Living in Florida's Space Coast
Armen Groves
Armen Groves is a small 2024 subdivision by K. Hovnanian Homes on Armen Drive, just north of the Canaveral Barge Canal off North Courtenay Parkway. Every home is block construction on about a third of an acre, 2,379 to 2,824 square feet, four bedrooms, with two and three car garages. The builder has sold out. Dues run about $144 a month.
Armen Groves In Merritt Island, Florida
Armen Drive is a single street reached from North Courtenay Parkway, turning east at the Smith Road light or by way of Grant Road, then left into the subdivision. It sits just north of the barge canal, which puts it on North Merritt Island but only barely, with the central retail corridor a short drive south. The plat is compact, the lots are cleared, and the tree cover has not had time to establish, so it looks newer than the neighborhoods around it because it is.
K. Hovnanian Homes built this out in 2024 and it is now sold out, which means everything that trades here is resale of a nearly new house. The plans reach four bedrooms and three and a half baths at up to roughly 2,842 square feet, with the builder offering exterior packages in farmhouse, classic and contemporary directions. What has actually changed hands runs 2,379 to 2,824 square feet, typically about 2,577, on lots of 0.34 to 0.35 of an acre.
Construction is concrete block with stucco, shingle roofs, mostly single story, with storm shutters, smoke and carbon monoxide detectors, and irrigation front and rear. One of the layouts includes a private guest suite with its own separate entrance, which works as an in law space or a home office with its own door. Several parcels are corner or cul de sac lots, and fenced yards are already in place on some.
Two details matter more than they look. First, these homes are on public water and public sewer, which on North Merritt Island is the exception rather than the norm, since most of this half of the island runs septic. Second, the association bills monthly rather than annually: reported at $134.01 and $144 a month, which is roughly $1,610 to $1,730 a year. Administration is handled off site rather than by a resident board, with TCB named on some of the paperwork.
Pricing has run $625,000 to $750,000 with the middle at $659,900 and closings around $642,450, at about $248 a square foot. Time to contract has been about nine days at roughly 99 percent of original asking price, which is what you would expect for nearly new inventory in a subdivision that cannot produce any more of it. Tax figures are still settling: bills have ranged from $172 on a parcel assessed before the house was finished up to $6,355.
Armen Groves At A Glance
Armen Groves at a glance, a sold out 2024 build on North Merritt Island.
| Detail | What you get |
|---|---|
| Location | North Merritt Island, Armen Drive off North Courtenay Parkway via Smith Road or Grant Road, just north of the barge canal |
| Built | 2024, a single build cycle |
| Builder | K. Hovnanian Homes, now sold out |
| Home size | 2,379 to 2,824 square feet, about 2,577 typical, with plans reaching roughly 2,842 |
| Bedrooms | 4 |
| Bathrooms | 2 to 3, with plans offering up to 3.5 |
| Lot size | 0.34 to 0.35 acre, with corner and cul de sac parcels |
| Construction | Concrete block with stucco, shingle roofs, mostly single story, contemporary and craftsman elevations |
| Association | Armen Groves association, mandatory, reported at $134.01 to $144 a month, roughly $1,610 to $1,730 a year, administered off site |
| Utilities | Public water and public sewer, which is uncommon on North Merritt Island |
| Garage | 2 to 3 bays, 3 typical |
| Storm protection | Storm shutters included, smoke and carbon monoxide detectors throughout |
| Pools | None so far. These homes were delivered without pools |
| Water frontage | None. No canal, lake or river frontage in the subdivision |
| Landscaping | Cleared lots with irrigation front and rear, few mature trees, some yards already fenced |
| Streets | Armen Drive |
| Gated | No, and no age restriction |
| Price range | $625,000 to $750,000, around $248 per square foot |
Armen Groves Details
Everything Is Still Under Warranty
These homes were completed in 2024, so roofs, air handlers, water heaters, appliances and structural components are all near the beginning of their service lives, and builder warranty coverage may still apply on some components. Compared with a 1990s house at a similar price, the next decade of capital spending is very different.
Public Sewer On North Merritt Island
Most of the island north of the barge canal is on septic. This subdivision is on public water and public sewer, which removes drainfield age, tank location and septic permitting from your due diligence entirely. It is one of the practical reasons this plat prices where it does.
A Guest Suite With Its Own Door
One of the K. Hovnanian layouts here includes a private guest or in law suite with a separate exterior entrance. It functions as a home office with its own access, a long stay guest space, or accommodation for a relative, without redesigning the main house around it.
A Third Of An Acre, Cleared And Fenced
Lots run 0.34 to 0.35 of an acre, which is larger than most new production plats in Brevard, and several already have fencing installed. The trade is that the lots were cleared for construction, so shade is something you will be planting rather than inheriting.
No Pool Yet, Which Is An Opportunity
None of these homes were delivered with a pool. On a third acre lot with an unobstructed back yard, that means you can size and place one to your own plan rather than living with a previous owner's decision, and you will be building it to current code.
Sold Out Means Fixed Supply
K. Hovnanian has finished here, so no new inventory is coming. The subdivision is small, homes went under contract in about nine days at roughly 99 percent of original asking price, and the only way in now is a resale. Set an alert rather than checking periodically.
Homes For Sale In Armen Groves
Current availability in Armen Groves. The builder has sold out, so everything here now is resale, and the list is usually very short.
Armen Groves Frequently Asked Questions
Who built Armen Groves?
K. Hovnanian Homes built the subdivision in 2024. The community is sold out, so any home available now is a resale of a house that is only a couple of years old. Plans reached four bedrooms and three and a half baths at up to roughly 2,842 square feet.
What are the HOA dues?
Assessments have been reported at $134.01 and $144 a month, so plan on roughly $1,610 to $1,730 a year. Monthly billing is unusual on Merritt Island, where annual assessments are the norm, so account for it in your monthly payment rather than treating it as a once a year expense.
Is the neighborhood on septic or sewer?
Public water and public sewer, both. That is worth calling out because most of North Merritt Island runs on septic systems. It simplifies your inspection and removes a category of long term expense that older neighborhoods nearby cannot avoid.
Are there pools in Armen Groves?
Not as delivered. The builder did not include pools, so any home with one has had it added by an owner. Lots are a third of an acre and cleared, which gives good flexibility on placement if you want to build one after closing.
Is Armen Groves gated?
No, and there is no age restriction either. It is a single street entered from Smith Road or Grant Road off North Courtenay Parkway, and because nothing connects through, the only traffic on Armen Drive is residents and visitors.
What do homes cost here?
Between roughly $625,000 and $750,000, with the middle at $659,900 and closings around $642,450, or about $248 a square foot. Homes have gone under contract in about nine days at roughly 99 percent of their original asking price, so plan on moving quickly.
Why do the tax figures vary so much?
Because the subdivision is new. Some bills reflect a parcel assessed before the house was finished, which is why figures as low as $172 appear, while a completed and reassessed home has run as high as $6,355. Estimate your own bill from the purchase price rather than the seller's last statement.
How is the commute from here?
State Road 528 is a few minutes south, which puts Port Canaveral and Kennedy Space Center close and Orlando about an hour west. The central Merritt Island retail corridor is a short run down Courtenay Parkway, and State Road 520 continues south to Cocoa Beach or west to Interstate 95.
Armen Drive, Merritt Island 32953
Armen Groves is in the 32953 ZIP code on North Merritt Island, just north of the Canaveral Barge Canal. From State Road 528 or from central Merritt Island you head north on Courtenay Parkway over the canal, then turn east at Smith Road or Grant Road and left into the subdivision. Armen Drive is the only street, and it curves through the plat with corner and cul de sac parcels at the ends.
Being right at the barge canal is the practical advantage. State Road 528 is a few minutes south, which is the fast route to Port Canaveral, Kennedy Space Center and Orlando, roughly an hour to the airport. The central retail corridor with groceries, pharmacies and restaurants is a five to ten minute drive down Courtenay. State Road 520 further south takes you east to Cocoa Beach or west to US 1 and Interstate 95.
Near Armen Groves In Merritt Island
Considering Armen Groves?
The builder is finished here, so the only way into Armen Groves now is a resale, and there are not many of them. My partner Nichole and I know which floor plans are on the street, which lots have the better orientation for an afternoon by the pool you have not built yet, and what a fair number looks like. Call or text (321) 212-7676.
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