Carlton Groves Subd in Merritt Island

Carlton Groves Subd
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
60 homesBuilt 1964–1967
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily

As of September 2026, Carlton Groves Subd in Merritt Island, FL has 1 home for sale. Homes listed or recently sold were built 1961 - 1966; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 10 ft).

Live · Carlton Groves Subd Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
3.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
67%
Owner-occupied · Carlton Groves Subd
40 of 60 parcels homesteaded (FL DOR 2025)
33%
Non-owner-occupied · Carlton Groves Subd
incl. 12% trust or LLC-held · 5% out-of-state
60
Homes in the community
60 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1964
Community established
homes built 1964-1967, median 1966 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Carlton Groves Subd is a 60-home pocket built out between 1964 and 1967, with a median age of 1966 and a median living area of 1,964 square feet. Two-thirds of the homes carry homestead exemptions, which means inventory is typically owner-occupied and turnover is slow. With only one active listing today, the subdivision sees very little churn, and buyers should expect to wait for the right home to become available.

At three months of supply, the market sits balanced - neither a distressed seller's market nor a buyer's free-for-all. Price will come down to original-condition versus updated interiors, lot position, and how much deferred maintenance the next owner is willing to absorb. If you need move-in ready in this subdivision, be prepared to pay the premium or look elsewhere; most inventory here rewards the buyer willing to renovate.

Carlton Groves Subd Housing Pulse · Momentum Research · as of July 15, 2026

Carlton Groves Subd right now

🟡 Balanced market. 3.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of July 15, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Carlton Groves Subd is a small, 60-home subdivision on Merritt Island built in the mid-1960s. Turnover is minimal, inventory is scarce, and condition varies widely across the vintage stock.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers with renovation budget and patience who want to build equity through improvement in a low-HOA-fee environment.
  • Buyers seeking a quiet Merritt Island block with minimal monthly overhead and long-term neighbors.
  • Investors targeting value-add flips or long-term holds in a stable, owner-occupied pocket with limited new competition.

Probably not for

  • Buyers who need move-in-ready condition or cannot manage the time and cost of updating sixty-year-old systems.
  • Anyone requiring immediate inventory or multiple options to compare - listings here appear infrequently.
  • First-time buyers without contractor relationships or contingency reserves for structural or mechanical surprises.

The market around Carlton Groves Subd

Carlton Groves Subd is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Carlton Groves Subd specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Carlton Groves Subd

Live MLS inventory for Carlton Groves Subd. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Carlton Groves Subd listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Mila · Elementary
  • Jefferson · Middle
  • Merritt Island · High

Zoned schools reflect the assignments reported on recent Carlton Groves Subd listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Carlton Groves Subd address.

If we were buying in Carlton Groves Subd today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Carlton Groves Subd.

Best Buy
Buyers comfortable with renovation projects who want a no-HOA Merritt Island address and low carrying costs.
Biggest Risk
Vintage 1960s systems and deferred maintenance mean inspection surprises are the rule, not the exception.
Sweet Spot
A well-updated ranch on a corner or interior lot, priced to reflect the work already done, in a balanced market.
Avoid If
You need turnkey or quick closing, or you are not prepared to manage contractors and permitting for older homes.

Scarcity, vintage, and the condition spread

Carlton Groves Subd was fully built out in a three-year span from 1964 to 1967, and the homes reflect the modest ranch and split-plan layouts typical of Brevard County's Space Race - era construction. The median living area is just under 2,000 square feet, and nearly every home shares the same architectural DNA: concrete-block construction, terrazzo or original tile, jalousie windows in many cases, and carports or single-car garages. There are no community amenities, no HOA, and no common areas - this is purely a residential street grid.

The high homestead share - two-thirds of the subdivision - signals long-term owners, many of whom bought decades ago and have aged in place. That means deferred maintenance is common, and cosmetic updates vary wildly. One home may have been carefully renovated with hurricane-rated windows, updated kitchens, and new HVAC; the next may still have original everything, including the electrical panel. Buyers must budget for inspection, renovation, and the reality that parts and systems from the 1960s are now sixty years old.

With only one active listing and three months of supply, this is not a market where you can tour five homes in a weekend and make a choice. Listings appear infrequently, and serious buyers should be ready to act when a well-positioned home comes available. The market is balanced today, which means neither buyer nor seller holds overwhelming leverage - price will hinge on condition, lot appeal, and how much work the property requires. If you need turnkey, this subdivision will frustrate you. If you can manage a renovation and want a quiet Merritt Island address with low carry costs and no HOA, Carlton Groves Subd is worth the wait.

The location and the amenities are priced into every listing in Carlton Groves Subd. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 60-home subdivision with one active listing, timing and preparation matter more than volume. Momentum Realty monitors off-market signals, knows the inspection red flags common to 1960s Brevard construction, and can help you budget realistically for renovation before you make an offer. We will also tell you when a property is not worth the work - even if it means walking away from the only listing on the street. In a scarcity market like Carlton Groves, honest counsel and early access make the difference.

Carlton Groves Subd in 15 seconds.

Best forBuyers comfortable with renovation projects who want a no-HOA Merritt Island address and low carrying costs.
Biggest advantageScarce inventory and a high homestead share create stable, owner-occupied blocks with minimal turnover.
Biggest riskVintage 1960s systems and deferred maintenance mean inspection surprises are the rule, not the exception.
Sweet spotA well-updated ranch on a corner or interior lot, priced to reflect the work already done, in a balanced market.
Avoid ifYou need turnkey or quick closing, or you are not prepared to manage contractors and permitting for older homes.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Carlton Groves Subd sales matched to your home.

What is your Carlton Groves Subd home worth?

Get a no-obligation home value based on real comparable sales in Carlton Groves Subd, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Merritt Island →

Real comps, not an automated estimate.

Recently off market in Carlton Groves Subd

Homes in Carlton Groves Subd that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,164/mo
Brevard County typical true cost to own
$196/mo
Brevard County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Carlton Groves Market Scorecard

Buyer-Leaning Market (limited data)

Carlton Groves is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$280,000
Median sold
$214
Per sqft
n/a
Days on mkt
0/1/3
Active/Pend/Sold

Typical home value in the 32952 ZIP is $440,414, about 10.6% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-09-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Carlton Groves Subd a buyer's or seller's market right now?
As of July 15, 2026, Carlton Groves Subd is roughly balanced: 3.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Carlton Groves Subd?
The Florida DOR 2025 assessment roll shows 60 homes in Carlton Groves Subd (public records).
What share of Carlton Groves Subd is owner-occupied?
67% of Carlton Groves Subd parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Carlton Groves Subd built?
Homes in Carlton Groves Subd were built between 1964 and 1967, with a median year built of 1966 (FL DOR 2025 roll).
Who is the best real estate agent for Carlton Groves Subd?
The best agent for Carlton Groves Subd is one who actively works Merritt Island and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Carlton Groves Subd.
How do I find a top Merritt Island real estate agent who knows Carlton Groves Subd?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Carlton Groves Subd and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Carlton Groves Subd?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Carlton Groves Subd purchase or sale - no call center and no pressure.
Buyers with renovation budget and patience who want to build equity through improvement in a low-HOA-fee environment.Excellent fit
Buyers seeking a quiet Merritt Island block with minimal monthly overhead and long-term neighbors.Excellent fit
Investors targeting value-add flips or long-term holds in a stable, owner-occupied pocket with limited new competition.Excellent fit
Buyers who need move-in-ready condition or cannot manage the time and cost of updating sixty-year-old systems.Probably not
Anyone requiring immediate inventory or multiple options to compare - listings here appear infrequently.Probably not
First-time buyers without contractor relationships or contingency reserves for structural or mechanical surprises.Probably not

Nearby Communities

Explore more neighborhoods near Carlton Groves Subd with Momentum Realty’s local guides.

CMCopperfield Merritt Island0.2 mi awayFSFairfax Subd Merritt Island0.4 mi awayTATownhomes And Villas Of Diana Merritt Island0.5 mi awayVilla De Palmas Sykes Cove Merritt Island0.6 mi awayDiana Shores Unit No 2 Merritt Island0.9 mi awayIRIndian River Village Merritt Island1.0 mi awaySGSea Gate Merritt Island1.4 mi awayOGOrange Grove Manor Merritt Island1.5 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 12, 2026)
Housing stock & ownershipFlorida DOR assessment roll (community parcel extract)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

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