5050 Fairways Circle

Vero Beach, FL 32967

$1,700/mo

2Beds

2Baths

1,070Sq ft

1998Year built

CondoType

About this home

Reserve it NOW ! Furnished annual rental, beautiful 2 bedroom, 2 bath condo with enjoyable lake & fountain views. Split and open floor plan. Located within minutes from Central beach. Absolutely super desirable location, near medical, shopping and best restaurants. Gated community with many amenities: Billiards, Community Pool, Exercise/fitness room, Library, Lobby, Picnic Area, Play area, Tennis court(s). Resort like community where every day is like a vacation. Nicely maintained and Lushly landscaped with lovely tropical flowers, manicured lawn. Condo association approval required. To start process, following needed: copy of the lease agreement, a common area security deposit of $1,000 and a non-refundable application fee of $100.00 payable to FAIRWAYS AT GRAND HARBOR Condominium Association application must be received by the Association not less than fifteen (15) business days prior to the first day of rental (Weekend, Holidays, and day of receipt excluded).

Features

Waterfront
Private pool

Property details

Listing

MLS #: R11144805
Status: For sale
Listed on: Dec 2, 2025
Days on market: 254 days
Listing data updated: Mar 31, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,070 ft²
Unit: 301

Building & community

Type: Condo
Year built: 1998
County: Indian River

Lot & exterior

Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?