Armen Groves
Merritt Island

Newer single-family · North Merritt Island · Brevard County

A small, newer single-family community on North Merritt Island, built out around 2024 by K. Hovnanian off the North Courtenay Parkway corridor, where recent construction and a quiet rural-island setting are the story.

Newer constructionSmall communityNorth Merritt Island

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

Resale here turns on the specific home, the floor plan, and condition in a thin, small-community market; confirm the HOA, any CDD or district assessment, and the flood or insurance picture before anchoring on a number.

Free · No obligation

Unlock Off-Market Armen Groves

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseSpace Coast MLS

n/a

Median Price

0mo

Supply

n/a

Avg DOM

Soft

Seller Leverage

n/a

Median $/Sqft

n/a

1-Yr Price Change

0now

Distress

Jon's Current Read

"Armen Groves is a small, newer single-family community by K. Hovnanian Homes on North Merritt Island (ZIP 32953), reported as an intimate enclave of around three dozen homes built out near 2024 on Armen Drive, off the North Courtenay Parkway corridor north of the SR-528 Beachline. The appeal is recent concrete-block construction, a quiet rural-island setting, and proximity to the aerospace corridor, the beaches, and Port Canaveral. Because the community is small and recently delivered, supply is thin and resale will read off a handful of comps, so the right approach is to comp against the specific floor plan and condition rather than a broad island average, confirm the reported HOA and what it covers, and verify the flood zone and any parcel assessments before you offer. As newer stock, the renovation risk is low, but the resale read is condition, the floor plan, and how the small-community supply turns."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Armen Groves is a small, newer single-family community on North Merritt Island (ZIP 32953), Brevard County, built by K. Hovnanian Homes. Builder and third-party listings describe it as an intimate community of roughly three dozen new homes on Armen Drive, off the North Courtenay Parkway corridor, with homes delivered around 2024.

The product is recent concrete-block construction in the larger single-family range for the island, with multiple floor plans and interior design packages offered when the community was selling. Because the homes are new, the condition and systems read is straightforward relative to older island stock, and the renovation risk is low.

The appeal is the location and the newness. Armen Groves sits in a quiet, rural-feeling part of North Merritt Island with reach to the SR-528 Beachline, the aerospace corridor, the Atlantic beaches, and Port Canaveral. The trade is that it is not beach-adjacent and not a large amenity-driven master plan; it is a small enclave of newer homes.

Because the community is small and recently built out, resale supply is thin and will read off a handful of comparable sales. Confirm the reported HOA and exactly what it covers, the flood-zone determination and insurance picture, the parcel's tax-bill assessments, and the school assignment by address with Brevard Public Schools before you offer.

Quick Match

Who Armen Groves is best for.

Best for

Buyers who want recent concrete-block construction with low near-term renovation risk
Buyers who want a quiet, small North Merritt Island setting with reach to the aerospace corridor
Buyers who want a larger single-family floor plan rather than vintage island stock
Buyers who will confirm the HOA, flood zone, and condition before offering

Probably not for

Buyers who want a beach-adjacent or walkable-to-water location
Buyers who want a large master-planned community with resort amenities
Buyers who want a wide selection and deep resale supply at any moment
Buyers unwilling to verify the HOA, flood zone, and a floor-plan-matched comp

Market Pulse

How Armen Groves is performing right now

50/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

0Months of supplytight

72Median days on marketdays

0 : 3Under contract vs for salestrong demand

0Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Armen Groves listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Sea Gate or Merritt Island. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now3 : 0active : pending

For sale3

Pending0

Sold 12mo0

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Armen Groves buys, holds, and resells. See the five factors.

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.

3233 Armen Drive home for sale in Armen Groves

ActiveTop listing

$799,000

4 bd · 2.5 ba · 2,824 sqft · built 2025

3233 Armen Drive, Merritt Island, 32953

Reno opportunityBest value

Listed by ZOOM Realty Group LLC

3383 Armen Drive home for sale in Armen Groves

Active

$750,000

4 bd · 3 ba · 2,577 sqft · built 2024

3383 Armen Drive, Merritt Island, 32953

Listed by One Sotheby's International

3372 Armen Drive home for sale in Armen Groves

Active

$725,000

4 bd · 3 ba · 2,577 sqft · built 2024

3372 Armen Drive, Merritt Island, 32953

Reno opportunityBest value

Listed by One Sotheby's International

Active and pending Armen Groves listings as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Interactive Map

Armen Groves on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

The North Merritt Island location is the point: the Beachline, the aerospace corridor, the beaches, and Port Canaveral are all within a reasonable drive.

Drive times from the community area; the North Merritt Island location puts the Beachline, the aerospace corridor, and the coast within reach.

North Courtenay Parkway (SR-3)~3 to 5 min · main island corridor

SR-528 (Beachline)~10 to 15 min · regional highway

Merritt Island shopping~12 to 18 min · everyday services

Kennedy Space Center area~15 to 20 min · aerospace corridor

Cocoa Beach / Atlantic beaches~20 to 30 min · via causeway

Port Canaveral~20 to 25 min · cruise and dining

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Armen GrovesMerritt Island with Momentum Realty’s local guides.

Colony ParkMerritt IslandMerritt Island, FL · 0.1 mi

Sunset LakesMerritt Island, FL · 0.2 mi

Merritt IslandVillageMerritt Island, FL · 0.3 mi

The GrovesNorth Merritt IslandMerritt Island, FL · 0.8 mi

Mandalay GroveMerritt IslandMerritt Island, FL · 0.9 mi

Heron Creekon Merritt IslandMerritt Island, FL · 1.2 mi

ParadisePointMerritt Island, FL · 1.4 mi

Otter TraceMerritt Island, FL · 1.6 mi

River IslandRaquette ClubMerritt Island, FL · 1.7 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Armen Groves (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Brevard County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Armen Groves is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

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

The takeaway

What is actually shaping value at Armen Groves and North Merritt Island, sourced and dated. We do not publish rumor.

Recent Developments in Armen Groves

Development Intelligence

Our read on what is being built around Armen Groves, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is a small, newer single-family community whose resale will read off thin, floor-plan-matched supply. The regional tailwind is North Merritt Island's active development and the Space Coast economy; the local watch items are confirming the HOA, the flood zone, and how the small-community supply turns at resale.

Newer concrete-block construction with low near-term renovation risk

BullishRecently delivered homes carry a straightforward condition and systems read relative to older island stock, which supports a clean buy and predictable early carrying costs. impact

SignificanceRadius: Community

Newer concrete-block construction with low near-term renovation risk

Small community means thin resale supply

NeutralA roughly three-dozen-home enclave turns over rarely, so resale reads off a handful of comps; the right comp is matched to the floor plan and condition, not a broad island average. impact

SignificanceRadius: Community

Small community means thin resale supply

North Merritt Island development and infrastructure investment

BullishNew public-safety, housing, and rezoning activity on North Merritt Island signals ongoing growth and infrastructure attention in the corridor, which can support demand. impact

SignificanceRadius: Region

North Merritt Island development and infrastructure investment

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Armen Groves, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

November 2025
Development
North Merritt Island land near Courtenay and Crisafulli rezoned toward suburban residential
A developer purchased more than 130 acres near Courtenay Parkway and Crisafulli Road and applied to rezone the property to suburban residential, part of a broader Merritt Island development push reported alongside new housing, a hospital, and an entertainment venue across the island. Why it matters: Large-scale residential rezoning nearby signals continued North Merritt Island growth, a regional tailwind, but the local read for a small enclave is still the floor plan, the condition, and the thin resale supply. Source
August 2025
Infrastructure
Brevard County breaks ground on new Fire Station 40 on North Merritt Island
Brevard County Fire Rescue broke ground on a new Fire Station 40 in North Merritt Island, chosen for a more centralized response point to serve neighborhoods experiencing recent and future development. Why it matters: New emergency-services infrastructure reflects the county investing ahead of North Merritt Island growth, a modest positive for the corridor's long-term demand picture. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

The Strategy

The Armen Groves buying strategy.

If we were buying in Armen Groves, this is the order of operations we would run, and the one we run for our clients.

Confirm the HOA and what it covers. Reported figures put the association in a modest monthly range; verify the current amount and inclusions in writing.

Comp against the specific floor plan and condition. In a small, newer enclave, resale reads off a handful of matched sales, not a broad island average.

Get the flood-zone determination and an insurance quote early given the island setting.

Verify the parcel's tax-bill assessments and confirm there is no surprise non-ad-valorem line.

Confirm the school assignment by address with Brevard Public Schools, then cross-shop the established alternative, Sea Gate.

The Quick Decision

Best Buy

A well-kept home in a sought floor plan, with the HOA, flood zone, and a matched comp confirmed.

Biggest Risk

Anchoring to a broad island average instead of a floor-plan-matched comp in a thin, small-community market.

Best Lot

Larger or more private homesites within the enclave carry premiums; standard interior lots are the value position.

Smart Timing

In a small newer community, the right home and floor plan drive timing; be financing-ready to act when one lists.

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Fees, HOA & Flood

Armen Groves is reported to carry a homeowners association with dues in a modest monthly range; there is no master amenity machine driving monthly costs. The honest move is to confirm the current HOA amount and inclusions in writing, get the flood-zone determination and an insurance quote early given the island setting, and verify non-ad-valorem assessments on the actual tax bill, no known CDD applies, but we check the parcel every time.

The honest note: we confirm the HOA, the warranty status, the flood zone, and the tax-bill assessments for the specific home before you write a number, because newer-construction resale reads off a thin set of matched comps.

Want the details? We will send the HOA, warranty, and flood-zone read for an Armen Groves listing you are watching.

Get the details

The Homes & Floor Plans

The product is recent concrete-block single-family construction in the larger range for the island, built across multiple floor plans and interior design packages. Because the homes are new, the condition and systems read is straightforward relative to older island stock, and the near-term renovation risk is low.

Pricing should be read against true peers by floor plan and condition, not a broad island average. In a small enclave, a handful of matched comps drives the number.

Armen Groves vs. the Alternatives

The honest comparison set for an Armen Groves buyer on Merritt Island:

Community	Type	The trade
Armen Groves	Newer single-family · small	Recent construction, thin resale supply, quiet North island
Sea Gate	Single-family · two sections	Established water-oriented subdivision, confirm the section

The pattern: Armen Groves wins on newer construction and low near-term renovation risk; an established subdivision like Sea Gate wins on deeper supply and a water-oriented setting. There is no wrong answer, only a wrong match for your priorities.

Touring more than one? We will build you a same-day Merritt Island route with the comp sheets in hand.

Plan the tour

Armen Groves Homes For Sale

What your money buys in Armen Groves.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Armen Groves today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: smaller floor plan, standard lot

The smaller floor plans on standard interior lots, the value entry into newer construction here.

Lowest entry

Core: mid floor plan, well-kept

A well-kept mid-size floor plan, the heart of the small resale market when one is available.

Most inventory

High: largest floor plan or premium lot

The largest floor plans or the more private and premium homesites within the enclave, the top of the local range.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$900K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

Entry: smaller floor plan, standard lot

The smaller floor plans on standard interior lots, the value entry into newer construction here.

Core: mid floor plan, well-kept

A well-kept mid-size floor plan, the heart of the small resale market when one is available.

High: largest floor plan or premium lot

The largest floor plans or the more private and premium homesites within the enclave, the top of the local range.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Armen Groves, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Better lots and views resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Armen Groves is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Armen Groves holds value.

Our read on the factors that protect resale here, and the one to manage.

Newer construction, low renovation riskStrong

North Merritt Island locationSolid

Confirm HOA scope and duesManage it

Thin, small-community resale supplyManage it

Confirm flood zone and any assessmentWatch it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Armen Groves

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Underbudgeting the carrying costs
Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Armen Groves is a small, newer enclave. The deal is won or lost on the floor plan, the condition, and a matched comp, not a broad island average, with the HOA and flood zone confirmed.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.6B+ · Buy Score

Resale Strength7.4/10

Renovation Risk8.6/10

Location Efficiency7.6/10

Long-Term Defensibility7.2/10

Carrying Cost Advantage8.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Armen Groves is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take

Larger or more private lots carry premiums
Standard interior lots are the value position
Newer stock keeps near-term renovation risk low
Comp by floor plan and condition, not a broad average
Verify the flood zone given the island setting

Armen Groves value is driven by the floor plan and condition first, then the homesite within the small enclave. Larger or more private lots carry premiums, while standard interior lots are the value position. Because the community is newer and small, the renovation risk is low but the resale supply is thin, so the right comp is matched to the floor plan and condition rather than a broad island average. Verify the flood-zone and insurance picture given the island setting before you fall for the finishes.

The 15-Second Verdict

Armen Groves in 15 seconds.

Best forBuyers who want recent concrete-block construction in a quiet North Merritt Island enclave with reach to the aerospace corridor.

Strong onNewer construction with low near-term renovation risk, a larger single-family floor plan, and a quiet rural-island setting.

WatchA small community with thin resale supply, an HOA to confirm, and the island flood and insurance picture. Comp by floor plan, not a broad average.

Not forBuyers who want a beach-adjacent location, a large amenity-rich master plan, or deep resale supply at any moment.

The edgeA well-kept home in a sought floor plan, priced against a floor-plan-matched comp with the HOA and flood zone confirmed, can be a clean newer-construction buy.

HOA, CDD & Fees

15-Second Take

Reported HOA in a modest monthly range, confirm
Inclusions are likely light common-area upkeep
No known CDD; verify assessments on the tax bill
Newer stock keeps near-term renovation risk low
Confirm the HOA, flood zone, and condition before you offer

Want the details? We will send the HOA, warranty, and flood-zone read for an Armen Groves listing you are watching.

Get the details

Run Your Numbers

Tools for a Armen Groves buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxBrevard County millage and the homestead picture.Rent vs buyThe breakeven on owning in Armen Groves.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Armen Groves

Price it to your floor plan, condition, and a matched comp.

If you are selling in Armen Groves, the right list price comes from comps matched to your floor plan and condition, not a broad island average. In a small, newer enclave, the newness of the home and the thin supply are the story.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Armen Groves, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Sea Gate, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Armen Groves home worth?

Get a no-obligation home value based on real comparable sales in Armen Groves matched to your condition, lot, and view, 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 homes for sale in Armen Groves on the map →
Or get your Armen Groves home value & selling guide →

Real comps, not a Zestimate.

Armen Groves Market Scorecard

Buyer-Leaning Market (limited data)

Armen Groves is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $750,000.

n/a

Months supply

$750,000

Median list

n/a

Median sold

n/a

Per sqft

n/a

Days on mkt

3/0/0

Active/Pend/Sold

Typical home value in the 32953 ZIP is $427,456, about 2.1% above 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Armen Groves located?

Armen Groves is a small newer single-family community on North Merritt Island, FL (ZIP 32953), Brevard County, on Armen Drive off the North Courtenay Parkway corridor, north of the SR-528 Beachline.

Who built Armen Groves?

Builder and third-party listings describe Armen Groves as a K. Hovnanian Homes community, an intimate enclave of roughly three dozen new homes delivered around 2024. Confirm the builder warranty status for a specific home.

What kind of homes are in Armen Groves?

Recent concrete-block single-family homes in the larger range for the island, built across multiple floor plans and interior design packages. Because the homes are new, the condition and systems read is straightforward relative to older island stock.

Does Armen Groves have an HOA?

It is reported to carry a homeowners association with dues in a modest monthly range. Treat published figures as reported and confirm the current amount, billing frequency, and inclusions in writing before you offer.

Does Armen Groves have a CDD fee?

No community development district is known here, but we verify non-ad-valorem assessments on the actual tax bill for any home before you offer.

Is Armen Groves new construction?

The community was built out around 2024, so most homes are recent construction. Resale of these newer homes now makes up the market, and the renovation risk on newer stock is low.

How big is the community?

Third-party and builder listings describe Armen Groves as a small, intimate community of roughly three dozen homes, so resale supply is thin and turns over rarely.

What about flood zones and insurance?

Given the island setting, get the flood-zone determination and an insurance quote early for any specific home. Newer construction can help on insurability, but the flood picture is parcel-specific.

What are home prices like in Armen Groves?

In a small, newer enclave, pricing reads off a handful of comps matched to the floor plan and condition. We pull live comps matched to the specific home before you offer, rather than relying on a broad island average.

How far is the beach?

Roughly 20 to 30 minutes east to the Cocoa Beach area Atlantic beaches, depending on your route, with Port Canaveral and the aerospace corridor a similar reach. Armen Groves is a North Merritt Island location, not beach-adjacent.

What schools serve Armen Groves?

The community is in Brevard Public Schools, zoned by address. Assignment changes year to year, so confirm the current zoning for any specific home with the district.

What is North Merritt Island like to live in?

North Merritt Island is a quieter, more rural part of the island with reach to the Beachline, the aerospace corridor, the beaches, and Port Canaveral. The area has seen recent development and infrastructure investment.

Are there rental restrictions in Armen Groves?

Any rental rules depend on the homeowners association documents. Get the current policy in writing before you buy with any rental plans.

Is now a good time to buy in Armen Groves?

In a small, newer community, the right buy is about matching price to the floor plan, condition, and a thin set of comps. Prepared buyers with financing in place and a clear comp read have the advantage when a home lists.

Do I need my own agent to buy in Armen Groves?

Yes. Your own agent confirms the HOA, the flood zone, the warranty status, and a floor-plan-matched comp, and negotiates for you. Momentum Realty does exactly that, use the form on this page.

The Verdict

Should you buy in Armen Groves?

An honest fit check. We will tell you when it is not your community.

You want recent concrete-block construction with low near-term renovation riskExcellent fit

You want a quiet, small North Merritt Island setting with reach to the aerospace corridorExcellent fit

You want a larger single-family floor plan rather than vintage island stockExcellent fit

You want a straightforward condition and systems read on newer homesExcellent fit

You will confirm the HOA, flood zone, and a matched comp before you offerExcellent fit

You want a beach-adjacent or walkable-to-water locationProbably not

You want a large master-planned community with resort amenitiesProbably not

You want a wide selection and deep resale supply at any momentProbably not

You will not verify the HOA, flood zone, and a floor-plan-matched compProbably not

You want the lowest possible entry price in an older subdivisionProbably not

Get the inside read on Armen Groves

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Armen Groves home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty Armen Groves specialist will reach out personally, usually the same day.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

Armen GrovesMerritt Island

The 60-Second Overview

Who Armen Groves is best for.

Best for

Probably not for

How Armen Groves is performing right now

Homes For Sale Right Now in Armen Groves

Armen Groves on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Armen Groves

Newer concrete-block construction with low near-term renovation risk

Small community means thin resale supply

North Merritt Island development and infrastructure investment

North Merritt Island land near Courtenay and Crisafulli rezoned toward suburban residential

Brevard County breaks ground on new Fire Station 40 on North Merritt Island

The Armen Groves buying strategy.

The full read, only if you want it.

What your money buys in Armen Groves.

What ~$900K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Armen Groves holds value.

5 Mistakes Buyers Make in Armen Groves

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Underbudgeting the carrying costs

Skipping the systems check

Momentum Buy Score.

Why our read on Armen Groves is different.

Which Lots & Views Hold Value Best

Armen Groves in 15 seconds.

HOA, CDD & Fees

Tools for a Armen Groves buy.

Price it to your floor plan, condition, and a matched comp.

In Armen Groves, condition and view decide your number

What is your Armen Groves home worth?

Price History: What Homes Here Have Actually Sold For

Armen Groves Market Scorecard

Frequently Asked Questions

Should you buy in Armen Groves?

Get the inside read on Armen Groves

You are all set.

Need to sell fast in Brevard County?

You just read the data. Now see what your home is worth.

Armen Groves
Merritt Island