Penthouse Greens in Largo

Penthouse Greens Homes for Sale in Largo, FL

Condo community · Largo, Pinellas County · ZIP 33771

A golf-side condo community in Largo, fairway-view units with a heated pool by East Bay Golf.

Golf-side condosHeated pool and fitnessInclusive condo dues
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
Penthouse Greens is a golf-side condo community, so the unit, the floor and fairway view, and the association, not a community average, decide the buy.
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Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseStellar MLS
n/a
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Penthouse Greens is a condo community in Largo set beside the East Bay Golf Course, so the read is by unit rather than one number: a roughly three-story complex of about 99 units with floor plans from studios to four bedrooms, sharing a heated pool, fitness room, and clubhouse, with broadly inclusive condo dues. The unit, the floor, the fairway view, the condition, and the association budget and rules drive value. Your leverage is matching the unit and view to real comps and reading the association budget, with the golf-side, near-beach Largo location as the draw."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Penthouse Greens is a condo community in Largo, Pinellas County, a roughly three-story complex of about 99 units situated adjacent to the East Bay Golf Course, with panoramic views overlooking the fairway (Largo condo and listing sources, 2026).

Floor plans range from studios of about 700 square feet to four-bedroom units of roughly 1,800 square feet. Community facilities include a heated pool, a fitness room, a clubhouse, and covered parking in a pet-friendly setting. Monthly condo dues have run roughly in the four-to-six-hundred range, covering cable, internet, water, sewer, trash, pool maintenance, and pest control. The community has a convenient Largo location near shops, the library, and the beaches.

This is a condo, association-driven market, so the money is made or lost on the unit, the floor, the fairway view, the condition, and the association budget and rules, not the headline price.

The pitch is golf-side condo living with a heated pool and inclusive dues near the Gulf beaches. The work is sorting the unit and view, reading the association budget, reserves, and rules, judging condition, and pricing against real comps before you offer.

Best for

  • Buyers who want a golf-side condo with fairway views
  • Buyers who value a heated pool, fitness, and inclusive dues
  • Downsizers and value buyers comfortable with a condo association
  • Buyers who want a near-beach Largo location

Probably not for

  • Buyers who want a detached single-family home with a yard
  • Anyone unwilling to read a condo association budget and rules
  • Buyers who want new construction with a warranty
  • Buyers who want a large private lot

How Penthouse Greens is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
56Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Penthouse Greens listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Penthouse Greens buys, holds, and resells. See the five factors.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The Club & Membership

15-Second Take
  • A heated community pool
  • A fitness room and clubhouse
  • Covered parking, pet-friendly
  • Fairway views beside East Bay Golf
  • Dues covering cable, internet, and utilities

Penthouse Greens is a golf-side condo community in Largo, a roughly three-story complex of about 99 units set adjacent to the East Bay Golf Course with panoramic fairway views. Floor plans range from studios of about 700 square feet to four-bedroom units of roughly 1,800 square feet, and facilities include a heated pool, fitness room, clubhouse, and covered parking in a pet-friendly setting. Monthly dues have run roughly four-to-six hundred, covering cable, internet, water, sewer, trash, pool maintenance, and pest control. Because the association budget and rules are central, confirm the unit, floor, and view, the dues, reserves, and rules, the condition, and the flood picture before you buy.

The takeaway

Penthouse Greens pairs golf-side fairway-view condos with a heated pool and inclusive dues near the Largo shops and the Gulf beaches, the golf-and-value case in Pinellas, subject to reading the condo association.

East Bay Golf Course~1 to 3 min · adjacent golf
Largo shops and library~3 to 8 min · shopping and services
US 19~3 to 8 min · regional access
Indian Rocks Beach and the Gulf~12 to 20 min · beaches
Downtown St. Petersburg~20 to 30 min · urban core
Clearwater~12 to 20 min · shopping and services
Tampa International Airport~30 to 45 min · via the causeways

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Penthouse Greens with Momentum Realty’s local guides.

FGFloral GardensLargo, FL · 0.1 miSCSun Coast EstatesLargo, FL · 0.5 miICImperial CoveClearwater, FL · 0.7 miTPTall PinesEstatesLargo, FL · 0.8 miTPTall PinesLargo, FL · 0.8 miGEGolfside EstatesLargo, FL · 0.8 miNCNewport,ClearwaterClearwater, FL · 0.8 miCOColonialVillageLargo, FL · 0.8 miCUCumberlandParkLargo, FL · 1.0 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Penthouse Greens (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Penthouse Greens is served by Pinellas County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Pinellas County Schools (verify by address)

Verifyrating
By address

Confirm zoned elementary, middle, and high

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any Penthouse Greens address.

The takeaway

What is actually shaping value at Penthouse Greens: golf-side condo demand in Largo, the inclusive dues and amenities, and the condo-association dynamics of reserves and rules. Each item is sourced and linked.

Recent Developments in Penthouse Greens

Our read on what is being built around Penthouse Greens, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishGolf-side, near-beach condo demand supports interest, with the watch items being the association budget, reserves, assessments, and Florida condo-law compliance.

Golf-side fairway views

Ongoing
BullishNotable impact
SignificanceRadius: Community

Panoramic fairway views beside the East Bay Golf Course are a distinctive draw that supports value.

Heated pool and amenities

Ongoing
BullishNotable impact
SignificanceRadius: Community

A heated pool, fitness room, clubhouse, and covered parking add amenity value within the community.

Inclusive condo dues

Ongoing
BullishNotable impact
SignificanceRadius: Community

Dues covering cable, internet, and utilities simplify carrying costs for many buyers.

Condo association budget

Ongoing
NeutralMajor impact
SignificanceRadius: Community

In a condo, the dues, reserves, and any special assessments are central to value and must be verified per unit.

Florida condo-law compliance

Ongoing
NeutralNotable impact
SignificanceRadius: Community

Milestone inspections and reserve studies under Florida condo law affect costs and should be confirmed.

Near-beach Largo location

Ongoing
BullishMinor impact
SignificanceRadius: Area

A convenient Largo location near shops and the Gulf beaches supports demand.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Penthouse Greens, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. January 2026
    Market

    Penthouse Greens remains a golf-side Largo condo community

    Penthouse Greens is described as a Largo condo community adjacent to the East Bay Golf Course, a roughly three-story complex of about 99 units with fairway views, a heated pool, fitness room, and clubhouse, with dues covering cable, internet, and utilities. Why it matters: A golf-side setting with inclusive dues keeps the community in steady demand. Source

  2. January 2025
    Civic

    Florida condo-law reserves shape condo carrying costs

    Statewide, Florida condominium reserve and milestone-inspection requirements have shaped dues and special assessments across older condo communities, making the association budget central to value. Why it matters: Buyers should verify reserves, the reserve study, and any assessments for the specific Penthouse Greens unit. Source

Development alerts for Penthouse GreensGet a short monthly email when something new is approved, funded, or opens near Penthouse Greens.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Penthouse Greens, this is the order of operations we would run, and the one we run for our clients.

1

Sort the unit, floor, and view first. Penthouse Greens is condos, so the floor, the fairway view, and the unit drive value.

2

Read the condo association budget. Verify the dues, the reserves, the inclusions, any special assessments, and the milestone-inspection and reserve-study status.

3

Confirm the rules. Verify any pet and rental restrictions for the specific unit and your plans.

4

Judge the unit by condition. Read the systems and any updates for the specific condo.

5

Use the Largo context, and cross-shop other golf-side condos such as Harbor Greens.

Best Buy
A well-kept unit with a good floor and fairway view in a well-funded association matched to comps
Biggest Risk
Underreading the condo reserves, assessments, and rules
Best Lot
A higher floor with a fairway view over a ground-floor, lesser view
Smart Timing
Confirm the association budget, reserves, and rules before you offer
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

The Homes

Type

Condos

Units

About 99 in a three-story complex

Sizes

Studios to four bedrooms

Setting

Adjacent to East Bay Golf

Costs & Fees

Dues

Recently roughly $400 to $600

Includes

Cable, internet, water, sewer, trash

Worth noting

Verify reserves, assessments, and rules

Amenities

Pool

Heated community pool

Fitness

Fitness room

Clubhouse

Community clubhouse

Golf

Fairway views beside East Bay Golf

Location

Area

Largo, Pinellas County, ZIP 33771

Access

US 19 near shops and the library

Nearby

Indian Rocks Beach and the Gulf

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Studio or Lower Floor

The studios and lower-floor units, the affordable way into the golf-side community.

Lowest entry
The Fairway View

The higher-floor, fairway-view units, the heart of the resale market here.

Most inventory
The Top

The largest, most updated units with the best fairway views in a well-funded association, the ones that hold value best.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

The Studio or Lower Floor
The studios and lower-floor units, the affordable way into the golf-side community.
The Fairway View
The higher-floor, fairway-view units, the heart of the resale market here.
The Top
The largest, most updated units with the best fairway views in a well-funded association, the ones that hold value best.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Golf and lake lots resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Location within LargoStrong
Established communityPositive
HOA and CDD postureConfirm per parcel
Home condition and systemsVerify per home
Flood read per lotVerify per address

Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.

5 Mistakes Buyers Make in Penthouse Greens

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Ignoring the optional club cost
  • Skipping the roof, HVAC, and systems check

In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.

The golf-side setting, the heated pool, and the inclusive dues are the draw; the units and the association vary. The deal is won or lost on the unit, the view, and the association budget and rules.

Jon Brooks · Founder, Momentum Realty
6.8B- · Buy Score
Resale Strength6.6/10
Renovation Risk4.4/10
Location Efficiency7.4/10
Long-Term Defensibility6.6/10
Carrying Cost Advantage5.8/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Penthouse Greens is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take
  • Higher floors with fairway views hold value best
  • Ground-floor, lesser-view units trade at a discount
  • A well-funded association protects value
  • Verify reserves, assessments, and rules
  • Read the unit and the association before the finishes

In a condo community, the unit, the view, and the health of the association are the part of your money the market protects. Higher-floor, fairway-view units in well-funded associations hold value better than ground-floor, lesser-view units or buildings with thin reserves, and the golf-side, near-beach Largo location and the heated pool are durable draws. The unit can be updated; the building and the association picture cannot. Read the unit, the view, and the association budget and reserves first, then price the condition against comparable condo sales.

Penthouse Greens in 15 seconds.

Best forBuyers who want a golf-side Largo condo with a fairway view and a heated pool.
Biggest advantageFairway views, a heated pool and fitness, and inclusive dues near the beaches.
Biggest riskThe condo association budget, reserves, assessments, and rules to verify per unit.
Sweet spotA well-kept unit with a good fairway view in a well-funded association, matched to comps.
Avoid ifYou want a detached home, new construction, or a large lot, or you will not read the association.

Condo Dues, Reserves & Rules

15-Second Take
  • Condo dues recently ran roughly a confirmed amount to a confirmed amount
  • Cable, internet, water, sewer, and trash included
  • Verify reserves, the reserve study, and assessments
  • Confirm the milestone-inspection status
  • Check any pet and rental rules per unit

Penthouse Greens is a condo community where monthly dues, recently roughly in the four-to-six-hundred range, have covered cable, internet, water, sewer, trash, pool maintenance, and pest control, along with the building and grounds. Confirm the current dues, the reserves and reserve study, any special assessments, the milestone-inspection status, and the inclusions for the specific unit, because in a condo the association budget is central to value.

Condo dues fund the building exterior, grounds, the heated pool, fitness room, clubhouse, and the included utilities and services. Verify the exact dues, reserves, assessments, and inclusions for the specific unit.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Penthouse Greens, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Harbor Greens, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Penthouse Greens home worth?

Get a no-obligation home value based on real comparable sales in Penthouse Greens matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Penthouse Greens on the map →
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Real comps, not a Zestimate.

Penthouse Greens Market Scorecard

Strong seller's market

Penthouse Greens is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,019,500, and homes go under contract in about 79 days.

1.8
Months supply
$1,019,500
Median list
$847,500
Median sold
$313
Per sqft
79
Days on mkt
6/8/41
Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Penthouse Greens?
Penthouse Greens is a condo community in Largo, Pinellas County, adjacent to the East Bay Golf Course, ZIP 33771.
What kind of homes are in Penthouse Greens?
Condos in a roughly three-story complex of about 99 units, with floor plans from studios of about 700 square feet to four-bedroom units of roughly 1,800 square feet.
What amenities does Penthouse Greens have?
A heated pool, a fitness room, a clubhouse, and covered parking, in a pet-friendly setting beside the golf course.
What do the condo dues cover?
Dues, recently roughly four-to-six hundred a month, have covered cable, internet, water, sewer, trash, pool maintenance, and pest control, plus the building and grounds. Confirm the current dues and inclusions for the specific unit.
Is Penthouse Greens on a golf course?
Yes. It is situated adjacent to the East Bay Golf Course, with fairway views, and golf at the East Bay Golf Club is within walking distance.
What schools serve Penthouse Greens?
It is part of Pinellas County Schools. Assignment is by address and can change, so confirm the exact zoned schools.
Are pets and rentals allowed at Penthouse Greens?
The community is described as pet-friendly; confirm the current pet and rental restrictions with the association for the specific unit.
Does Penthouse Greens flood?
Exposure is parcel specific. Run the FEMA flood zone and confirm the association's master flood coverage for the specific unit.
Is Penthouse Greens a good value?
A golf-side condo with a heated pool and inclusive dues near the beaches supports demand, with value driven by the unit, the view, the condition, and the association's budget. This is not a guarantee of future value.
What should I check before buying in Penthouse Greens?
The unit, floor, and view, the condo dues, reserves, assessments, milestone-inspection status, and rules, the condition, and the flood picture.
Buyers who want a golf-side condo with fairway viewsExcellent fit
Buyers who value a heated pool, fitness, and inclusive duesExcellent fit
Downsizers and value buyers comfortable with a condo associationExcellent fit
Buyers who want a near-beach Largo locationExcellent fit
Buyers who will read the condo association budget and rulesExcellent fit
Buyers who want a detached single-family home with a yardProbably not
Anyone unwilling to read a condo association budget and rulesProbably not
Buyers who want new construction with a warrantyProbably not
Buyers who want a large private lotProbably not
Buyers who want a no-association structureProbably not

Get the inside read on Penthouse Greens

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your Penthouse Greens home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Penthouse Greens specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Penthouse Greens — what to look for, questions to ask, and your local expert.
Stellar MLS logoMLS GRID logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. 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; deemed reliable but not guaranteed by MLS GRID.

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