Neighborhood · Clearwater, Florida
Penthouse Groves
Affordable Clearwater condos close to the coast
6
Homes for sale
$182,000
Median list price
$156
Avg price / sqft
15
Median days on market
Penthouse Groves sits in the heart of Clearwater, a Pinellas County pocket built around low-maintenance condo living rather than sprawling single-family lots. It's the kind of place that appeals to buyers who want the Gulf Coast lifestyle without the Gulf-front price tag, with easy connections to Downtown Clearwater and neighboring communities like Sand Key and Cove Cay. Tampa International Airport is about 33 minutes away, which keeps travel and commuting practical.
For a buyer today, this is one of the more accessible corners of the Clearwater homes for sale market. Active listings are limited — just six on the market — with a median list price of $182,000 and homes moving in about two weeks. The tradeoff is condo economics: expect an HOA around $642 a month, which is worth weighing against the low entry price and property taxes near $2,619 a year.
Penthouse Groves is a community in Clearwater, Florida.
Quick facts
$109,900 – $339K price range
1,270 sqft median home
$642/mo median HOA
13 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
$339,000
1655 S HIGHLAND AVENUE UNIT J187, CLEARWATER
3 bd · 2 ba · 1,600 sqft
$199,000
1655 S HIGHLAND AVENUE UNIT B110, CLEARWATER
2 bd · 2 ba · 1,270 sqft
$299,995
1655 S HIGHLAND AVENUE UNIT I379, 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
$109,900$119,999
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
13
Sold, last 12 months
$138,700
Median sold price
95%
Sale-to-list ratio
What sellers actually get vs asking
94 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
≈ $2,029/mo
$182,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$642/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 suits buyers who want a low-maintenance, well-connected base in Clearwater rather than a big yard. You're close to Downtown and the coast, with assigned schools including Ponce De Leon Elementary, Largo Middle, and Largo High. The condo lifestyle here trades upkeep for convenience and affordability.
Is Penthouse Groves expensive?+
No — it's among the more affordable parts of Clearwater, with a median list price of $182,000 and listings ranging from $119,999 to $339,000. The main ongoing cost to budget for is the condo HOA, which runs a median of $642 a month.
What do homes cost in Penthouse Groves?+
Current active listings carry a median list price of $182,000, while homes sold over the past 12 months closed at a median of $138,700. At about $157 per square foot for a typical 1,270-square-foot unit, it's a value-driven segment of the Clearwater homes for sale market.
How is the market in Penthouse Groves?+
It's a small, fast-moving market — only six active listings and 13 sales in the past year, with homes going under contract in a median of 14.5 days. Sellers are averaging 95% of their asking price, so pricing tends to be grounded and negotiation room is modest.
What about HOA fees and property taxes?+
Because this is condo-oriented, the median HOA fee is $642 a month, which typically covers building and common-area maintenance. Property taxes run around $2,619 a year, so factor both into your monthly budget alongside the purchase price.
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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