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$203,900
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Property Description
***$5,000 PRICE REDUCTION*** Beautifully updated first-floor condo offering 3 bedrooms and 2 full baths, perfectly positioned with serene views of a large pond right from your backyard. The spacious Primary Suite features a walk-in closet and private bath. Enjoy cooking and entertaining in the upgraded kitchen, complete with new cabinets, granite countertops, and stainless-steel appliances. Additional enhancements include a newer washer and dryer, newer water heater, stylish ceiling fans, and a built-in dining room credenza that adds both style and storage. Large bonus room adds to living area of the condo. This home combines comfort and convenience with a prime location close to shopping, restaurants, and everyday essentials--plus you're just 15 minutes from the stunning Atlantic Ocean beaches. A wonderful opportunity for easy care-free Florida living.
Full Property Details
Full Property Details for 4740 Lake Waterford Way #3-112
General
- Price: $203,900
- HOA FEE: $420/month
- Taxes: $3,192 (2025)
- Status: Active
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1069123
- Updated: 3/6/2026
- Added to Site: 51 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Bathroom - Shower No Tub, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Cable TV, Clubhouse, Maintenance Grounds, Maintenance Structure, Trash, Water
Parking
- Parking Features: Assigned, On Street
Location
- Area: 330 - Melbourne - Central
- County: Brevard
- Subdivision: The Gables at Lake In The Woods Ph I
- Driving Directions: Palm Bay Rd to North on Stack Blvd to Right on Lake Waterford Way. Property on the Left.
- Direction Faces: South
School Information
- Elementary School: Riviera
- Middle School: Stone
- High School: Palm Bay
Community
- Community Features: Cable TV, Clubhouse, Maintenance Grounds, Maintenance Structure, Trash, Water
- Association: Yes
- Assoc. Name: Lake in the woods Condo Association
- Assoc. Fees Include: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Other
- Heating Type: Central, Electric, Hot Water
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Composition Siding
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,491
- Living Area: 1,491 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1986
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Pond
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Frontage: Private Road
- Street/Road Desc.: Asphalt
- Lot Features: Other
Water Features
- Water Front: Yes
Financial Considerations
- Price Per Sq. Ft.: $136.75
- Association Fee: Yes
- Association Fee: $420
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,192.03
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 28-37-21-00-00032.N-0000.00
Listed by Collins And Assoc. R.E.
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Schools
Schools serving 4740 Lake Waterford Way #3-112
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Palm Bay Magnet Senior High School 101 Pirate Lane, Melbourne, FL 32901 | 9-12 | 0.8 mi |
Riviera Elementary School 351 Riviera Drive Northeast, Palm Bay, FL 32905 | PK-6 | 1.2 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4740 Lake Waterford Way #3-112
Date
Details
Price
Change
Source
3/06/2026
Price Reduced
$203,900
-2.44%
MLS
2/12/2026
Price Increased
$209,000
1.46%
MLS
2/11/2026
Listed
$206,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4740 Lake Waterford Way #3-112
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,537
-14%
$200,090
-14%
2024
$4,104
545%
$233,810
234%
2023
$636
4%
$69,960
6%
2021
$609
2%
$65,960
-3%
2022
$595
-2%
$67,930
4%
2021
$609
-2%
$65,050
4%
2018
$623
-1%
$62,410
2%
2017
$632
-4%
$61,130
2%
2016
$655
6%
$59,880
-6%
2019
$618
-8%
$63,590
7%
2015
$671
1%
$59,470
1%
2014
$664
—
$59,000
1%
2013
$667
—
$58,130
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4740 Lake Waterford Way #3-112
4740 Lake Waterford Way #3-112, Melbourne, FL 32901 (MLS# 1069123) is a Condo property with 3 bedrooms and 2 full bathrooms. 4740 Lake Waterford Way #3-112 is currently listed for $203,900 and was received on February 11, 2026. Want to learn more about 4740 Lake Waterford Way #3-112? Do you have questions about finding other Condo real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

