Calypso Beach Resort, Tower One, 1-402, Gulf-Front 2-Bedroom Condo with Bunk Room.
Experience the best of Panama City Beach from Calypso 1-402, a beautifully updated, low-floor, 2-bedroom, 2-bath Gulf-front condominium located in Calypso's eastmost tower. With its prime beachfront location, stunning Emerald Coast views, and desirable proximity to Pier Park, this exceptional condo offers the perfect combination of coastal luxury, convenience, and rental appeal.
From the moment you step inside, you'll appreciate the crisp, clean, and meticulously maintained interior. Elegant tile flooring flows throughout the condo, complemented by soft coastal paint colors, tasteful furnishings, and décor that create a relaxed and welcoming beach retreat. The open living, dining, and kitchen areas are filled with natural light and showcase breathtaking Gulf views.
The spacious living room features a matching blue sleeper sofa and loveseat, providing comfortable seating for family and guests. The well-appointed kitchen offers stainless steel appliances, abundant wrap-around cabinetry, and a convenient breakfast bar--perfect for casual meals or entertaining after a day at the beach.
Step outside onto the Gulf-front balcony, furnished with quality Polywood furniture, and take in spectacular views of the quartz-white sand and emerald waters of the Gulf of Mexico. The balcony is easily accessible from both the living area and the Gulf-front primary bedroom, creating an ideal setting for morning coffee, sunset cocktails, or simply relaxing to the sound of the waves.
The generous Gulf-front primary suite features direct balcony access and a walk-in closet. Its ensuite bathroom offers a double vanity and a combination shower/tub. The spacious guest bedroom includes a king-size bed, ample closet space, and private access to the second bathroom, which also features a combination shower/tub.
Adding even more versatility is a separate bunk room, providing additional sleeping accommodations and allowing the condo to function and rent much like a 3-bedroom property--a significant advantage for families and vacation rental guests.
A dedicated laundry room with side-by-side washer and dryer adds everyday convenience.
Resort-Style Amenities & Unbeatable Location
Calypso Resort offers an outstanding beachfront lifestyle with tropical beachside pools and a fitness center, all just steps from the sugar-white sands of Panama City Beach.
Location is truly one of this property's greatest assets. You're within easy walking distance of Pier Park, Panama City Beach's premier destination for shopping, dining, entertainment, movies, and more, as well as the Russell-Fields City Pier. The new Topgolf entertainment venue is also just steps away.
Whether you're looking for a personal beach getaway, a second home, or a highly desirable vacation rental, this condo delivers. Fly into Panama City Beach, rideshare to Calypso, settle in on the beach, and walk to Pier Park for dinner, shopping, entertainment, and more--no car required.
Beautifully maintained, thoughtfully upgraded, Gulf-front, and ideally positioned near everything Panama City Beach has to offer, Calypso Tower I 1-402 deserves a place at the top of your must-see list.
For sale
$679,000
15817 Front Beach Rd Unit 402, Panama City Beach, FL 32413
2beds
1,223sqft
Condominium
Built in 2006
-- sqft lot
$648,200 Zestimate®
$555/sqft
$1,013/mo HOA
What's special
Prime beachfront locationBeautifully updatedSoft coastal paint colorsBreathtaking gulf viewsStunning emerald coast viewsGenerous gulf-front primary suiteAbundant wrap-around cabinetry
- 36 days
- 108
- 5
Zillow last checked:
Listing updated:
Listed by:
John L Smith 850-830-9096,
Distinctive Beach Real Estate
Source: CPAR,MLS#: 794684
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Living Room, Primary Bedroom
Primary bedroom
- Description: Length includes walk-in closet
- Level: First
- Dimensions: 20.2 x 11.4
Bedroom
- Description: Guest Bedroom
- Level: First
- Dimensions: 12.5 x 11.3
Living room
- Description: Living/Dining Combined
- Level: First
- Dimensions: 20.6 x 13.1
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven, Electric Water Heater
Features
- Balcony, Double Vanity, Main Level Primary, Tub Shower, Walk-In Closet(s)
Interior area
- Total structure area: 1,223
- Total interior livable area: 1,223 sqft
Property
Parking
- Total spaces: 2
- Parking features: Parking Lot
- Garage spaces: 2
Features
- Patio & porch: Balcony
- Pool features: In Ground, Community
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Gulf, Shoreline - Sand
Details
- Parcel number: 33802200029
- Zoning description: Resort
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, High Speed Internet Available
Community & HOA
Community
- Features: Beach, Clubhouse, Elevator, Fitness Center, Pool, Waterfront, Community Pool, Short Term Rental Allowed
- Security: Building Security, Fire Sprinkler System, Secured Garage/Parking, Fire Alarm, Smoke Detector(s), Security Service
- Subdivision: Calypso Towers I
HOA
- Has HOA: Yes
- Amenities included: Beach Rights
- Services included: Association Management, Clubhouse, Cable TV, Fitness Facility, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Security, Trash, Water
- HOA fee: $3,039 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $555/sqft
- Tax assessed value: $688,500
- Annual tax amount: $8,646
- Date on market: 8/27/2026
Estimated market value
$648,200
$616,000 - $681,000
$3,660/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $679,000-13.5%$555/sqft |
Source: | ||
| 12/6/2023 | Sold | $785,000-4.8%$642/sqft |
Source: | ||
| 11/27/2023 | Contingent | $825,000$675/sqft |
Source: | ||
| 11/24/2023 | Listed for sale | $825,000+129.2%$675/sqft |
Source: | ||
| 5/12/2015 | Sold | $360,000-16.3%$294/sqft |
Source: Public Record Report a problem | ||
| 5/11/2006 | Sold | $430,000$352/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,646 +2.5% | $688,500 +2.5% |
| 2024 | $8,432 +15.4% | $671,500 +38.9% |
| 2023 | $7,310 +26.7% | $483,395 +10% |
| 2022 | $5,769 | $439,450 |
| 2021 | -- | -- |
| 2020 | $4,744 +8.2% | $395,973 +10% |
| 2019 | $4,385 | $359,975 +10% |
| 2018 | $4,385 +9.9% | $327,250 +2.7% |
| 2017 | $3,989 +10.3% | $318,750 +2.5% |
| 2016 | $3,618 -0.8% | $311,100 +1.7% |
| 2015 | $3,648 | $306,000 +8.2% |
| 2014 | $3,648 | $282,838 +10% |
| 2013 | -- | $257,125 +10% |
| 2012 | -- | $233,750 -11.7% |
| 2011 | -- | $264,590 |
| 2010 | -- | $264,590 -5% |
| 2009 | -- | $278,516 -10.2% |
| 2008 | -- | $310,314 -15% |
| 2007 | -- | $365,075 +747.9% |
| 2006 | -- | $43,058 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32413
Nearby schools
Schools provided by the listing agent
- Elementary: Hutchison Beach
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







