Melbourne, FL - Indian River Groves & Gardens, Melbourne, FL
Melbourne, FL - Indian River Groves & Gardens — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Melbourne, FL - Indian River Groves & Gardens, Melbourne, Florida. Explore the cited sources and local facts below while agent underwriting continues.
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Melbourne, FL - Indian River Groves & Gardens Neighborhood Overview
Indian River Groves & Gardens is a residential neighborhood in Melbourne, Florida, characterized by its quiet, suburban atmosphere. Located in ZIP code 32901, it offers residents a blend of affordability and proximity to the Space Coast's major attractions. The community provides a classic Florida living experience with convenient access to urban amenities.
Lifestyle & Amenities
The neighborhood offers a relaxed lifestyle with nearby shopping centers, dining options, and local parks for recreation. Residents enjoy easy access to the Indian River Lagoon, providing opportunities for boating, fishing, and waterfront activities. Its central Melbourne location means major retail corridors and healthcare facilities are just a short drive away.
Real Estate Market
The real estate market in Indian River Groves & Gardens features a median home value of $222,900, indicating its status as an affordable option within the region. Homes typically stay on the market for an average of 62 days, and approximately 49% of residents are homeowners. The median monthly rent is $1,209, catering to both owners and renters.
Schools & Education
The neighborhood is served by the Brevard Public Schools district, which includes a variety of elementary, middle, and high schools. Families have access to both traditional public schools and other educational options within the Melbourne area. The specific schools serving the area can vary based on exact location within the 32901 ZIP code.
Transportation & Connectivity
Major roadways like U.S. Route 1 and Babcock Street provide efficient connections throughout Melbourne and to neighboring cities. The neighborhood is conveniently situated for commutes to the Melbourne Orlando International Airport and area employment centers. Public transportation options are available through Space Coast Area Transit services.
Why Choose Melbourne, FL - Indian River Groves & Gardens
This neighborhood is an excellent choice for those seeking an affordable entry into the Melbourne housing market with a median household income of $47,115. It offers a balance of suburban tranquility and convenient access to the broader amenities of the Space Coast. The mix of homeownership and rental options, combined with its central location, makes it a practical and appealing community for a variety of residents.
Melbourne, FL - Indian River Groves & Gardens Market Data
| Metric | Value |
|---|---|
| Median Home Price | $223K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $47K |
| Homeownership Rate | 49.2% |
| Renter-Occupied | 50.8% |
| Rental Vacancy Rate | 7.1% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 32901 |
Top Real Estate Agents in Melbourne, FL - Indian River Groves & Gardens, Melbourne
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Melbourne, FL - Indian River Groves & Gardens, Melbourne, FL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Florida Department of Business & Professional Regulation (DBPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12