Mandalay Grove
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Mandalay Grove is a community in Merritt Island, Brevard County, FL. Across Merritt Island as a whole, 267 homes closed in the last 12 months at a median of $439,900, 49 median days on market, with 71 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,860 ($6,240 with the full homestead exemption).
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.
The 60-Second Overview
A gated, professionally managed subdivision of 37 larger homes on Merritt Island, built in a compact 2008 - 2014 run. The high homestead share and the near-total absence of listings point to a community owners tend to keep rather than flip.
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 Mandalay Grove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Mandalay Grove
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Mandalay GrovePhotos from Space Coast MLS listings in Mandalay Grove; content deemed reliable but not guaranteed.
Who Mandalay Grove is best for.
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
Mandalay Grove 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 specifically. Momentum Research analysis of MLS records.
Life at Mandalay Grove
- Gated · reported on 3 of 3 listings
- Management - Off Site · reported on 3 of 3 listings
- Management - Full Time · reported on 3 of 3 listings
- Security Gate · reported on 1 of 3 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 Mandalay Grove buying strategy.
If we were buying in Mandalay Grove 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 Mandalay Grove.
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. The deal is won or lost on condition, the comps, and the renovation math.
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 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 Mandalay Grove 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 Mandalay Grove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Mandalay Grove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Mandalay Grove home worth?
Get a no-obligation home value based on real comparable sales in Mandalay Grove, 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 →
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.
Mandalay Grove Market Scorecard
Mandalay Grove is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
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 2026-09-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Mandalay Grove?
What share of Mandalay Grove is owner-occupied?
When were the homes in Mandalay Grove built?
Who is the best real estate agent for Mandalay Grove?
How do I find a top Merritt Island real estate agent who knows Mandalay Grove?
Can Momentum Realty connect me with an agent for Mandalay Grove?
Should you buy in Mandalay Grove?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Mandalay Grove 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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See how Mandalay Grove fits the bigger picture — live prices, inventory, and Momentum Scores: