Indian River Groves And Gardens
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of RE/MAX Aerospace Realty · via Space Coast MLS
Homes listed or recently sold were built 1983 - 2025 with 1 new construction; 4 of 7 report an HOA (median $560/mo); none of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 22 ft). Indian River Groves And Gardens is a community in Melbourne, Brevard County, FL. Across Melbourne as a whole, 1,101 homes closed in the last 12 months at a median of $389,500, 45 median days on market, with 230 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,080 ($5,460 with the full homestead exemption).
The story here is condition and square footage, not sticker price. With a median living area of roughly 3,579 sq ft and a build range spanning 1955 to 2022, what a home actually sells for is driven by which decade it was built in, how much of it has been updated, and how the interior has held up. Expect a wide spread between original and renovated homes rather than a tidy per-foot number.
As of mid-2026 there are no active listings. That means there is nothing to tour today and no live pricing signal, so buyers should be pre-positioned and ready to move when inventory appears, and sellers who list into an empty field set the reference point for the community. A homestead share near 55% suggests a good portion of owners hold long-term, which tends to keep turnover thin.
The 60-Second Overview
Indian River Groves And Gardens is a gated, amenity-heavy community of 225 homes in Melbourne, Brevard County, where large floor plans and a decades-wide build range make individual condition the deciding factor on value.
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 Indian River Groves And Gardens. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Indian River Groves And GardensPhotos from Space Coast MLS listings in Indian River Groves And Gardens; content deemed reliable but not guaranteed.
Who Indian River Groves And Gardens is best for.
Best for
- Buyers who prioritize large square footage and are willing to wait for the right listing
- Buyers who value gated access and an extensive on-site amenity set
- Buyers comfortable budgeting for updates on an older-vintage home
Probably not for
- Buyers who need to purchase immediately, since there is no active inventory
- Buyers wanting a low-obligation, minimal-HOA setup
- Buyers seeking a small, low-maintenance floor plan
The market around Indian River Groves And Gardens
Indian River Groves And Gardens 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 Indian River Groves And Gardens specifically. Momentum Research analysis of MLS records.
Indian River Groves And Gardens 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, tiles © CARTO.
Life at Indian River Groves And Gardens
- Clubhouse · reported on 4 of 5 listings
- Pool · reported on 3 of 5 listings
- Gated · reported on 3 of 5 listings
- Maintenance Grounds · reported on 3 of 5 listings
- Security Gate · reported on 3 of 5 listings
- Shuffleboard Court · reported on 2 of 5 listings
- Fitness Center · reported on 2 of 5 listings
- Trash · reported on 2 of 5 listings
- Cable TV · reported on 1 of 5 listings
- Maintenance Structure · reported on 1 of 5 listings
- Racquetball · reported on 1 of 5 listings
- Spa/Hot Tub · reported on 1 of 5 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.
The Indian River Groves And Gardens buying strategy.
If we were buying in Indian River Groves And Gardens 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 Indian River Groves And Gardens.
Big homes, gated, and a full amenity slate
The amenity list reported across MLS is unusually deep for a community this size: clubhouse, pool, spa/hot tub, fitness center, tennis, racquetball, and shuffleboard, all behind a security gate. Grounds and structure maintenance, trash, cable, and water also appear on listings, which points to an HOA that carries meaningful responsibility. Verify exactly what is covered and what access looks like directly with the HOA before you write an offer.
The homes themselves skew large, with a median living area of about 3,579 sq ft and a median build year of 1983. A house from the mid-1950s and one from 2022 will not carry the same systems, roof age, or layout, so due diligence on age-of-components matters more here than in a uniform, single-era subdivision.
The location and the amenities are priced into every listing in Indian River Groves And Gardens. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With zero active listings, timing and access are everything. We track this community for movement, help you read whether a given home's price reflects its true condition and vintage, and pressure-test the HOA's actual coverage and access so the amenity list on paper matches what you get. For sellers into an empty market, we help you set a defensible reference price rather than guess.
Indian River Groves And Gardens 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 Indian River Groves And Gardens 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 Indian River Groves And Gardens sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Indian River Groves And Gardens, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Indian River Groves And Gardens home worth?
Get a no-obligation home value based on real comparable sales in Indian River Groves And Gardens, 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 Melbourne →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Indian River Groves and Gardens Market Scorecard
Indian River Groves and Gardens is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32934 ZIP is $496,326, about 3.4% 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 2026-09-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Indian River Groves And Gardens?
What share of Indian River Groves And Gardens is owner-occupied?
When were the homes in Indian River Groves And Gardens built?
Who is the best real estate agent for Indian River Groves And Gardens?
How do I find a top Melbourne real estate agent who knows Indian River Groves And Gardens?
Can Momentum Realty connect me with an agent for Indian River Groves And Gardens?
Should you buy in Indian River Groves And Gardens?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Indian River Groves And Gardens with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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