First Floor, One-Story 3 BR, 2 Bath Melbourne Condo for under $186,000! VA Approved! Conveniently located in Lake in the Woods of Melbourne! Maintenance Free Florida Living! Water, Sewer, Cable, Internet, Pest Control, Exterior Maintenance, Building Insurance (exterior), Landscaping, Community Pool & Clubhouse included in $420 Monthly Fee. Cheerful unit with large kitchen, spacious living and dining rooms and relaxing enclosed Florida Room/Porch overlooking peaceful pond and lush landscaping. All appliances included - even washer & dryer! Unit needs some spiffing and TLC but what an opportunity! New owner may not rent unit for first two years. Pets 20 lbs and under allowed. Buyers must be approved by association. 10 Minute drive to shopping, medical, restaurants, Downtown Melbourne, the Intracoastal Waterway and beaches of the Atlantic Ocean! Close to Florida Tech, L3 Harris and Northrop Grumman.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1987
Stories: 1
Living Area: 1,155 SqFt
Listing Office:
Office Name: Melbourne Realty, Inc.
Office Phone: (321) 723-3421
Listing Agent: Stacey Buchanan
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,415
Per Month
Principal & Interest
$928
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$420
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$624
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Riviera Elementary School
351 Riviera Dr NE
Distance between this listing and this school1.24 miles
Public District Grades PK-6
4
/10
Imagine Schools at West Melbourne
3355 Imagine Way
Distance between this listing and this school1.36 miles
Public Charter Grades KG-6
3
/10
University Park Elementary School
500 W University Blvd
Distance between this listing and this school1.55 miles
Public District Grades PK-6
Nearby Schools
4
/10
Palm Bay Academy Charter School
2112 Palm Bay Rd NE
Distance between this listing and this school1.22 miles
Public Charter Grades KG-8
2
/10
Stone Magnet Middle School
1101 E University Blvd
Distance between this listing and this school2.16 miles
Public Magnet Grades 7-8
3
/10
Central Middle School
2600 Wingate Blvd
Distance between this listing and this school2.56 miles
Public District Grades 7-8
Nearby Schools
3
/10
Palm Bay Magner High School
101 Pirate Ln
Distance between this listing and this school0.82 miles
Public Magnet Grades 9-12
6
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school3.43 miles
Public District Grades 9-12
7
/10
Pineapple Cove Classical Academy
6162 Minton Rd NW
Distance between this listing and this school3.73 miles
The neighbors living near this home have an average income of $43,503. Typical income of Melbourne, FL residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4900 Lake Waterford Way W Unit 2113
What is the listing price of this property?
The listing price of 4900 Lake Waterford Way W Unit 2113 property is $185,900.
What type of property is this?
The property 4900 Lake Waterford Way W Unit 2113 is a condo located in Melbourne, Florida, 32901.
Is this property for sale now?
Active Listing: 4900 Lake Waterford Way W Unit 2113 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 4900 Lake Waterford Way W Unit 2113 has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 4900 Lake Waterford Way W Unit 2113 is 1,155 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4900 Lake Waterford Way W Unit 2113 is 1987.
This home is located at 4900 Lake Waterford Way W Unit 2113 in Melbourne, FL and zip code 32901. This 1,155 square foot home, which was built in 1987, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $185,900.
In November 2024 more than 6 listings in Melbourne, FL were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 134 were sold below. Between October 2024 and November 2024, Melbourne, FL real estate market has seen increase in the number of listings by 2.9%. Listings spent 65 days on the market in November 2024, and had a median list price of $420,005 during the same period.
From Rocket Homes Real Estate and based on county public records data.