5040 Pendelton Square, Vero Beach, FL 32967

$509,900 · Closed

  • 3 beds
  • 2 baths
  • 2,094 sq ft
  • Single Family Residence
  • Built 2017
  • HOA $1,500.33/mo
  • Lot 6,969.6 sq ft
  • MLS# B26029906
  • Lakes At Waterway Village Pd Plat 2a-2
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About this home

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. 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 provides the perfect flex space for a home office, media room, or guest retreat. The HOA includes lawn care, irrigation, cable, internet, two gated entrances, and access to resort-style amenities including a clubhouse, fitness center, pickleball, tennis, bocce, resort-style pool, and hot tub. Conveniently located close to beaches, shopping, restaurants, hospitals, and medical offices, this home offers the perfect blend of comfort, convenience, and Florida front porch living.

Features

Schools

  • Elementary: Dodgertown
  • Middle: Storm Grove
  • High: Sebastian River

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

RE/MAX Gold · Listing agent: Kate Ward

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 5040 Pendelton Square.

Questions About 5040 Pendelton Square

How much is 5040 Pendelton Square?
5040 Pendelton Square is listed at $509,900, which is about $244 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 5040 Pendelton Square?
The listing reports an association fee of $1,500 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 5040 Pendelton Square?
The listing reports annual property taxes of $4,285 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 5040 Pendelton Square built?
5040 Pendelton Square was built in 2017 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 5040 Pendelton Square been on the market?
5040 Pendelton Square has been listed for 64 days, and the asking price has been reduced from $529,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 5040 Pendelton Square waterfront?
Yes. The listing describes the water as lake front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 5040 Pendelton Square?
The MLS lists Dodgertown (elementary), Storm Grove (middle), Sebastian River (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 3 bedroom home at 5527 57TH Way, Vero Beach, FL 32967 is comparable and listed for sale at $520,000. Another comparable home, 6783 68th Square, Vero Beach, FL 32967, sold for $489,000 in September 2026. Vero Beach neighborhoods include Lost Tree Preserve and Woodfield. Nearby ZIP codes include 32960 and 32962. This property also neighbors Sebastian, Fort Pierce, and Hutchinson Island. Compare it with the Vero Beach housing market report.