Island
Grove

Merritt Island subdivision · ZIP 32952 · Brevard County

A single-family subdivision in central Merritt Island, within reach of State Road 520 and both rivers. The read is the specific home, the lot, any HOA, and the flood and insurance picture.

Central Merritt IslandSingle-family subdivisionConfirm HOA and flood

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

Resale here turns on the specific home's condition, the lot's flood posture and the insurance cost; confirm the flood zone, any HOA, and real insurance quotes before anchoring on a number.

Free · No obligation

Unlock Off-Market Island Grove

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

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Median Price

0mo

Supply

n/a

Avg DOM

Soft

Seller Leverage

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Median $/Sqft

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1-Yr Price Change

0now

Distress

Jon's Current Read

"Island Grove is a single-family subdivision on Merritt Island (ZIP 32952), set in the central part of the island with quick access to State Road 520 and within reach of both the Banana River and Indian River sides. As a planned subdivision of detached homes, it tends to offer more uniformity than the island's oldest neighborhoods, though build years and updates still vary. Because Merritt Island is a barrier-island peninsula, the part to read carefully is the flood zone, elevation and insurance picture for the specific home, plus any HOA the subdivision carries. The read is the home itself, the lot, any HOA, and the flood and insurance math, all confirmed in writing before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Island Grove is a single-family subdivision on Merritt Island in Brevard County (ZIP 32952), set in the central part of the island. As a planned subdivision of detached homes, it generally offers more consistency in layout and street feel than the island's oldest scattered-lot neighborhoods, though build years and updates still vary home to home.

The location is central. State Road 520, the Merritt Square area, and both the Banana River and Indian River sides of the island are a short drive, with the Cocoa Beach and Cape Canaveral beaches across the causeway and Kennedy Space Center and the cruise port to the north. Confirm your exact routine drive times for the specific address.

Confirm the subdivision's HOA posture. Some Merritt Island subdivisions carry a modest HOA with light covenants, while others have none. Whether any HOA applies, and what it covers, is worth confirming with the listing before you anchor on a monthly carry.

The part to read carefully is flood and insurance. Merritt Island has areas in and out of FEMA flood zones, and elevation varies by parcel, so confirm the flood zone, the elevation certificate if any, and real insurance quotes for the specific home, along with the build year and any HOA, before you offer. Confirm the school assignment by address with Brevard Public Schools if that matters to you.

Quick Match

Who Island Grove is best for.

Best for

Buyers who want a planned single-family subdivision in central Merritt Island
Buyers who value a more uniform street feel than the oldest island neighborhoods
Buyers who want quick access to State Road 520, both rivers and the beaches
Buyers who will confirm the flood zone and insurance for the specific home

Probably not for

Buyers who want a gated, amenity-rich community with a clubhouse and pool
Buyers who want waterfront or large-acreage privacy
Buyers unwilling to underwrite barrier-island flood and insurance risk
Buyers who want the lowest possible insurance cost

Market Pulse

How Island Grove 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 : 1Under 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 Island Grove 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 Colony Park 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 now1 : 0active : pending

For sale1

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 Island Grove buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Island Grove

Live MLS inventory for Island Grove. 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.

101 Island Grove Drive home for sale in Island Grove

ActiveTop listing

$678,000

4 bd · 3 ba · 3,005 sqft · built 1988

101 Island Grove Drive, Merritt Island, 32952

Reno opportunityBest value

Listed by Coconut Properties Fl Real Est

Active and pending Island Grove 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

Island Grove 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 central island location is the point: State Road 520, both rivers, the beaches and the cruise port are all within a reasonable drive.

Drive times from the subdivision area; the central island location puts State Road 520, the beaches and the space center within reach.

State Road 520 and Merritt Square area~5 to 12 min · shopping and dining hub

Cocoa Beach~15 to 22 min · across the causeway

Cape Canaveral and Port Canaveral~15 to 25 min · cruise port and beaches

Cocoa Village~10 to 18 min · historic downtown Cocoa

I-95 interchange (SR 520)~15 to 22 min · main highway access

Kennedy Space Center area~20 to 35 min · major area employer

Orlando Melbourne Intl Airport~30 to 45 min · regional airport

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 IslandGrove with Momentum Realty’s local guides.

South OaksMerritt Island, FL · adjacent

Oak CreekEstatesMerritt Island, FL · 0.3 mi

HilltopManorMerritt Island, FL · 0.6 mi

HamiltonParkMerritt Island, FL · 0.6 mi

Tropical GardensMerritt Island, FL · 0.7 mi

The Villas atIndian RiverMerritt Island, FL · 0.9 mi

RockwellEstatesMerritt Island, FL · 0.9 mi

HiddenHollowMerritt Island, FL · 1.0 mi

Sunny AcresMerritt Island, FL · 1.0 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

Island Grove (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

Island Grove 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 Island Grove address.

The takeaway

What is actually shaping value around Island Grove and central Merritt Island, sourced and dated. We do not publish rumor.

Recent Developments in Island Grove

Development Intelligence

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

Net OutlookBullishThe structural story is a planned single-family subdivision in a central Merritt Island location seeing real investment along the State Road 520 corridor. Watch the corridor's new housing, hospital and entertainment projects against the constant barrier-island variables of flood zone, elevation and insurance, and confirm every one for the specific home.

State Road 520 corridor development boom on Merritt Island

2025

BullishMajor impact

SignificanceRadius: Area

New housing, a replacement hospital, an amphitheater and retail along the nearby SR 520 corridor add services and long-run demand for central Merritt Island.

New 296-unit luxury apartment project on Fortenberry Road

2025

NeutralNotable impact

SignificanceRadius: Area

A reported $51 million, 296-unit complex underway near SR 520 adds population and amenities but also traffic to the central island.

Barrier-island flood and insurance the constant variable

Ongoing

NeutralNotable impact

SignificanceRadius: Community

Merritt Island flood zones and elevation vary by parcel, so the flood and insurance picture for the specific home drives the real carrying cost.

Confirm any HOA before budgeting the monthly carry

Ongoing

NeutralMinor impact

SignificanceRadius: Community

Subdivision HOA postures vary on Merritt Island, so confirm whether any HOA applies and what it covers before you anchor on a number.

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 Island Grove, 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
Merritt Island development boom expands along SR 520
Space Coast Daily reported on November 8, 2025 that South Carolina based Woodfield Developments secured more than 51 million dollars in financing for a 296-unit luxury apartment complex on Fortenberry Road near State Road 520, with construction underway and completion expected in early 2027, joining a new replacement hospital, an amphitheater and retail projects reshaping the central Merritt Island corridor. Why it matters: The SR 520 corridor's investment strengthens central Merritt Island's services and long-run demand. It is a structural positive for nearby subdivisions, not a reason to skip per-home flood and insurance diligence. 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 Island Grove buying strategy.

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

Confirm the flood zone and insurance first. Get the FEMA flood zone, any elevation certificate, and real insurance quotes for the specific Island Grove home before you decide what you can afford.

Confirm the subdivision's HOA posture with the listing, since Merritt Island subdivisions range from none to a modest HOA with light covenants.

Read the roof, windows and systems, since build years vary; comp the home on its own condition.

Test your real drive times to State Road 520, the beaches and the space center at the hours you would actually drive them.

Weigh a nearby alternative, Colony Park, on lot, condition and flood posture before you commit.

The Quick Decision

Best Buy

An updated home on higher ground with a favorable flood zone and a recent roof, priced to its own condition rather than to the subdivision average.

Biggest Risk

Underwriting only the list price and missing a high flood-zone premium, an aging roof, deferred maintenance, or an HOA you did not budget.

Best Lot

Elevation and flood zone vary by parcel here, so the lot's flood posture matters alongside its size and street position.

Smart Timing

Homes that linger past sixty days can have negotiating room; confirm the flood, insurance and any HOA math before you anchor.

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.

Community Details at a Glance

Island Grove is a single-family subdivision on Merritt Island in Brevard County (ZIP 32952), set in the central part of the island within reach of State Road 520 and both the Banana River and Indian River sides. As a planned subdivision of detached homes, it tends to offer a more uniform street feel than the island's oldest scattered-lot neighborhoods, though build years and updates vary. The location offers quick access to the SR 520 corridor, Cocoa Village, the Cocoa Beach and Cape Canaveral beaches, and the Kennedy Space Center employment area. Because Merritt Island is a barrier-island peninsula, confirm the flood zone, elevation and insurance for the specific home, plus any HOA or covenants and the school assignment by address with Brevard Public Schools, since details vary by parcel.

Island Grove Homes For Sale

What your money buys in Island Grove.

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 Island Grove today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: original-condition homes

The smaller or less-updated homes in original condition, the entry door into a central Merritt Island subdivision with room to improve. Confirm current pricing on the live listings below.

Lowest entry

Core: updated single-family

The mid-range, updated single-family homes, the core of the subdivision, where roof, windows and systems are already addressed. Confirm current pricing on the live listings below.

Most inventory

High: larger or better-positioned homes

The larger, fully renovated, or better-positioned homes on more favorable lots. Lot, elevation and updates separate these most. Confirm current pricing on the live listings below.

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: original-condition homes

The smaller or less-updated homes in original condition, the entry door into a central Merritt Island subdivision with room to improve. Confirm current pricing on the live listings below.

Core: updated single-family

The mid-range, updated single-family homes, the core of the subdivision, where roof, windows and systems are already addressed. Confirm current pricing on the live listings below.

High: larger or better-positioned homes

The larger, fully renovated, or better-positioned homes on more favorable lots. Lot, elevation and updates separate these most. Confirm current pricing on the live listings below.

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 Island Grove, 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 Island Grove 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 Island Grove holds value.

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

Central Merritt Island locationStrong

Detached subdivision, more uniform feelSolid

Confirm any HOA or covenantsManage it

Read condition and systems on the homeManage it

Confirm the flood zone, elevation and insuranceWatch 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 Island Grove

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.

“

Island Grove is easy to like for the central location and the subdivision feel. The deal is won or lost on the specific home, the lot's flood posture, and the insurance math, not the asking price alone.

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.

7.5B · Buy Score

Resale Strength7.5/10

Renovation Risk6.7/10

Location Efficiency8.2/10

Long-Term Defensibility7.3/10

Carrying Cost Advantage7.2/10

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 Island Grove 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

The lot's elevation and flood posture matter as much as its size
Confirm the homesite, the street and any near-water exposure
Read condition and systems on the specific home
Confirm the FEMA flood zone and real insurance quotes
Comp the specific home, not the subdivision average

On a barrier-island peninsula, the homesite's elevation and flood posture set the floor on resale while the house itself can be updated. Read the lot, the street, and any near-water exposure first, confirm the FEMA flood zone, the elevation and real insurance quotes, then price the condition of the home against the closest comparable sale rather than a subdivision average.

The 15-Second Verdict

Island Grove in 15 seconds.

Best forBuyers who want a planned single-family subdivision in central Merritt Island with quick access to State Road 520 and both rivers.

Strong onA central island location, a more uniform street feel than the oldest neighborhoods, and quick reach to the beaches, the space center and the cruise port.

WatchThe flood zone, elevation, insurance and any HOA for the specific home, plus roof age and updates. Confirm every line before you offer.

The sweet spotAn updated home on higher ground with a favorable flood zone and a recent roof, priced to its own condition.

Not forBuyers who want gated amenities, waterfront privacy, or the lowest possible insurance cost.

HOA, CDD & Fees

15-Second Take

Confirm whether any HOA or covenants apply
Confirm the FEMA flood zone for the specific parcel
Get real insurance quotes including flood for the home
Read the roof age, windows and systems before you offer
Comp by condition and lot, not by subdivision average

We do not publish an HOA figure here because postures vary and dues change. Some Merritt Island subdivisions carry a modest HOA with light covenants, while others have none. Confirm whether Island Grove has any HOA, and what it covers, with the listing before you offer.

If any HOA applies, confirm exactly what it covers. In a detached-home subdivision like this, owners typically carry their own maintenance and insurance, so do not assume shared amenities.

Run Your Numbers

Tools for a Island Grove 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 Island Grove.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 Island Grove

Price it to your home's condition, lot and flood posture, not the subdivision average.

If you are selling in Island Grove, the right list price comes from recent sales matched to your home's condition, updates, lot and flood zone. The updated, well-insured home on higher ground commands the premium, and the listing has to make that case clearly.

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 Island Grove, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Colony Park, 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 Island Grove home worth?

Get a no-obligation home value based on real comparable sales in Island Grove 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 Island Grove on the map →
Or get your Island Grove home value & selling guide →

Real comps, not a Zestimate.

Island Grove Market Scorecard

Buyer-Leaning Market (limited data)

Island Grove is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $678,000.

n/a

Months supply

$678,000

Median list

n/a

Median sold

n/a

Per sqft

n/a

Days on mkt

1/0/0

Active/Pend/Sold

Typical home value in the 32952 ZIP is $435,893, about 11.0% 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Island Grove located?

Island Grove is a single-family subdivision on Merritt Island, FL (ZIP 32952), Brevard County, set in the central part of the island within reach of State Road 520 and both the Banana River and Indian River sides.

What kind of homes are in Island Grove?

Detached single-family homes in a planned subdivision, generally more uniform than the island's oldest neighborhoods, though build years and updates vary. Confirm the build year, condition and lot for any specific home.

Does Island Grove have an HOA?

Subdivision HOA postures vary across Merritt Island, from none to a modest HOA with light covenants. Confirm whether any HOA applies to Island Grove, and what it covers, with the listing before you offer.

Is Island Grove in a flood zone?

Merritt Island has areas both in and out of FEMA flood zones, and elevation varies by parcel. Confirm the flood zone, any elevation certificate, and real flood and homeowners insurance quotes for the specific home before you anchor on a number.

What does a home in Island Grove cost?

We do not publish a price figure here. Pricing tracks the specific home, its condition, updates, lot and flood posture. Confirm current pricing on the live listings on this page; we pull exact comps before you offer.

How far is the beach from Island Grove?

Roughly fifteen to twenty-two minutes to the Cocoa Beach area across the causeway, depending on the address and traffic. Cape Canaveral and Port Canaveral are a similar drive to the north.

How far is State Road 520 and shopping?

Central Merritt Island puts the State Road 520 corridor and the Merritt Square area within roughly five to twelve minutes, with Cocoa Village a short drive across the river.

Is Island Grove good for commuting to Kennedy Space Center?

It is reasonably positioned for the Kennedy Space Center and Cape Canaveral employment areas to the north, typically a twenty to thirty-five minute drive depending on the address and gate. Confirm your real route and times.

What schools serve Island Grove?

The subdivision is in Brevard Public Schools, with assignment by address. Zoning can change, so confirm the current zoned campuses for any specific home with the district.

What should I check before buying in Island Grove?

The flood zone and insurance for the specific home, the roof age, windows and systems, any HOA or covenants, and the lot's elevation. We run all of it before you offer.

Is now a good time to buy in Island Grove?

It depends on the specific home and its condition, flood posture and insurance cost. We pull live inventory and comps so you can judge value on the actual property and the full carrying cost.

Is Merritt Island a good place to live?

Merritt Island is a central Space Coast peninsula with quick access to the beaches, the cruise port, Kennedy Space Center and the State Road 520 corridor, which is seeing real new investment. The trade-off is barrier-island flood and insurance considerations that vary by parcel.

Do I need my own agent to buy in Island Grove?

Yes. The listing agent works for the seller. Your own agent confirms the flood zone, insurance, roof and systems, and any HOA, pulls true comps by condition and lot, and negotiates for you. Momentum Realty represents you, not the seller.

The Verdict

Should you buy in Island Grove?

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

You want a planned single-family subdivision in central Merritt IslandExcellent fit

You value a more uniform street feel than the oldest island neighborhoodsExcellent fit

You want quick access to State Road 520, both rivers and the beachesExcellent fit

You will confirm the flood zone and insurance for the specific homeExcellent fit

You are comfortable comping each home on its own conditionExcellent fit

You want a gated, amenity-rich community with a clubhouse and poolProbably not

You want waterfront or large-acreage privacyProbably not

You will not underwrite barrier-island flood and insurance riskProbably not

You want the lowest possible insurance costProbably not

You want a turnkey home with no condition variance to evaluateProbably not

Get the inside read on Island Grove

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Island Grove 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 Island Grove 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.

IslandGrove

The 60-Second Overview

Who Island Grove is best for.

Best for

Probably not for

How Island Grove is performing right now

Homes For Sale Right Now in Island Grove

Island Grove on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Island Grove

State Road 520 corridor development boom on Merritt Island

New 296-unit luxury apartment project on Fortenberry Road

Barrier-island flood and insurance the constant variable

Confirm any HOA before budgeting the monthly carry

Merritt Island development boom expands along SR 520

The Island Grove buying strategy.

The full read, only if you want it.

What your money buys in Island Grove.

What ~$900K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Island Grove holds value.

5 Mistakes Buyers Make in Island Grove

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 Island Grove is different.

Which Lots & Views Hold Value Best

Island Grove in 15 seconds.

HOA, CDD & Fees

Tools for a Island Grove buy.

Price it to your home's condition, lot and flood posture, not the subdivision average.

In Island Grove, condition and view decide your number

What is your Island Grove home worth?

Price History: What Homes Here Have Actually Sold For

Island Grove Market Scorecard

Frequently Asked Questions

Should you buy in Island Grove?

Get the inside read on Island Grove

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Need to sell fast in Brevard County?

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

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