- 1 bed
- 2 baths
- 1,103 sqft
- $403 per sqft
- 2020 build
- – on site
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.
Last checked:
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Last updated May 26, 2025
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MLS# 977232 —
The Building
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Year Built:2020
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Building Area Total:1103.0
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Building Area Source:County PA Records
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Architectural Style:N/A
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Levels:None
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Exterior Features:Balcony
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Accessibility Features:None
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Direction Faces:None
Interior
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Furnished:Furnished - All
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Rooms Total:3
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Fireplace:No
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Fireplaces Total:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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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
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Renovated, Construction Complete
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Property Attached:None
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Lot Size Units:Acres
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Possible Use:None
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Parcel Number:33802-220-205
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Topography:None
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Waterfront:No
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:5332.51
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Tax Legal Description:CALYPSO TOWERS III UNIT 3-2003 TYPE D ORB 4368 P 1381 1BR/2BA ORB 4698 P 2243 1103 SQ.FT
Beds
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Bedrooms Total:1
Baths
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Total Baths:2.0
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Total Baths:2
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Full Baths:2
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Public Water, TV Cable
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Electric:None
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Washer
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Dryer:true
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Washer:true
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Microwave:true
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Dishwasher:true
Schools
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Elementary School:Hutchinson Beach
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Elementary School District:None
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Middle Or Junior School:Surfside
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Middle Or Junior School District:None
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High School:Arnold
The Community
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Subdivision Name:Calypso Towers III
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Community Features:Beach, Elevators, Exercise Room, Laundry
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee 2:644.0
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Association Fee Frequency:Monthly
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Association Fee Includes:Accounting, Insurance, Master Association, Security, Cable TV
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Pool Private:None
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Pool Features:Pool - Heated, Pool - In-Ground, Pool Type
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Attached Garage:false
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Carport:false
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Parking Features:Covered
Monthly cost estimate

Asking price
$445,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,382
|
Taxes | $444 |
Insurance | $122 |
Utilities | $111 See report |
Total | $3,059/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/26/25
May 26, 2025
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Listed / Active | ECARMLS | $445,000 |