$850,000
●
House -
Off Market
5098 Pendelton Square
Vero Beach, FL 32967
3 Beds
3 Baths
2,476 Ft²
$5,075
Est. Monthly
$443
HOA / Fees
About This Property
Price Improvement! This 2017 Pinnacle Model by Divosta is ready for
its new owners. This home boasts 3 bedrooms and 3 baths with 2
en-suites plus a flex room/office on a corner lot. Whether you want
cozy living or elegant entertaining, this showstopper offers it
all. Inside features upgrades such as LVP flooring in all the main
areas, granite countertops, crown molding, and custom oriental
window treatments. The outdoor space features a covered lanai, a 42
foot saltwater, heated pool surrounded by a travertine deck and
protected by a no-see-um-grade screen enclosure highlighted by
''picture frame'' overlooking the pond. If you desire more socially
active life, The Lakes at Waterway Village clubhouse offers 5 star
amenities such as a pool, gym, pickle ball, barefoot bar, library,
and more!
Unit Size
2,476 Ft²
Days on Market
156 days
Land Size
0.20 acres
Price per sqft
$349
Property Type
House
Property Taxes
$385
HOA Dues
$443
Year Built
2017
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Beaches MLS #R10924197)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Listed by Engel & Voelkers Vero Beach | $875,000 | |
| Listed by Engel & Voelkers Vero Beach | |||
| | |||
|
Welcome to your tropical paradise! Stunning four-bedroom, three-bathroom featuring a saltwater pool/spa, Offered turnkey for your immediate enjoyment this winter. Enhanced w/impact glass and numerous upgrades (see slide). Exceptional indoor/outdoor entertaining, complete with a full-service outdoor kitchen and bar in a beautifully landscaped backyard with lake views. Located on a corner lot in the desirable Lakes at Waterway Village gated community, just a short stroll from resort-style amenities. HOA includes cable, internet, and individual yard care. A unique opportunity not to be missed!
| |||
| Mar 18, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2023 | Listed by Atlantic Shores ERA Powered | $865,000 | |
| Listed by Atlantic Shores ERA Powered | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indian River
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Listed by: Jason M Coley
Atlantic Shores ERA Powered
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10924197
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Atlantic Shores ERA Powered
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10924197
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