$445,000

Calypso Tower III 15928 Front Beach Rd Unit 3-2003 Panama City Beach, FL 32413

Estimated payment $3,551/month

Total Views 3,217
1 Bed
2 Baths
1,103 Sq Ft
$403 Price per Sq Ft

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.

Listing Agent

Jacklyn Hardy

Douglas Elliman License #3471740 Listed on: 05/26/2025

Douglas Elliman

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,333

Year Built

Built in 2020

Lot Details

0

HOA Fees

$644 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Calypso Towers III
  • Directions: From the intersection of Hwy 79 south and Front Beach Road, travel one mile east. Calypso Tower III is located just past the entrance to Pier Park and adjacent to the construction of the Embassy Suites Hotel and Conference Center
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2020
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • Exterior Features: Balcony
  • Property Condition: Renovated, Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered
  • General Property Info:Garage2: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Elevators, Exercise Room, Laundry
  • Association #2 Fee: 644.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Insurance, Master Association, Security, Cable TV

Schools

  • Elementary School: Hutchinson Beach
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 33802-220-205
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5332.51
  • Tax Year: 2024

Map

About Calypso Tower III

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

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
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $510,500 Aqua Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,875 New Conventional
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 977232

Emerald Coast Association of REALTORS®

APN: 33802-220-205

Florida Bay County Panama City Beach 32413

15928 Front Beach Rd Unit 3-2003, Panama City Beach, FL

This home is located at 15928 Front Beach Rd Unit 3-2003, Panama City Beach, FL 32413 and is currently priced at $445,000, approximately $403 per square foot. This property was built in 2020. 15928 Front Beach Rd Unit 3-2003 is a home located in Bay County with nearby schools including J.R. Arnold High School, Hutchison Beach Elementary School, and Surfside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Jacklyn Hardy
Section Image
Douglas Elliman
(703) 969-0322