4870 Lake Waterford Way #1-221, Melbourne, FL 32901
Home value
$185,300
$170,000 - $202,000
$1,738/mo
Owner options
$1,738/mo
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Zillow last checked:
Listing updated:
Patricia Cappello 772-559-3412,
Coldwell Banker Paradise
Jill Allison Adams, 3460288
Madison Allied LLC
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Tile, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 1,265 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Glass Enclosed, Porch, Screened
- Has view: Yes
- View description: Pond
- Has water view: Yes
- Water view: Pond
Lot
- Size: 4,356 Square Feet
- Features: Corner Lot
Details
- Additional parcels included: 2831022
- Parcel number: 2837210040.T
- Zoning description: Condominium
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Frame
- Roof: Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: The Gables II at Lake In The Woods Ph III
HOA
- Has HOA: Yes
- Amenities included: Management - Full Time, Pickleball, Pool, Tennis Court(s)
- Services included: Cable TV, Insurance, Internet, Maintenance Grounds, Trash
- HOA fee: $400 monthly
- HOA name: Lake in the Woods Gables III
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $175,060
- Annual tax amount: $1,291
- Date on market: 10/18/2025
- Listing terms: Cash,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Sold | $187,000-8.8%$148/sqft |
Source: Space Coast AOR #1059959 Report a problem | ||
| 1/26/2026 | Pending sale | $205,000$162/sqft |
Source: Space Coast AOR #1059959 Report a problem | ||
| 12/6/2025 | Price change | $205,000-6.8%$162/sqft |
Source: Space Coast AOR #1059959 Report a problem | ||
| 11/5/2025 | Price change | $220,000-2.2%$174/sqft |
Source: Space Coast AOR #1059959 Report a problem | ||
| 10/18/2025 | Listed for sale | $225,000+230.9%$178/sqft |
Source: Space Coast AOR #1059959 Report a problem | ||
| 11/4/1997 | Sold | $68,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,291 -58.3% | $115,260 -34.2% |
| 2024 | $3,096 +18.3% | $175,290 +20.2% |
| 2023 | $2,618 +434.1% | $145,840 +124.5% |
| 2022 | $490 -1.1% | $64,970 +3% |
| 2021 | $495 +0.9% | $63,080 +1.4% |
| 2020 | $491 -1.5% | $62,210 +2.3% |
| 2019 | $498 | $60,820 +1.8% |
| 2018 | $498 -0.4% | $59,750 +2.1% |
| 2017 | $500 -0.5% | $58,530 +2.1% |
| 2016 | $503 -3.3% | $57,330 -2.8% |
| 2015 | $520 -57.6% | $58,990 +10% |
| 2014 | $1,227 | $53,630 +10% |
| 2013 | -- | $48,760 |
| 2012 | $1,072 -14.5% | -- |
| 2011 | $1,254 -5.6% | -- |
| 2010 | $1,328 -12.9% | -- |
| 2009 | $1,525 -16.8% | -- |
| 2008 | $1,832 -18.9% | -- |
| 2007 | $2,259 +34.1% | -- |
| 2005 | $1,685 +10.9% | -- |
| 2004 | $1,520 +12.6% | -- |
| 2003 | $1,350 +6.4% | -- |
| 2002 | $1,269 +17.7% | -- |
| 2001 | $1,078 +5.7% | -- |
| 2000 | $1,019 | -- |
Neighborhood: 32901
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Riviera Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 2/10Palm Bay Magnet Senior High SchoolGrades: PK,8-12Distance: 0.8 mi
- 3/10Stone Magnet Middle SchoolGrades: 7-8Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Riviera
- Middle: Stone
- High: Palm Bay
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Brevard County
- Melbourne
- 32901
- 4870 Lake Waterford Way Unit 1-221