5040 Pendelton Square, Vero Beach, FL 32967

$509,900

Virtual Tour

https://www.propertypanorama.com/5040-Pendelton-Square-Vero-Beach-FL-32967/unbranded

Virtual Tour

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Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,748 Status: Active

Current Price: $509,900 List Date: 5/21/2026 Last Modified: 7/22/2026

Overview

Description

Welcome home to this beautifully maintained Martin Ray model in the highly sought-after gated community of The Lakes at Waterway Village in Vero Beach. Built in 2017 and offering 2,094 square feet under air, this 3-bedroom, 2-bathroom home with a den showcases peaceful lake views, thoughtful upgrades, and an ideal Florida lifestyle. From the moment you step inside, you'll appreciate the tile flooring throughout, impact windows and doors, and the light and bright open-concept design. The spacious kitchen is the heart of the home, featuring white shaker cabinetry, granite countertops, a large center island perfect for entertaining, built-in microwave, pull-out trash drawers, oversized pantry, and a convenient butler pantry area for additional storage and prep space.

Supplements: The living and dining areas flow seamlessly to the covered lanai and screened birdcage, where you can relax and enjoy tranquil lake views year-round. The primary suite is privately situated overlooking the water and offers a large walk-in closet, dual sinks, linen closet, water closet, and a spacious walk-in shower. A den with glass French doors pr ... (Read more)

Listing Details MLS# B26029906

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 2748
Building Area Source: Public Records
Living Area Main: 2094
Living Area Source: Public Records
Accessibility Features YN: No
Year Built: 2017
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Parking Total: 4
Gated Community YN: Yes
Lot Size Area: 6969.6
Lot Size Acres: 0.16
Lot Size Dimensions: 50x135
Senior Community YN: No
Land Lease YN: No
Recreation Lease YN: No
Guest House YN: No
Waterfront YN: Yes
Water Frontage Feet: 50
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Direction Faces: East
Fireplace YN: No
Pool Private YN: No
Spa YN: No
Builder Model: Martin Ray
Equestrian Features YN: No
Furnished: Unfurnished
Year Roof Installed: 2017
LP/Assessed Value: 1.57

Property Features

Application Information: Association Approval Required Association Amenities: Gated; Recreation Facilities Association Fee Includes: Cable TV; Common Areas; Internet; Maintenance Grounds; Recreation Facility Dining Area: Family/Dining Combination; Snack Bar/Counter Exterior Features: Barbecue Flooring: Tile; Wood Parking Features: Assigned; Driveway; Attached; Attached Garage; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater Architectural Style: Mediterranean; Ranch Construction Materials: CBS; Stucco Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Fencing: None Heating: Central Interior Features: Built-in Features; French Doors; Kitchen Island; Pantry; Walk-In Closet(s) Laundry Features: Inside Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Spanish Tile; Tile Security Features: Closed Circuit Camera(s); Fire Alarm; Gated - No Guard; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Structure Type: House Tax Information: City/County; Homestead Exemption Utilities: Cable Connected; Sewer Connected; Water Connected View: Water Water Source: Public Water View: Lake Waterfront Features: Lake Front Showing Requirements: 24 Hour Notice; Schedule Online; Security Gate; Showing Service Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Screened Room Types: Bedroom 2; Bedroom 3; Den; Kitchen; Living Room; Master Bedroom; Utility Room Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 529000
Negotiable Seller Concessions YN: Yes
Occupant Type: Owner
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Indian River
Street Number: 5040
Street Name: Pendelton
Street Suffix: Square
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 32967
Postal Code +4: 7617
Subdivision Name: LAKES AT WATERWAY VILLAGE PD PLAT 2A-2
Development Name: LAKES AT WATERWAY VILLAGE
Area: 6331 - County Central (IR)
Geographic Area: INRV - Indian River
Elementary School: Dodgertown
Middle Or Junior School: Storm Grove
High School: Sebastian River
Special Assessment YN: No
Parcel Number: 323921000130000001130
Subdivision Number: 10001
Zoning: PD
Flood Zone: X
Directions: Gps will take you to the owners entrance, use main entrance on 51ct and Waterway Village Blvd.
Multiple Offers Accepted: Yes

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 1500.33
Association Fee Frequency: Quarterly
Association Membership: Mandatory
Application Required YN: Yes
Association Name: The Lakes at Waterway Village
Association Phone: 772-226-5500
Association Email: tom.lund@fsresidential.com
Association Website: lakes@waterwayvillagefl.connectresident.com
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 501
Membership Fee Required YN: No
Tax Annual Amount: 4284.77
Tax Year: 2025
Tax Assessed/SOH Value: 325634
Tax Legal Description: LAKES AT WATERWAY VILLAGE PD PLAT 2A-2 LOT 113L PBI 28-74
Assessor Market Value: 470148

Status Change Information

Major Change Timestamp: 2026-07-15T23:38:35Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-15T23:38:35Z
Status Change Date: 2026-05-21
Back on Market Date: 2026-05-21

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes

Parking Information

Open Parking Spaces: 4

Capital Contributions

Capital Contributions YN: Yes
Capital Contributions Amount: 1000.22

Co-Ownership

Property Management YN: Yes
Property Management Name: Sylvia Woolcock
Property Management Phone: 772-226-5500
Property Management Email: Sylvia.Woolcock@fsresidential.com

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 3

Pet Details

Pet Fee YN: No

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Storm Protection

Impact Glass: Complete

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Main
Den Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Utility Room Level: Main
Bedroom 2: Yes
Bedroom 3: Yes
Den: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes
Utility Room: Yes

Price Calculations

Current Price To SqFt: 252.62

Originating Details

Originating System Key: 20260518123330416690000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Information

Association Approval Required: Yes

Amenities

Bocce Ball: Yes
Clubhouse: Yes
Fitness Center: Yes
Heated Pool: Yes
Internet Included: Yes
Parking: Yes
Pickleball Court(s): Yes
Pool: Yes
Sidewalks: Yes
Spa/Hot Tub: Yes
Tennis Court(s): Yes

Association Amenities

Gated: Yes
Recreation Facilities: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Internet: Yes
Maintenance Grounds: Yes
Recreation Facility: Yes

Dining Area

Family/Dining Combination: Yes
Snack Bar/Counter: Yes

Exterior Features

Barbecue: Yes

Flooring

Tile: Yes
Wood: Yes

Parking Features

Assigned: Yes
Driveway: Yes
Attached: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Fencing

None: Yes

Structure Type

House: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Water: Yes

Heating

Central: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water View

Lake: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes
Range: Yes

Construction Materials

CBS: Yes
Stucco: Yes

Interior Features

Built-in Features: Yes
French Doors: Yes
Kitchen Island: Yes
Pantry: Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Roof

Spanish Tile: Yes
Tile: Yes

Security Features

Closed Circuit Camera(s): Yes
Fire Alarm: Yes
Gated - No Guard: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Waterfront Features

Lake Front: Yes

Water Heater Details

Electric Water Heater: Yes

Architectural Style

Mediterranean: Yes
Ranch: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Schedule Online: Yes
Security Gate: Yes
Showing Service: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

Dual Sinks: Yes
Master Bdrm - Ground: Yes
Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Breed Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes
Homestead Exemption: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Covered: Yes
Patio - Screened: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Room Information

Room Name	Length	Width	Level
Kitchen	16.00	10.00	Main
Living Room	19.00	15.00	Main
Master Bedroom	15.00	15.00	Main
Bedroom 2	14.00	12.00	Main
Bedroom 3	12.00	10.00	Main
Den	11.00	10.00	Main
Utility Room	6.00	6.00	Main

Listing Office: RE/MAX Gold

Last Updated: July - 22 - 2026

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