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$224,900 -$5,000 (-2.17%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,915 Sq. Ft.
  • Updated 2 days ago
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Unique two-story penthouse offering 3 bedrooms and 3 full bathrooms in a convenient central location. Upon entry, the main living area opens to a screened balcony overlooking peaceful water and a fountain, with abundant natural light from skylights and the open loft many feet above. The living room features a fireplace and flows to the balcony, which includes a dedicated laundry area. The kitchen is to the right with a breakfast nook for casual dining. All three bedrooms are located on the first floor, including the primary bedroom, offering comfortable main-level living. Upstairs, a spacious loft overlooks the living area below and provides exceptional flexibility. With two closets and its own full bathroom with shower, this space can easily function as a fourth bedroom, family room, game room, or media room. Assigned parking is located directly in front of the unit stairs for convenience. Ideally situated near shopping, including Florida Institute of Technology & minutes to beaches.

Full Property Details for 4740 Lake Waterford Way #4-112

General

  • Price: $224,900
  • HOA FEE: $420/month
  • Taxes: $670 (2023)
  • Status: Active
  • Type: Condo
  • Source: BrevardCounty
  • MLS ID: 1064071
  • Updated: 1/16/2026
  • Added to Site: 38 day(s) ago

Interior

  • Interior Features: Breakfast Nook
  • Fireplace: Yes
  • Fireplace(s): Wood Burning
  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Balcony

Parking

  • Parking Features: Detached

Location

  • Area: 330 - Melbourne - Central
  • County: Brevard
  • Subdivision: The Gables at Lake In The Woods Ph I
  • Driving Directions: Palm Bay Rd, North on Stack Blvd to Lake Waterford Way, turn East, condo building is on your left (North) just a bit off of Stack Blvd.
  • Direction Faces: South

Community

  • Association: Yes
  • Assoc. Name: LAKE-IN-THE-WOODS CONDOMINIUM ASSOCIATION, INC.
  • Assoc. Fees Include: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Water Connected

Structural Information

  • Exterior Const.: Other
  • Stories/Levels: 2
  • Square Feet: 1,915
  • Living Area: 1,915 Sq. Ft.
  • Current Bldg. Use: Multi-Family, Residential
  • Year Built: 1986

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,970
  • Lot Features: Few Trees, Other

Water Features

  • Water Front: Yes

Financial Considerations

  • Price Per Sq. Ft.: $117.44
  • Association Fee: Yes
  • Association Fee: $420
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $670.73
  • Tax Year: 2023
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 28-37-21-00-00032.O-0000.00

Listed by Keller Williams Realty Brevard

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— 4740 Lake Waterford Way #4-112 —

  • Keller Williams Realty Brevard

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4740 Lake Waterford Way #4-112

School District:Brevard County School District
NameGradesDistance
Palm Bay Magnet Senior High School
101 Pirate Lane, Melbourne, FL 32901
9-120.8 mi
Riviera Elementary School
351 Riviera Drive Northeast, Palm Bay, FL 32905
PK-61.2 mi
Stone Magnet Middle School
1101 East University Boulevard, Melbourne, FL 32901
7-82.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4740 Lake Waterford Way #4-112 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$224,900
-2.17%
MLS
1/10/2026
Price Reduced
$229,900
-2.17%
MLS
12/11/2025
Listed
$235,000
27.03%
MLS
4/24/2023
Sold
$185,000
—
Public Record
Get Price Alerts and Save Property
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 for 4740 Lake Waterford Way #4-112

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,115
-14%
$176,250
-14%
2024
$3,619
502%
$205,670
219%
2023
$601
4%
$64,570
6%
2021
$579
2%
$60,870
-3%
2022
$566
-2%
$62,690
4%
2021
$579
-2%
$60,030
4%
2018
$593
-1%
$57,600
2%
2017
$601
-4%
$56,420
2%
2016
$623
-2%
$55,260
1%
2015
$637
8%
$54,880
-6%
2019
$588
-7%
$58,690
8%
2014
$631
—
$54,450
1%
2013
$633
—
$53,650
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Realty Brevard

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4740 Lake Waterford Way #4-112, Melbourne, FL 32901 (MLS# 1064071) is a Condo property with 3 bedrooms and 3 full bathrooms. 4740 Lake Waterford Way #4-112 is currently listed for $224,900 and was received on December 11, 2025. Want to learn more about 4740 Lake Waterford Way #4-112? 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.

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