Calypso Tower III is the newest condominium on the Panama City Beach skyline. This beautiful building is at least a dozen years newer than its competitors and represents a modern standard of coastal living that is both sophisticated and highly functional. This eighth-floor unit sits at the ideal elevation to capture sweeping sunset views of the Gulf of Mexico, providing a front-row seat to the blue waters from the privacy of your expansive balcony. The interior is intelligently designed to sleep up to six guests with one-bedroom plus a dedicated bunk nook and two full bathrooms, a versatile layout that has already proven its value with $35,000 in annual generated income.
The amenities at Tower III rival a luxury resort, centered around a massive zero-entry pool and a high-end fitness center. Location remains the property's greatest asset, situated within easy distance to the premier shopping and dining at Pier Park and Top Golf as well as the event grounds for popular events like Gulf Coast Jam. This building is also notably accommodating for pet owners, providing a rare opportunity to own a residence just steps away from the public dog beach. Whether you are looking for a turnkey investment with a strong track record or a personal sanctuary, this condo offers a refined lifestyle in the heart of Panama City Beach.
For sale
Price cut: $2K (9/16)
$397,900
15928 Front Beach Rd #3-803, Panama City Beach, FL 32413
1beds
1,103sqft
Condominium
Built in 2020
-- sqft lot
$385,700 Zestimate®
$361/sqft
$850/mo HOA
What's special
Eighth-floor unitMassive zero-entry poolExpansive balcony
- 28 days
- 389
- 27
Zillow last checked:
Listing updated:
Listed by:
The Beninateam 706-615-5336,
Beachy Beach Real Estate
Source: CPAR,MLS#: 795077
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 14 x 12
Primary bathroom
- Level: First
- Dimensions: 13 x 12
Kitchen
- Level: First
- Dimensions: 9 x 8
Living room
- Level: First
- Dimensions: 17 x 15
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Oven, Electric Range, Electric Water Heater
- Laundry: Stacked
Features
- Main Level Primary, Shower Only
Interior area
- Total structure area: 1,103
- Total interior livable area: 1,103 sqft
Property
Parking
- Parking features: Gated
Features
- Patio & porch: Balcony
- Pool features: Gunite, Electric Heat, In Ground, Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Features: Sprinkler System
Details
- Additional structures: Cabana
- Parcel number: 33802220073
- 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
Materials
- Concrete, Stucco
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available
Community & HOA
Community
- Features: Elevator, Park, Pool, Shopping, Community Pool, Short Term Rental Allowed
- Security: Fire Sprinkler System, 24 Hour Security, Fire Alarm, Smoke Detector(s), Security Service
- Subdivision: Calypso Towers III
HOA
- Has HOA: Yes
- Amenities included: Spa/Hot Tub
- Services included: Cable TV, Fitness Facility, Insurance, Internet, Legal/Accounting, Pest Control, Pool(s), Sewer, Security, Trash, Water
- HOA fee: $850 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $361/sqft
- Tax assessed value: $335,750
- Annual tax amount: $4,314
- Date on market: 9/5/2026
- Cumulative days on market: 223 days
- Electric utility on property: Yes
Estimated market value
$385,700
$366,000 - $405,000
$3,783/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Price change | $397,900-0.5%$361/sqft |
Source: | ||
| 9/5/2026 | Listed for sale | $399,900$363/sqft |
Source: | ||
| 9/1/2026 | Listing removed | $399,900$363/sqft |
Source: | ||
| 8/3/2026 | Price change | $399,900-1.3%$363/sqft |
Source: | ||
| 7/19/2026 | Price change | $405,000-2.4%$367/sqft |
Source: | ||
| 5/6/2026 | Price change | $415,000-2.4%$376/sqft |
Source: | ||
| 2/18/2026 | Listed for sale | $425,000-11.3%$385/sqft |
Source: | ||
| 7/3/2025 | Listing removed | $479,000$434/sqft |
Source: | ||
| 1/3/2025 | Listed for sale | $479,000-2.2%$434/sqft |
Source: | ||
| 2/3/2023 | Sold | $490,000$444/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,448 -16.6% | $335,750 -19.4% |
| 2024 | $5,333 +9.3% | $416,500 +23.3% |
| 2023 | $4,880 +46.1% | $337,769 +10% |
| 2022 | $3,339 | $307,063 |
| 2021 | -- | -- |
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.








