Georgiana Reserve
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
Homes listed or recently sold were built 2022 - 2022; 3 of 3 report an HOA (median $138/mo); none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 10 ft). Georgiana Reserve is a community in Merritt Island, Brevard County, FL. Across Merritt Island as a whole, 109 homes closed in the last 12 months at a median of $450,000, 52 median days on market, with 225 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,020 ($6,400 with the full homestead exemption).
Last 30 days in Georgiana Reserve: 1 closed sale (median $749,900). As of November 11, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Georgiana Reserve is a small, recent build-out on Merritt Island - 46 homes, all constructed between 2021 and 2023, with a median living area of 3,558 square feet. Price here is driven less by location trades and more by the size and condition of these near-new houses: this is a large-home enclave, and the square footage is doing the heavy lifting on value. The gated setup and boat dock add to the story, but the underlying product is what sets the number.
As of July 15, 2026, there are zero active listings. That is the single most important fact for anyone circling this community: there is nothing to buy right now, and with only 46 homes total, resale supply is thin by design. A buyer needs patience and a standing relationship with someone watching the feed daily; a seller holds real scarcity leverage and should not rush. When a home does surface, condition and finish will decide where it lands.
Figures in this note are as of July 20, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Georgiana Reserve right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
A gated, water-access community of 46 recently built, large-format homes on Merritt Island - small enough that inventory is rarely available and each listing carries outsized weight.
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 Georgiana Reserve. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Georgiana Reserve
Georgiana Reserve
Georgiana ReservePhotos from Space Coast MLS listings in Georgiana Reserve; content deemed reliable but not guaranteed.
Who Georgiana Reserve is best for.
Best for
- Buyers seeking a near-new, 3,500-plus-square-foot home in a gated setting and able to wait for the right listing
- Boat owners who value on-site dock access and maintained grounds
- Second-home or investment buyers comfortable that a large share of homes here are not owner-occupied
Probably not for
- Anyone on a tight timeline who needs to close within a defined window
- Buyers wanting a smaller or lower-priced footprint than this large-format stock offers
- Buyers who want to avoid HOA rules, gate access restrictions, or dock verification steps
The market around Georgiana Reserve
Georgiana Reserve 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 Georgiana Reserve specifically. Momentum Research analysis of MLS records.
Georgiana Reserve 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.
Life at Georgiana Reserve
- Gated · reported on 2 of 4 listings
- Security Gate · reported on 1 of 4 listings
- Boat Dock · reported on 1 of 4 listings
- Maintenance Grounds · reported on 1 of 4 listings
- Management - Off Site · reported on 1 of 4 listings
- Management - Full Time · reported on 1 of 4 listings
Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Recent Developments in Georgiana Reserve
Development, infrastructure, retail, and school activity affecting Georgiana Reserve, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Parks & Amenities
Westin Cocoa Beach details FlowSurf surf attraction and plans for local access
The resort says its surf attraction will be called the FlowSurf Experience at The Lineup, with adjustable wave levels. Planned additions include a beachside bar called Locals Only and a cafe called Wax Shack with sports simulators, and the resort intends to offer attractions to the local community, with pricing not yet announced.
What it may mean for the marketThe project adds recreation and dining amenities to the Cocoa Beach oceanfront and may create hospitality jobs ahead of opening. The project is about 6 miles northeast of Georgiana Reserve, elsewhere in Brevard County.
Source: Space Coast Daily - 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 3 miles southwest of Georgiana Reserve.
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 project is about 6 miles northeast of Georgiana Reserve, elsewhere in Brevard County.
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 8 miles northwest of Georgiana Reserve.
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 3 miles southwest of Georgiana Reserve, 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 4 miles southwest of Georgiana Reserve, elsewhere in Brevard County.
Source: ClickOrlando
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 Georgiana Reserve buying strategy.
If we were buying in Georgiana Reserve 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 Georgiana Reserve.
A closed-loop market of new, oversized homes
The building years cluster tightly - 2021 to 2023, median 2022 - so the housing stock is uniform and new, with little of the deferred-maintenance risk you find in older communities. At a median of 3,558 square feet, these are substantial homes, and the community pairs that with a gated entry, a security gate, a boat dock, and maintained grounds under full-time off-site management. Verify current amenity access and any dock rules directly with the HOA before you rely on them.
The homestead share sits near 46 percent, meaning a meaningful portion of these homes are not owner-occupied as primary residences. That matters for two reasons: it hints at second-home and investment use in the mix, and it can affect your tax picture as a buyer, since a non-homesteaded purchase resets the assessed value. With no active listings and a total of only 46 homes, expect long stretches of quiet punctuated by rare, quickly-moving opportunities.
The location and the amenities are priced into every listing in Georgiana Reserve. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 46-home community with nothing currently listed, the deal is made before the sign goes up. We monitor this feed daily, know the floor plans and lot positions, and can move the moment a home comes available - or open a quiet conversation with an owner on your behalf. For sellers, we understand the scarcity you hold and how to price near-new, large-format inventory when comparable sales are sparse.
Georgiana Reserve in 15 seconds.
Tools for a Georgiana Reserve 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 Georgiana Reserve sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Georgiana Reserve, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Georgiana Reserve home worth?
Get a no-obligation home value based on real comparable sales in Georgiana Reserve, 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 →
Recently off market in Georgiana Reserve
Homes in Georgiana Reserve 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.
- 1165 Aranceto Circle · off market
| Location | Merritt Island, Brevard County, FL |
|---|---|
| Homes in the community | 46 (FL DOR 2025 assessment roll) |
| Years built | 2021–2023 (median 2022) |
| Typical living area | 3,558 sq ft (median) |
| Amenities listed by sellers | Gated, Other, Security Gate, Jogging Path, Suburban |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 46% |
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, “Georgiana Reserve key facts,” movewithmomentum.com/neighborhoods/georgiana-reserve-merritt-island, data as of July 15, 2026.
Housing distress & ownership in Georgiana Reserve, 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 November 2026 through November 2026. Deemed reliable but not guaranteed.
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Merritt Island guides & data
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- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
- New construction
Florida buyer guides
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- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
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Georgiana Reserve Market Scorecard
Georgiana Reserve is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
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.
What it really costs to own in Georgiana Reserve
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 $7,018/yr across 3 listings here (MLS tax records, 2026-11-12). |
|---|---|
| HOA dues | Median $1,660/year (about $138/month) across 3 MLS listings (most billed annually; 2026-11-12). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| 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 2022 across 3 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Email me new listings in Georgiana Reserve
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 Georgiana Reserve
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Georgiana Reserve will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
How many homes are in Georgiana Reserve?
What share of Georgiana Reserve is owner-occupied?
When were the homes in Georgiana Reserve built?
Who is the best real estate agent for Georgiana Reserve?
How do I find a top Merritt Island real estate agent who knows Georgiana Reserve?
Can Momentum Realty connect me with an agent for Georgiana Reserve?
Where is Georgiana Reserve, and what county is it in?
Should you buy in Georgiana Reserve?
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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