-03-26
  • Property Type: Detached
  • Subdivision: Isles at Waterway Village
  • County: Indian River
  • MLS Area: County Central
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Living Area Sq Ft: 2,018
  • Lot Dimensions: 135x76
  • Year Built: 2012

Financial

  • List Price: $525,000
  • Original List Price: $569,900
  • HOA Fee: $484/mo
  • Taxes: $5,962/yr

Features & Amenities

  • Waterfront: Yes
  • View: Lake
  • Furnished: Unfurnished
  • Pets Allowed: Yes,BreedRestrictions,NumberLimit
  • Parking: Garage
  • Cooling: CentralAir
  • Heating: Central
  • Flooring: Tile
  • Construction: Block,Other,Concrete
  • Roof: RolledHotMop,Tile
  • Interior Features: Bathtub,GardenTubRomanTub,HighCeilings,Pantry,SplitBedrooms,WalkInClosets
  • Exterior Features: EnclosedPorch,SprinklerIrrigation,Porch,RainGutters
  • Community Amenities: DuesPaidQuarterly

Courtesy of RE/MAX Crown Realty VB
Contact Paul Kitchen Group to schedule an appointment or call .

RAIRC

© 2026 Starfish Real Estate. Listings updated Aug 13, 2026 2:03 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.