Penthouse Groves
Condos for Sale in Clearwater, FL
True comps, carrying-cost math, and listings before the portals.
Homes For Sale Right Now in Penthouse Groves
Live MLS inventory for Penthouse Groves. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 199 daysTop listing
Active · 44 days
Active · 73 days
Under Contract · 23 days
Under Contract · 94 days
Pending · 131 daysActive and pending Penthouse Groves listings as of 2026-11-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2026 through 2026. Tap any home to ask about it.
Penthouse Groves is a managed, deed-restricted condo community, and that structure is doing most of the work on price. With a median around $138,700 and roughly $117 per square foot, value here is driven by unit condition, floor, and view far more than by headline numbers. The amenity package — pool, clubhouse, fitness center, sauna, elevators, shuffleboard — plus maintenance and cable rolled into the association, explains why two similar-sized units can trade well apart.
The posture is a slow, balanced market. A median 94 days on market, 4.8 months of supply, six active listings, and a heat score of 14 all point to a deliberate pace, and prices are down 14.9% year over year off a thin 13-closing window. For a buyer, that means time to inspect and negotiate rather than rush. For a seller, it means pricing to the current market and condition, not to last year.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Penthouse Groves right now
🔴 Seller-leaning market. 2.4 months of supply and 50% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of November 13, 2026. Confidence: High (6 active and pending listings, 9 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Penthouse Groves market snapshot (as of November 13, 2026): the median sale price is about $122K ($108 per sq ft over the trailing 12 months of closed sales), a median 94 days on market for closed sales, and 2.4 months of supply, a seller-leaning market.
This is a condo community built around shared recreation and bundled maintenance, with a Buyer Approval Required step that shapes who can close and when. Expect a measured transaction, not a bidding war.
The setting & the homes.
Aerial and on-site photos of Penthouse Groves. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Penthouse GrovesPenthouse GrovesPenthouse GrovesPenthouse GrovesPenthouse GrovesPenthouse Groves
Penthouse Groves
Penthouse GrovesPhotos from Stellar MLS listings in Penthouse Groves; content deemed reliable but not guaranteed.
Who Penthouse Groves is best for.
Best for
- Buying to hold in a lower-priced condo where maintenance and recreation are handled by the association
- Buyers who want pool, fitness, sauna, and clubhouse access without managing it themselves
- Buying with patience in a balanced market and time to clear buyer approval
Probably not for
- Needing to close quickly without an association approval step
- Preferring a home with no deed restrictions or shared-use rules
- Wanting to avoid ongoing association fees and recreation costs
Housing distress & ownership in Penthouse Groves, CLEARWATER
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period November 2026 through November 2026. Deemed reliable but not guaranteed.
Penthouse Groves on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.
Life at Penthouse Groves
- Pool · reported on 19 of 21 listings
- Clubhouse · reported on 15 of 21 listings
- Buyer Approval Required · reported on 13 of 21 listings
- Fitness Center · reported on 11 of 21 listings
- Deed Restrictions · reported on 9 of 21 listings
- Shuffleboard Court · reported on 6 of 21 listings
- Association Recreation - Lease · reported on 4 of 21 listings
- Association Recreation - Owned · reported on 4 of 21 listings
- Community Mailbox · reported on 4 of 21 listings
- Cable TV · reported on 3 of 21 listings
- Elevators · reported on 2 of 21 listings
- Sauna · reported on 2 of 21 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Pinellas County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Pinellas County Public Schools (verify by address) · Public
- Confirm zoned elementary, middle, and high · By address
- Magnet and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Penthouse Groves listings and can change; always confirm with Pinellas County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Penthouse Groves address.
The Penthouse Groves buying strategy.
If we were buying in Penthouse Groves today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Penthouse Groves.
What the association structure means
The reported amenities read like a full-service building: pool, clubhouse, fitness center, sauna, shuffleboard, elevators, community mailbox, and cable TV, with maintenance and recreation facilities handled through the association. Both leased and owned recreation are noted, so the carrying structure and what the fee covers deserve a close look before you write an offer.
Two line items matter most here. Deed Restrictions set the rules of ownership and use, and Buyer Approval Required means the association vets buyers, which can add time to an already 94-day median. Confirm current amenities, fees, approval timeline, and any leasing rules directly with the HOA — the amenities note flags that these are pulled from listings and should be verified.
The location and the amenities are priced into every listing in Penthouse Groves. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A condo with deed restrictions and buyer approval rewards diligence over speed. We read the association documents, map the approval timeline against your closing goals, and price to actual condition in a balanced, slow-moving market — so you are not surprised by a fee, a rule, or a delay after you are already under contract.
Penthouse Groves in 15 seconds.
Tools for a Penthouse Groves buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Penthouse Groves sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Penthouse Groves, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Penthouse Groves home worth?
Get a no-obligation home value based on real comparable sales in Penthouse Groves, 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 Groves on the map →
Ask an agent about Penthouse Groves Condos for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Penthouse Groves Condos for Sale will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Penthouse Groves?
How long do homes in Penthouse Groves take to sell?
Is Penthouse Groves a buyer's or seller's market right now?
What schools serve Penthouse Groves?
Who is the best real estate agent for Penthouse Groves?
How do I find a top Clearwater real estate agent who knows Penthouse Groves?
Can Momentum Realty connect me with an agent for Penthouse Groves?
Should you buy in Penthouse Groves?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Penthouse Groves with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: November 12, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending November 13, 2026 |
| Under-contract shares | Stellar MLS records, as of 2026-11-13 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2026 (9 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Penthouse Groves fits the bigger picture — live prices, inventory, and Momentum Scores: