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4640 Lake Waterford Way APT 3, Melbourne, FL, 32901

3beds
2baths
1,491sqft
$209,000
$140price/sqft
$1,606/moest. monthly cost
$64,240/yrincome needed

About This Home

Get Settled Before Labor Day! Move-In Ready 1st Floor Condo. Updated with Beautiful Wood Floors, Shiplap Accents, 5'' Baseboards, Huge Enclosed Porch with Gorgeous Views of the Lake. This One Level Condo Offers Room to Roam with 3 Bedrooms- One is Currently Used as an Office/Guest Room with Built-in Bookshelves. Newer Hurricane Impact Sliding Doors. Great Proximity to Major Roadways. Close to Patrick, the Beach and 45 minutes to MCO Airport. Well-Run Community. Optional Amenities = Lower Monthly Fee! Make This Your Last Move!

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

8/10
Riviera Elementary SchoolGrades PK-61.3 mi
2/10
3/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1986

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Range,Refrigerator,Washer
  • Laundry features: In Unit

Bathroom2

  • Level: First
  • Area: 144
  • Dimensions: 12.00 x 12.00

Bathroom3

  • Level: First
  • Area: 144
  • Dimensions: 12.00 x 12.00

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Area: 99
  • Dimensions: 11.00 x 9.00

Features

  • Breakfast Bar,Breakfast Nook,Built-in Features,Ceiling Fan(s),Entrance Foyer,His and Hers Closets,Primary Bathroom - Shower No Tub
  • Flooring: Laminate,Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,966
  • Total interior livable area: 1,491 sqft

Living Room

  • Level: First
  • Area: 198
  • Dimensions: 18.00 x 11.00

Master Bedroom

  • Level: First
  • Area: 165
  • Dimensions: 15.00 x 11.00

Other

  • Level: First
  • Area: 418
  • Dimensions: 22.00 x 19.00

Property

Details

  • Parcel number: 2837210000031.K0000.00
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Glass Enclosed,Rear Porch
  • Has view: Yes
  • View description: Pond
  • Has water view: Yes
  • Water view: Pond
  • On waterfront: Yes
  • Waterfront features: Lake Front

Lot

  • Lot size: 6,969 sqft
  • Features: Cul-De-Sac

Parking

  • Parking features: Assigned,Guest

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,056$12,672
Home Insurance *$235$2,820
Property Taxes $118$1,416
Electricity $197$2,366
Total$1,606$19,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,062/yr
40% on housing$48,180/yr
45% on housing$42,826/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$140This listing

vs Other Active Listings

Avg $/sqft

ZIP 32901$173
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32901$202
Brevard County$209

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$209,000
2022-01-25Sold$200,000
2021-12-30Contingent$197,500
2021-12-28Listed for sale$197,500
2016-04-20Sold$90,000
2016-02-26Pending sale$94,900
2016-02-19Listed for sale$94,900

For Sale by Agent

AgentPatricia Ziehler
BrokerageLokation Real Estate

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