Armen Groves
Homes for Sale in Merritt Island, FL
All 214 homes for sale in Merritt Island, FL · median $499,950 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 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, 263 homes closed in the last 12 months at a median of $440,000, 48 median days on market, with 224 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,870 ($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.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
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.
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Armen Groves
Armen 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 2026-10-19, 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.
Shop the zone: Homes zoned for Merritt Island High School
Recent Developments in Armen Groves
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 October 2026.
- October 2026Infrastructure
Brevard County Brightline station fully funded with $57 million federal grant
The planned Brightline station in Cocoa, near State Road 528, is now fully funded after a federal grant of about $57 million. Cocoa will own the station and Brightline will operate it, linking Cocoa and Port Canaveral to South Florida destinations. No construction start date has been set, and officials expect to release more details in early 2027.
What it may mean for the marketA passenger rail stop near SR 528 would add a regional transit option for commuters and visitors traveling between the Space Coast and other Florida metros. The site is about 5 miles north of Armen Groves.
Source: FOX 35 Orlando - September 2026Civic
Space Force plans laser counter-drone defenses at Space Coast launch sites
Space Launch Delta 45 plans to deploy counter-drone technology, including lasers, to protect launch pads and critical infrastructure at Cape Canaveral and nearby facilities. Cost and operational date were not disclosed, and officials have not confirmed whether it will extend onto Kennedy Space Center property.
What it may mean for the marketAdded security investment at launch facilities reinforces the base's role as a long-term anchor for aerospace employment in the region. The project is about 14 miles northeast of Armen Groves, elsewhere in Brevard County.
Source: FOX 35 Orlando - July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 4 miles south of Armen Groves, elsewhere in Brevard County.
Source: Viera - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 5 miles south of Armen Groves, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 15 miles south of Armen Groves, elsewhere in Brevard County.
Source: CFL Roads (FDOT) - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 8 miles northeast of Armen Groves, elsewhere in Brevard County.
Source: Homes.com News
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 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 →
| Location | Merritt Island, Brevard County, FL |
|---|---|
| Homes in the community | 36 (FL DOR 2025 assessment roll) |
| Years built | 2024–2024 (median 2024) |
| Typical living area | 3,450 sq ft (median) |
| Amenities listed by sellers | Carbon Monoxide Detector(s) |
| For sale right now | 1 active, 0 pending · median asking $750,000 |
| Owner-occupied (homestead) share | 25% |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Armen Groves key facts,” movewithmomentum.com/neighborhoods/armen-groves-merritt-island, data as of July 15, 2026.
Housing distress & ownership in Armen Groves, Merritt Island
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period October 2026 through October 2026. Deemed reliable but not guaranteed.
Just listed in Armen Groves
The newest homes for sale in Armen Groves right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 3283 Armen Drive $925,000 · 4 bd · 3.5 ba · 2,835 sq ft · new today Courtesy of Real Broker LLC
- 3383 Armen Drive $710,000 · 4 bd · 3 ba · 2,577 sq ft · new today Courtesy of Real Broker LLC
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Armen Groves Merritt Island Right Now (2)
All 2 active and pending Armen Groves Merritt Island listings with a detail page, newest first, refreshed twice a day from the MLS.
- 3283 Armen Drive · $925,000 · 4 bd / 3.5 ba · listed Jul 22, 2026 · listed by Real Broker LLC
- 3383 Armen Drive · $710,000 · 4 bd / 3 ba · listed Jul 22, 2026 · listed by Real Broker LLC
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31% of homes for sale in ZIP 32953 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-20).
Armen Groves Market Scorecard
Armen Groves is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $817,500.
Typical home value in the 32953 ZIP is $421,537, 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 2026-10-20. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Email me new listings in Armen Groves
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Armen Groves
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Armen Groves will answer, and the answer is published on this page for the next buyer.
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?
Where is Armen Groves, and what county is it in?
Should you buy in Armen Groves?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 19, 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?
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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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