Neighborhood · Clearwater, Florida
Penthouse Groves
Affordable Clearwater condos minutes from the Gulf
6
Homes for sale
$155,950
Median list price
$140
Avg price / sqft
56
Median days on market
Penthouse Groves is a compact, condo-driven pocket of Clearwater where prices stay grounded and daily life is easy—you're close to the beaches, the shopping, and the wider set of Clearwater homes for sale without paying a waterfront premium to get there. It sits within reach of established Clearwater names like On Top Of The World and Cove Cay, and the commute is real-world practical: about 33 minutes to Tampa International and 39 to downtown Tampa.
For a buyer today, this is one of Clearwater's more accessible entry points. Six homes are active with a median list price of $155,950, and the range runs from $117,500 up to $339,000, so there's room to shop by budget. Eleven homes have sold over the past year at a median of $163,000, with sellers netting about 95% of asking—meaning there's space to negotiate but not to lowball, especially against the Sand Key condo market nearby.
Penthouse Groves is a community in Clearwater, Florida.
Quick facts
$117,500 – $339K price range
1,270 sqft median home
$583/mo median HOA
11 sold in 12 months
Drive times
On the market now
Homes for sale in Penthouse Groves
$202,000
1655 S HIGHLAND AVENUE UNIT B215, CLEARWATER
2 bd · 2 ba · 1,185 sqft
$339,000
1655 S HIGHLAND AVENUE UNIT J187, CLEARWATER
3 bd · 2 ba · 1,600 sqft
$117,500$129,900
1655 S HIGHLAND AVENUE UNIT D241, CLEARWATER
1 bd · 1.5 ba · 1,025 sqft
$162,900$172,900
1655 S HIGHLAND AVENUE UNIT I181, CLEARWATER
2 bd · 2 ba · 1,270 sqft
$149,000$159,000
1655 S HIGHLAND AVENUE UNIT J190, 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
≈ $1,841/mo
$155,950 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$583/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.
On the calendar
Near Penthouse Groves
Jul
11
Sat
Sound Bath Meditation
Find sanctuary this summer at the popular Sound Bath Meditation event. It welcomes everyone, from those seeking their first taste of meditation to seasoned soul-seekers,…
Jul
13
Mon
St. Petersburg Festival of Dance and Adult Dance Competition
10:00 AM
The St. Petersburg Festival of Dance and Adult Dance Competition is an exciting event where participants aged 18 and older can showcase their skills in various categories…
Jul
28
Tue
The Black Keys
7:00pm
Childhood friends Dan Auerbach and Patrick Carney formed the rock band The Black Keys in 2000. Since then, they have become one of the most popular garage rock artists. T…
Aug
8
Sat
Deep Purple
6:00pm
Electrifying audiences since 1968, Deep Purple is a pioneering force in hard rock and heavy metal, weaving together blistering guitar riffs, iconic Hammond organ solos, a…
Aug
19
Wed
Squeeze
6:00pm
Squeeze is a British rock band who has a number of top-ten chart hits including "Cool for Cats," "Labelled with Love," and "Up the Junction."
Aug
27
Thu
Sarasota Salsa and Bachata Festival
Over 40 workshops, masterclasses, and dance challenges bring together Latin dance enthusiasts for three days of intensive learning with top instructors. Your nights fill…
People who close here
Our Clearwater experts
Straight answers
Penthouse Groves FAQs
Is Penthouse Groves a good place to live?+
It's a practical, condo-focused Clearwater neighborhood that trades acreage for location—you're close to the beaches, shopping, and major routes. Tampa International is about 33 minutes away, and the community sits among well-known Clearwater areas like Cove Cay. It suits buyers who want low-maintenance living at a reasonable price.
Is Penthouse Groves expensive?+
No—it's one of the more affordable corners of Clearwater. The median list price is $155,950, and active listings run from $117,500 to $339,000, so most homes sit well below the broader Clearwater market.
What do homes cost in Penthouse Groves?+
The median list price is $155,950 and the median sold price over the past year was $163,000. Homes average about $140 per square foot on a median size of roughly 1,270 square feet, which keeps monthly ownership costs manageable.
How is the market right now?+
It's a small, steady market—six homes are active and 11 sold over the past 12 months. Homes take a median of 56 days to sell, and sellers are getting about 95% of asking, so there's modest room to negotiate without expecting a bargain.
What about HOA fees and property taxes?+
Because this is a condo-heavy neighborhood, expect an HOA—the median dues run about $583 per month, which typically covers shared maintenance. Property taxes are moderate, with a median of about $2,709 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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