Oak Grove Acres in Melbourne

Oak Grove Acres
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
15 homesBuilt 1979–1984
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Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily

Oak Grove Acres 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).

Live · Oak Grove Acres Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
80%
Owner-occupied · Oak Grove Acres
12 of 15 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · Oak Grove Acres
incl. 7% trust or LLC-held · 0% out-of-state
15
Homes in the community
15 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1979
Community established
homes built 1979-1984, median 1981 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Oak Grove Acres is a small, established pocket in Melbourne - 15 homes built between 1979 and 1984, with a median living area near 3,500 square feet. Price here is driven far less by any headline number and far more by condition and updating. Homes of this vintage and size vary widely depending on how much work has gone into roofs, systems, and kitchens, so expect a wide spread from house to house rather than a tight comparable set.

With zero active listings as of mid-2026 and roughly 80% of homes homesteaded, this is a hold-and-stay enclave, not a churn market. That means when something does list, it tends to set the tone by itself. Sellers have scarcity working in their favor; buyers should be prepared to move on a specific home rather than shop a menu, and to underwrite the property on its own merits since there is little live inventory to triangulate against.

The 60-Second Overview

A 15-home enclave of larger 1979 - 1984 houses in Melbourne with no active listings and a high homestead share - a quiet, owner-occupied street rather than an active trading market.

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.

Best for

  • Buyers seeking a larger home (near 3,500 sqft) and willing to wait for the right listing
  • Long-hold owner-occupants who value a stable, low-turnover street
  • Buyers comfortable underwriting an early-1980s home on its condition and system age

Probably not for

  • Buyers who need to compare several active listings before committing
  • Anyone on a tight timeline who can't wait for scarce inventory to appear
  • Buyers wanting HOA amenities or newer construction

The market around Oak Grove Acres

Oak Grove Acres 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 Oak Grove Acres specifically. Momentum Research analysis of MLS records.

If we were buying in Oak Grove Acres 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 Oak Grove Acres.

Best Buy
Buyers wanting a large home on an established Melbourne street with no HOA amenities to pay for.
Biggest Risk
With zero active listings and only 15 homes, comps are thin and timing is unpredictable.
Sweet Spot
An updated home of this ~3,500 sqft footprint bought on its own condition merits.
Avoid If
You need to choose from options now or want community amenities.

A small, owner-held enclave

The defining traits here are scale and stability. With a median living area of roughly 3,496 square feet, these are substantial homes - the kind of footprint you rarely find in newer Melbourne construction without a much higher price. Because the whole community is only 15 homes clustered in a narrow build window, the housing stock is fairly uniform in era while the actual value of each home turns on individual upkeep: original versus renovated interiors, roof and HVAC age, and how the lot has been maintained.

No community amenities were identified from current MLS listings, so the appeal is the house and the location, not shared facilities or HOA-driven perks. Treat that as a plus if you dislike association overhead, and price accordingly - you are buying square footage and land, not lifestyle infrastructure.

The location and the amenities are priced into every listing in Oak Grove Acres. 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 15-home enclave with nothing currently active, comps are thin and condition swings are everything. We watch this street directly, know when an owner is quietly considering a sale, and can price a home on its actual updates instead of a generic per-square-foot average. Whether you are trying to buy into a rarely available pocket or sell into genuine scarcity, that on-the-ground read is where we earn our keep.

Oak Grove Acres in 15 seconds.

Best forBuyers wanting a large home on an established Melbourne street with no HOA amenities to pay for.
Biggest advantageScarce inventory and high owner-occupancy make this a stable, rarely-traded enclave.
Biggest riskWith zero active listings and only 15 homes, comps are thin and timing is unpredictable.
Sweet spotAn updated home of this ~3,500 sqft footprint bought on its own condition merits.
Avoid ifYou need to choose from options now or want community amenities.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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

What is your Oak Grove Acres home worth?

Get a no-obligation home value based on real comparable sales in Oak Grove Acres, 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 →

Real comps, not an automated estimate.

Recently off market in Oak Grove Acres

Homes in Oak Grove Acres 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.

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.

$2,164/mo
Brevard County typical true cost to own
$196/mo
Brevard County typical home insurance
Check CDD
Confirm before you offer

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.

Oak Grove Acres Market Scorecard

Buyer-Leaning Market (limited data)

Oak Grove Acres 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
$562,400
Median sold
$323
Per sqft
n/a
Days on mkt
0/0/2
Active/Pend/Sold

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 Oak Grove Acres?
The Florida DOR 2025 assessment roll shows 15 homes in Oak Grove Acres (public records).
What share of Oak Grove Acres is owner-occupied?
80% of Oak Grove Acres parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Oak Grove Acres built?
Homes in Oak Grove Acres were built between 1979 and 1984, with a median year built of 1981 (FL DOR 2025 roll).
Who is the best real estate agent for Oak Grove Acres?
The best agent for Oak Grove Acres is one who actively works Melbourne 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 Oak Grove Acres.
How do I find a top Melbourne real estate agent who knows Oak Grove Acres?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Oak Grove Acres and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Oak Grove Acres?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Oak Grove Acres purchase or sale - no call center and no pressure.
Buyers seeking a larger home (near 3,500 sqft) and willing to wait for the right listingExcellent fit
Long-hold owner-occupants who value a stable, low-turnover streetExcellent fit
Buyers comfortable underwriting an early-1980s home on its condition and system ageExcellent fit
Buyers who need to compare several active listings before committingProbably not
Anyone on a tight timeline who can't wait for scarce inventory to appearProbably not
Buyers wanting HOA amenities or newer constructionProbably not

Nearby Communities

Explore more neighborhoods near Oak Grove Acres with Momentum Realty’s local guides.

BOBaymeadows Of Melbourne0.9 mi awayKMKingsmill Melbourne1.0 mi awayPRPost Road Cascades Melbourne1.0 mi awayLPLongwood Phase I Melbourne1.2 mi awayWPWeston Park Phase I Melbourne1.4 mi awayTAThe Arbors At Longleaf Melbourne1.6 mi awayGRGlen Ridge Melbourne1.6 mi awayWPWoodshire Preserve Phase I Melbourne1.8 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 12, 2026)
Housing stock & ownershipFlorida DOR 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 local comps.

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