Armen Groves
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of September 2026, Armen Groves in Merritt Island, FL has 1 home for sale. Armen Groves is a community in Merritt Island, Brevard County, FL. Across Merritt Island as a whole, 267 homes closed in the last 12 months at a median of $439,900, 49 median days on market, with 71 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,860 ($6,240 with the full homestead exemption).
Armen Groves is a 36-home enclave built entirely in 2024, making it the newest inventory on Merritt Island. With a median living area of 3,450 square feet, this is new construction at scale - larger floor plans targeting buyers who want volume and modern systems without a custom build timeline. The one active listing out of 36 homes tells you absorption has been strong, and with only 25% claiming homestead exemption as of mid-2025, a meaningful share of these homes are either investor-held, second residences, or owned by buyers who haven't yet relocated.
Price discovery here is driven by newness, size, and finish level - condition is uniform, so differences come down to lot premiums, upgrades, and whether a buyer negotiated during the construction phase or paid closer to retail. The thin resale activity means comps are sparse; if you're selling, you're mostly competing against whatever the builder has left. If you're buying resale, you're betting someone made upgrade choices you value and is willing to exit early.
The 60-Second Overview
Armen Groves is a 36-home neighborhood on Merritt Island, all built in 2024, with a median size of 3,450 square feet. It's new construction at neighborhood scale - modern systems, larger floor plans, and limited resale inventory as absorption continues.
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.
The setting & the homes.
Aerial and on-site photos of Armen Groves. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Armen GrovesArmen Groves
Armen Groves
Armen GrovesPhotos from Space Coast MLS listings in Armen Groves; content deemed reliable but not guaranteed.
Who Armen Groves is best for.
Best for
- Buyers who need large floor plans - 3,400+ square feet - and want 2024 construction with no deferred maintenance or system guesswork
- Buyers who prioritize newness and Merritt Island's location over amenity packages
- Investors or second-home buyers comfortable with a neighborhood still establishing its occupancy and resale rhythm
Probably not for
- Buyers who need deep resale comps and transparent price history to underwrite value with confidence
- Households that rely on community amenities - pools, clubhouses, social infrastructure - as part of the ownership experience
- Buyers seeking a mature, owner-occupied neighborhood with established landscaping and long-term continuity already visible
The market around Armen Groves
Armen Groves 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 Armen Groves specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Armen Groves
Live MLS inventory for Armen Groves. 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 Armen Groves 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.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Carroll · Elementary
- Jefferson · Middle
- Merritt Island · High
Zoned schools reflect the assignments reported on recent Armen Groves 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 Armen Groves address.
The Armen Groves buying strategy.
If we were buying in Armen Groves today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Armen Groves.
New builds, limited resale, size-first buyers
Every home here was completed in 2024, which gives you the obvious advantages - no deferred maintenance, contemporary efficiency standards, warranties still in force - but also means you're paying the new-construction premium and working with limited price history. The median 3,450 square feet skews this toward buyers who prioritize space: multi-generational households, those with dedicated home offices or hobby rooms, or simply buyers who want elbow room and are willing to pay for it.
With just one active listing and three-quarters of owners not claiming homestead exemption, the picture is mixed. Strong absorption suggests the product met demand, but the low homesteader share indicates a portion of buyers are investors, second-home owners, or haven't yet made Merritt Island their primary residence. That can mean less neighborhood continuity in the near term, though it's too early to draw firm conclusions about long-term occupancy patterns.
Merritt Island's appeal - proximity to the Space Coast employment corridor, Kennedy Space Center, and the beaches - positions this as a bedroom community for professionals and retirees who want newer construction without Orlando or Brevard mainland density. But the lack of identified community amenities means you're buying the house and the location, not a lifestyle package. If you need a pool, clubhouse, or social infrastructure, you'll build it yourself or look elsewhere.
The location and the amenities are priced into every listing in Armen Groves. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a neighborhood this new with limited resale comps, you need an agent who knows how to value finish upgrades, compare builder specs across phases, and counsel you on whether a resale listing genuinely saves money or just shifts the headache. Momentum's analysts track construction timelines, builder closeout pricing, and the actual differences between what someone bought in 2024 and what's still available. We'll tell you if you're better off going direct to the builder or negotiating a resale - and if Armen Groves isn't the right fit for your timeline or budget, we'll show you what is.
Armen Groves in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Armen Groves buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Armen Groves sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Armen Groves, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Armen Groves home worth?
Get a no-obligation home value based on real comparable sales in Armen Groves, 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 →
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
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.
Armen Groves Market Scorecard
Armen Groves is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $837,500.
Typical home value in the 32953 ZIP is $426,993, right around 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
How many homes are in Armen Groves?
What share of Armen Groves is owner-occupied?
When were the homes in Armen Groves built?
Who is the best real estate agent for Armen Groves?
How do I find a top Merritt Island real estate agent who knows Armen Groves?
Can Momentum Realty connect me with an agent for Armen Groves?
Should you buy in Armen Groves?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Armen Groves with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space 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?
You just read the data. Now see what your home is worth.
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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See how Armen Groves fits the bigger picture — live prices, inventory, and Momentum Scores: