Carlton Groves
Homes for Sale in Merritt Island, FL
All 210 homes for sale in Merritt Island, FL · median $494,950 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of November 2026, Carlton Groves Subd No 3 in Merritt Island, FL has 1 home for sale. Homes listed or recently sold were built 1961 - 1966; 3 listings state no HOA; none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 10 ft).
Carlton Groves Subd No 3 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.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Carlton Groves 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 November 12, 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 No 3 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.
The setting & the homes.
Aerial and on-site photos of Carlton Groves. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Carlton Groves
Carlton Groves
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Carlton GrovesPhotos from Space Coast MLS listings in Carlton Groves; content deemed reliable but not guaranteed.
Who Carlton Groves is best for.
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
Carlton 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 Carlton Groves specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Carlton Groves
Live MLS inventory for Carlton 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 Carlton Groves listings as of 2026-11-11, priced high to low. Based on information from the Space Coast MLS. Tap any home to ask about it.
Carlton Groves on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.
Schools
- 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 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 address.
Shop the zone: Homes zoned for Merritt Island High School
Recent Developments in Carlton Groves Subd No 3
Development, infrastructure, retail, and school activity affecting Carlton Groves Subd No 3, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Infrastructure
Port Canaveral board reviews cruise revenue, Terminal 10 rehab and marina plans
Fiscal 2026 cruise revenue reached $210 million, about $10 million above projections, and the board was asked to add $2.7 million to the Cruise Terminal 10 rehab order. Bluepoints Marina is set to close by the end of 2028 for Cruise Terminal 4, with Cape Marina becoming full-service, and a $2.9 million commercial fishing facility is under way on Mullet Road.
What it may mean for the marketPort projects signal continued terminal investment and shifting boat-slip and waterfront commercial capacity near Cape Canaveral. The site is about 5 miles east of Carlton Groves Subd No 3.
Source: WKMG ClickOrlando - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The site is about 10 miles south of Carlton Groves Subd No 3.
Source: Space Coast Daily - October 2026Civic
Cocoa Beach commission asks state to study faster boat channels on the Banana River
The commission unanimously passed a proposal asking Florida wildlife officials to review manatee speed zones, with the mayor suggesting 25 mph daytime channels. The request is not final, and the state has not set a study timeline.
What it may mean for the marketAny change in speed zones could shorten boat travel times for waterfront residents and marine businesses around Cocoa Beach. The site is about 5 miles southeast of Carlton Groves Subd No 3.
Source: FOX 35 Orlando - 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 2 miles west of Carlton Groves Subd No 3.
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 site is about 10 miles northeast of Carlton Groves Subd No 3.
Source: FOX 35 Orlando - 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 6 miles east of Carlton Groves Subd No 3, 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 Carlton Groves buying strategy.
If we were buying in Carlton 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 Carlton Groves.
Scarcity, vintage, and the condition spread
Carlton Groves Subd No 3 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 No 3 is worth the wait.
The location and the amenities are priced into every listing in Carlton Groves. The deal is won or lost on condition, the comps, and the renovation math.
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 in 15 seconds.
Tools for a Carlton 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 Carlton Groves sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Carlton 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 Carlton Groves home worth?
Get a no-obligation home value based on real comparable sales in Carlton 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.
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Recently off market in Carlton Groves Subd No 3
Homes in Carlton Groves Subd No 3 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. 2 on record.
- 230 Willow Avenue · off market
- 295 Spruce Avenue · off market
| Location | Merritt Island, Brevard County, FL |
|---|---|
| Homes in the community | 60 (FL DOR 2025 assessment roll) |
| Years built | 1964–1967 (median 1966) |
| Typical living area | 1,964 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Closed Circuit Camera(s) |
| For sale right now | 1 active, 0 pending · median asking $274,999 · 3.0 months of supply |
| Owner-occupied (homestead) share | 67% |
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, “Carlton Groves key facts,” movewithmomentum.com/neighborhoods/carlton-groves-subd-no-3-merritt-island, data as of July 15, 2026.
Just listed in Carlton Groves
The newest homes for sale in Carlton Groves right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 195 Willow Avenue $370,000 · 3 bd · 1 ba · 1,392 sq ft · new today Courtesy of EXP Realty LLC
- 285 Hickory Avenue $320,000 · 3 bd · 2 ba · 1,730 sq ft · new today Courtesy of Beycome of Florida LLC
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Carlton Groves Subd No 3 Merritt Island Right Now (3)
All 3 active and pending Carlton Groves Subd No 3 Merritt Island listings with a detail page, newest first, refreshed twice a day from the MLS.
- 195 Willow Avenue · $370,000 · 3 bd / 1 ba · listed Aug 13, 2026 · listed by EXP Realty LLC
- 285 Hickory Avenue · $320,000 · 3 bd / 2 ba · listed Aug 13, 2026 · listed by Beycome of Florida LLC
- 300 Cherry Avenue · $439,900 · 3 bd / 2.5 ba · pending · listed Aug 13, 2026 · listed by Rahal Real Estate LLC
Recently sold in Carlton Groves Subd No 3 Merritt Island
- 295 Spruce Avenue · sold $442,000
- 230 Willow Avenue · sold $265,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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What it really costs to own in Carlton Groves
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $3,742/yr across 3 listings here (MLS tax records, 2026-11-12). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1962 across 3 listings. An original roof here would be about 64 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Carlton Groves
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Ask an agent about Carlton Groves
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Carlton Groves will answer, and the answer is published on this page for the next buyer.
Carlton Groves Market Scorecard
Carlton Groves is currently a buyer-leaning market (limited data). About 4.0 months of supply, a median asking price of $370,000.
Typical home value in the 32952 ZIP is $439,615, about 10.1% 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 2026-11-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Carlton Groves a buyer's or seller's market right now?
How many homes are in Carlton Groves?
What share of Carlton Groves is owner-occupied?
When were the homes in Carlton Groves built?
Who is the best real estate agent for Carlton Groves?
How do I find a top Merritt Island real estate agent who knows Carlton Groves?
Can Momentum Realty connect me with an agent for Carlton Groves?
Where is Carlton Groves, and what county is it in?
Should you buy in Carlton 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: November 11, 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.
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See how Carlton Groves Subd No 3 fits the bigger picture — live prices, inventory, and Momentum Scores: