
Calypso Tower III 15928 Front Beach Rd Unit 3-2003 Panama City Beach, FL 32413
Estimated payment $3,551/month
Highlights
- Beach
- Heated In Ground Pool
- Elevator
- J.R. Arnold High School Rated A-
- Furnished
- Balcony
About This Home
Prime Investment Opportunity: Luxury Condo at Calypso Beach Resort Discover the incredible potential of this gulf-front condo in Tower 3 at Calypso Beach Resort—perfectly positioned to deliver impressive returns for savvy investors. PROVEN RENTAL HISTORY!!!THIS IS A CASH FLOWING UNIT! Built in 2020, this one-bedroom, two-bathroom condo comes fully furnished and is rental-ready, offering an excellent opportunity for both short-term vacation rentals and long-term growth. With built-in bunks and a sleeper sofa in the living room, this unit comfortably sleeps up to six guests, making it ideal for attracting vacationers looking for a high-quality experience in Panama City Beach. The light, bright interior features beautiful wood-look LVP flooring, a shiplap accent wall in the bedroom, and an updated kitchen with stainless steel appliances, fresh blue cabinetry, subway tile backsplash, and quartz countertops. The spacious breakfast bar is perfect for entertaining or enjoying meals with up to four guests. Plus, a stackable washer/dryer adds extra convenience for both residents and renters. The floor-to-ceiling sliding glass doors offer breathtaking gulf views that extend even further from the large, curved balcony, which is ideal for relaxing or entertaining while watching stunning sunsets. This condo is situated in a resort-style community that offers a wealth of amenities, including a full-service restaurant, private cabanas, a zero-entry pool, a fully equipped fitness center, and easy access to the beach for morning walks or bike rides. Investors will appreciate the ongoing demand for properties in this area, with nearby attractions such as Shipwreck Island Water Park and Pier Park, which offer shopping, dining, and entertainment for all ages.Whether you're looking to expand your portfolio or secure a highly profitable second home, this property offers an incredible opportunity in one of the most desirable locations in Panama City Beach.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,333
Year Built
- Built in 2020
HOA Fees
- $644 Monthly HOA Fees
Parking
- Covered Parking
Interior Spaces
- 1,103 Sq Ft Home
- Furnished
- Living Room
Kitchen
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Heated In Ground Pool
Schools
- Hutchinson Beach Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 33802-220-205
Community Details
Overview
- Association fees include accounting, insurance, master, security, cable TV
- Calypso Towers Iii Subdivision
Amenities
- Laundry Facilities
- Elevator
Recreation
- Beach
Map
About Calypso Tower III
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $4,880 | $416,500 | -- | $416,500 |
2023 | $4,880 | $337,769 | $0 | $433,500 |
2022 | $3,339 | $307,063 | $0 | $307,063 |
2021 | $43 | $4,094 | $0 | $4,094 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/26/2025 05/26/25 | Price Changed | $445,000 | -0.7% | $477 / Sq Ft |
05/05/2025 05/05/25 | Price Changed | $448,000 | -0.2% | $481 / Sq Ft |
03/04/2025 03/04/25 | For Sale | $449,000 | -12.0% | $482 / Sq Ft |
06/12/2023 06/12/23 | Sold | $510,500 | -1.4% | $548 / Sq Ft |
05/11/2023 05/11/23 | Pending | -- | -- | -- |
05/04/2023 05/04/23 | Price Changed | $518,000 | -0.2% | $556 / Sq Ft |
04/20/2023 04/20/23 | Price Changed | $519,000 | -0.2% | $557 / Sq Ft |
04/13/2023 04/13/23 | Price Changed | $520,000 | -1.9% | $558 / Sq Ft |
03/15/2023 03/15/23 | For Sale | $530,000 | -- | $569 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $510,500 | Aqua Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $382,875 | New Conventional |
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Source: Emerald Coast Association of REALTORS®
MLS Number: 977232

APN: 33802-220-205
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