Neighborhood · Clearwater, Florida
Penthouse Groves
Affordable Clearwater condo living close to the coast
8
Homes for sale
$172,450
Median list price
$151
Avg price / sqft
6
Median days on market
Penthouse Groves is a compact, budget-friendly pocket of Clearwater where condo living keeps you within easy reach of the Gulf beaches and the everyday conveniences of central Pinellas County. It sits in good company alongside established communities like On Top Of The World and Cove Cay, with the barrier-island calm of Sand Key and the energy of Downtown both a short drive away. It's the kind of place that works for a first purchase, a downsizer, or a low-maintenance seasonal base.
For buyers, this is one of the more accessible entry points in the area right now. There are just 5 active listings with a median list price of $165,000, and homes are averaging $146 per square foot on a median size of about 1,270 square feet. With a median of 42 days on market and sellers netting around 94% of asking, there's room to negotiate without the frantic pace you'll find in pricier waterfront enclaves.
Penthouse Groves is a community in Clearwater, Florida.
Quick facts
$119,999 – $339K price range
1,270 sqft median home
$631/mo median HOA
14 sold in 12 months
Drive times
On the market now
Homes for sale in Penthouse Groves
$165,000
1655 S HIGHLAND AVENUE UNIT F129, CLEARWATER
2 bd · 2 ba · 1,025 sqft
$159,000
1655 S HIGHLAND AVENUE UNIT J194, CLEARWATER
2 bd · 2 ba · 1,270 sqft
$199,000
1655 S HIGHLAND AVENUE UNIT B110, CLEARWATER
2 bd · 2 ba · 1,270 sqft
$179,900
1655 S HIGHLAND AVENUE UNIT F133, CLEARWATER
2 bd · 2 ba · 1,270 sqft
$299,995
1655 S HIGHLAND AVENUE UNIT I379, CLEARWATER
3 bd · 2 ba · 1,600 sqft
$339,000
1655 S HIGHLAND AVENUE UNIT J187, CLEARWATER
3 bd · 2 ba · 1,600 sqft
$155,000$182,000
1655 S HIGHLAND AVENUE UNIT B215, CLEARWATER
2 bd · 2 ba · 1,185 sqft
$119,999$128,000
1655 S HIGHLAND AVENUE UNIT D238, CLEARWATER
2 bd · 2 ba · 1,270 sqft
Every active listing inside the Penthouse Groves boundary
Open full map search →Find your fit
Browse Penthouse Groves
By feature — on the live map
Where the market lives
The numbers that matter
The Penthouse Groves market
14
Sold, last 12 months
$144,350
Median sold price
94%
Sale-to-list ratio
What sellers actually get vs asking
98 days
Median time to sell
Penthouse Groves vs Clearwater
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 21.5% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Penthouse Groves boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Penthouse Groves is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Penthouse Groves home
≈ $1,968/mo
$172,450 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$631/mo
Median HOA
From current listings inside the boundary
Population
329
Median age
57
Median income
$50,190
Median home value
$290,500
Beyond the listings
Living in Penthouse Groves
Hobbies & Interests
Top 4% in the U.S.Dog Lovers
Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.
Appearance oriented
Top 4% in the U.S.Trend Trackers
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
Hobbies & Interests
Top 5% in the U.S.Animal Advocates
Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.
Active
Top 8% in the U.S.Yoga Advocates
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Hobbies & Interests
Top 9% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Active
Top 14% in the U.S.Outdoor Adventures
Appreciating the outdoors, this population wants to actively engage with nature. Whether it's finding a new hiking trail or looking for the perfect spot to catch the sunset, they seek to explore the world around them.
People who close here
Our Clearwater experts
Straight answers
Penthouse Groves FAQs
Is Penthouse Groves a good place to live?+
It's a practical choice if you want affordable, low-maintenance condo living close to Clearwater's beaches and central Pinellas amenities. You're about 33 minutes from Tampa International Airport, and established neighbors like On Top Of The World speak to the area's appeal for buyers who value convenience over flash.
Is it expensive to buy here?+
No, this is one of the more affordable pockets in the area, with a median list price of $165,000 and active listings ranging from $119,999 to $339,000. At an average of $146 per square foot, it's a genuine value compared with waterfront communities like Sand Key.
What do homes cost in Penthouse Groves?+
The median list price is $165,000 and the median home is about 1,270 square feet. Over the last 12 months, 13 homes sold at a median price of $155,000, so actual sale prices tend to land a bit below asking.
How is the market right now?+
It's a calm, buyer-friendly market with 5 active listings and a median of 42 days on market. Sellers are getting around 94% of their asking price on average, which means there's typically some room to negotiate.
What about HOA fees and property taxes?+
Expect a median HOA fee of about $621 per month, which is typical for a condo community and usually covers building and grounds maintenance. Median property taxes run around $2,701 per year, keeping overall carrying costs reasonable at this price point.
Keep exploring
More Clearwater neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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