Neighborhood · Clearwater, Florida
Penthouse Groves
Affordable Clearwater condos with easy Gulf access
5
Homes for sale
$154,900
Median list price
$140
Avg price / sqft
82
Median days on market
Penthouse Groves is a small, budget-friendly condo community in the heart of Clearwater, close enough to the water that a couple of listings here trade as waterfront property. It sits within reach of the amenity-rich enclaves that define this stretch of Pinellas County — from On Top Of The World to the beach lifestyle out on Sand Key — while staying at a price point that opens the door for first-time buyers and downsizers alike. With Tampa International Airport about 33 minutes away, it's a practical base for anyone who travels or commutes.
For buyers today, this is a quiet, low-inventory market: just 5 active listings with a median list price of $154,900. Homes here take their time, with a median 82 days on market, and sellers have been getting about 95% of asking — which means there's room to negotiate if you come prepared. Compared to pricier waterfront pockets like Cove Cay or the condos near Downtown, Penthouse Groves is one of the more attainable entries into the Clearwater condo scene.
Penthouse Groves is a community in Clearwater, Florida.
Quick facts
$119,999 – $339K price range
1,270 sqft median home
$621/mo median HOA
11 sold in 12 months
Drive times
On the market now
Homes for sale in Penthouse Groves
$339,000
1655 S HIGHLAND AVENUE UNIT J187, CLEARWATER
3 bd · 2 ba · 1,600 sqft
$182,000$202,000
1655 S HIGHLAND AVENUE UNIT B215, CLEARWATER
2 bd · 2 ba · 1,185 sqft
$149,000$159,000
1655 S HIGHLAND AVENUE UNIT J190, CLEARWATER
2 bd · 2 ba · 1,270 sqft
$154,900$162,900
1655 S HIGHLAND AVENUE UNIT I181, CLEARWATER
2 bd · 2 ba · 1,270 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
11
Sold, last 12 months
$163,000
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
▼ 40.5% 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
≈ $1,874/mo
$154,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$621/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, affordable Clearwater community with a couple of waterfront units and quick access to Tampa International Airport, about 33 minutes away. Assigned schools include Ponce De Leon Elementary, Largo Middle, and Largo High. It suits buyers who want a manageable, well-located home without the price tag of the beach enclaves.
Is Penthouse Groves expensive?+
No — it's one of the more affordable options in Clearwater, with a median list price of $154,900 and listings ranging from about $119,999 to $339,000. At roughly $140 per square foot, it's an accessible entry point for the area.
What do homes cost in Penthouse Groves?+
The median list price is $154,900, and over the past 12 months 11 homes sold at a median of $163,000. Prices run about $140 per square foot for a median home size of around 1,270 square feet.
How is the market in Penthouse Groves right now?+
Inventory is tight, with just 5 active listings, and homes tend to sit — the median is 82 days on market. Sellers have been getting about 95% of asking on average, so there's typically some negotiating room for a well-prepared buyer.
What are the HOA fees and property taxes like?+
The median HOA fee is $621 per month, which is typical for a condo community and generally covers shared building and grounds costs. Median property taxes come in around $2,718 per year.
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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