Mandalay Grove Subdivision Merritt Island in Merritt Island

Mandalay Grove Subdivision Merritt Island
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
37 homesBuilt 2008–2014
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Mandalay Grove Subdivision Merritt Island Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
100%
Under contract
Brevard: 28% (1,397 of 4,982)
0 · 1
For sale · pending
live counts, refreshed twice daily
Ownership and context
81%
Owner-occupied · Mandalay Grove Subdivision Merritt Island
30 of 37 parcels homesteaded (FL DOR 2025)
19%
Non-owner-occupied · Mandalay Grove Subdivision Merritt Island
incl. 3% trust or LLC-held · 0% out-of-state
37
Homes in the community
37 residential parcels (FL DOR 2025)
Track record · years of records
Est. 2008
Community established
homes built 2008-2014, median 2013 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Mandalay Grove is a small, gated enclave of 37 homes built between 2008 and 2014, with a median living area of 3,830 square feet. That size is the story: this is a large-home community, and what moves price here is condition, finish level, and lot, not neighborhood turnover. With homes clustered in a tight construction window, the bones are similar across the subdivision - the spread comes down to how each owner has maintained and updated the interior.

As of mid-July 2026 there are zero active listings. That tells you two things. Supply is essentially nonexistent, so a buyer who wants in should be pre-approved and ready to act the moment something lists. And with roughly 81% of homes homesteaded, most owners are here for the long haul rather than trading in and out - turnover is thin, and a listing here is an event, not a monthly occurrence.

Best for

  • Buyers seeking a large single-family home (median near 3,830 sq ft) and willing to wait for inventory
  • Long-hold owners who value a gated, professionally managed setting over frequent resale liquidity
  • Buyers who want recent construction without the risks of brand-new build and are comfortable transacting on limited comps

Probably not for

  • Buyers on a tight closing timeline who need available inventory now
  • Anyone wanting a compact, low-square-footage or low-maintenance home
  • Buyers who prefer no HOA and no gated-access rules or dues

The market around Mandalay Grove Subdivision Merritt Island

Mandalay Grove Subdivision Merritt Island 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 Mandalay Grove Subdivision Merritt Island specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Mandalay Grove Subdivision Merritt Island, Merritt Island

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 3 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-08-12)

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 August 2026 through August 2026. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

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.

If we were buying in Mandalay Grove Subdivision Merritt Island today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Mandalay Grove Subdivision Merritt Island.

Best Buy
Buyers who want a larger, newer home inside a gated, managed community.
Biggest Risk
With zero active listings, you may wait months for the right home to surface.
Sweet Spot
A well-maintained 2013-era home where condition, not location, drives the price.
Avoid If
You need to buy on a fixed timeline or want a smaller, lower-maintenance footprint.

A large-home pocket with almost no turnover

The defining traits here are scale and stability. With a median build of 2013 and a median footprint near 3,830 square feet, these are substantial houses of relatively recent vintage - new enough to avoid major-system age concerns, old enough to have settled landscaping and established finishes. Because the homes went up within a narrow six-year window, floor plans and construction quality are broadly consistent, which makes any single sale a useful - if rare - read on value.

The community is gated with a security gate and carries both off-site and full-time management. That points to an HOA structure with real oversight rather than a hands-off arrangement. Anyone considering Mandalay Grove should verify current dues, access rules, and any capital reserves directly with the HOA, since amenity details reported across MLS listings can lag actual practice. The trade-off of a small, low-turnover community is straightforward: privacy and continuity in exchange for limited inventory when you want to buy.

The location and the amenities are priced into every listing in Mandalay Grove Subdivision Merritt Island. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 37-home community with nothing currently listed, the deal usually happens before the sign goes in the yard. We track when owners here are thinking about moving, we know how to price a home where comparable sales are scarce, and we will tell a seller honestly what condition and finish level actually earn in this segment. For a buyer, we position you to move fast on a rare listing without overpaying into thin comp data.

Mandalay Grove Subdivision Merritt Island in 15 seconds.

Best forBuyers who want a larger, newer home inside a gated, managed community.
Biggest advantageConsistent construction vintage and high owner-occupancy make for a stable, well-kept enclave.
Biggest riskWith zero active listings, you may wait months for the right home to surface.
Sweet spotA well-maintained 2013-era home where condition, not location, drives the price.
Avoid ifYou need to buy on a fixed timeline or want a smaller, lower-maintenance footprint.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Mandalay Grove Subdivision Merritt Island sales matched to your home.

What is your Mandalay Grove Subdivision Merritt Island home worth?

Get a no-obligation home value based on real comparable sales in Mandalay Grove Subdivision Merritt Island, 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 Mandalay Grove Subdivision Merritt Island on the map →

Real comps, not an automated estimate.

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.

$2,120/mo
Brevard County typical true cost to own
$196/mo
Brevard County typical home insurance
Has a CDD
Bond assessment on top of taxes

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.

Mandalay Grove Market Scorecard

Buyer-Leaning Market (limited data)

Mandalay Grove is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$745,000
Median sold
$202
Per sqft
n/a
Days on mkt
0/0/3
Active/Pend/Sold

Typical home value in the 32953 ZIP is $426,993, 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 2026-08-23. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

How many homes are in Mandalay Grove Subdivision Merritt Island?
The Florida DOR 2025 assessment roll shows 37 homes in Mandalay Grove Subdivision Merritt Island (public records).
What share of Mandalay Grove Subdivision Merritt Island is owner-occupied?
81% of Mandalay Grove Subdivision Merritt Island parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Mandalay Grove Subdivision Merritt Island built?
Homes in Mandalay Grove Subdivision Merritt Island were built between 2008 and 2014, with a median year built of 2013 (FL DOR 2025 roll).
Who is the best real estate agent for Mandalay Grove Subdivision Merritt Island?
The best agent for Mandalay Grove Subdivision Merritt Island is one who actively works Merritt Island and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Mandalay Grove Subdivision Merritt Island.
How do I find a top Merritt Island real estate agent who knows Mandalay Grove Subdivision Merritt Island?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Mandalay Grove Subdivision Merritt Island and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Mandalay Grove Subdivision Merritt Island?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Mandalay Grove Subdivision Merritt Island purchase or sale - no call center and no pressure.
Buyers seeking a large single-family home (median near 3,830 sq ft) and willing to wait for inventoryExcellent fit
Long-hold owners who value a gated, professionally managed setting over frequent resale liquidityExcellent fit
Buyers who want recent construction without the risks of brand-new build and are comfortable transacting on limited compsExcellent fit
Buyers on a tight closing timeline who need available inventory nowProbably not
Anyone wanting a compact, low-square-footage or low-maintenance homeProbably not
Buyers who prefer no HOA and no gated-access rules or duesProbably not

Nearby Communities

Explore more neighborhoods near Mandalay Grove Subdivision Merritt Island with Momentum Realty’s local guides.

SLSunset Lakes Phase Iii Merritt Island0.2 mi awayOsprey Village At Cedar Creek Ph Ii Merritt Island0.9 mi awaySGSea Gate Merritt Island1.2 mi awayIRIndian River Village Merritt Island1.7 mi awaySPSavannahs Phase Iii Pud The Merritt Island2.0 mi awayOTOtter Trace Merritt Island2.1 mi awayHeron Creek Merritt Island2.3 mi awayFSFairfax Subd Merritt Island2.3 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace 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 your area comps.

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