Welcome to Calypso Tower III which presents a compelling investment opportunity, along with one of the best views of the gulf, from one of Panama City Beach's most sought-after beachfront locations, just steps from Pier Park and provides direct Gulf access. This spacious floor plan is designed to comfortably sleep six. The unit features a primary king suite, custom-built hall bunks, and a sleeper sofa, maximizing occupancy potential while maintaining livability. Two full bathrooms adds significant functional value, supporting premium nightly rates.
From its elevated 20th-floor vantage point, enjoy front-row views of the Pier Park pier, where seasonal holiday fireworks illuminate the sky over the Gulf, creating a spectacular backdrop from your oversized private balcony. Offered fully furnished and turnkey, this property is positioned for immediate summer rentals , with no additional setup required.
Quartz countertops in the kitchen and bathrooms, custom light fixtures, custom window treatments and wainscoting throughout elevate the interior beyond typical builder-grade finishes, creating a differentiated product within a competitive short-term rental market. The open-concept kitchen, complete with GE stainless steel appliances, appeals to families and extended-stay guests, broadening its rental audience.
Completed in 2020, Tower III offers modern construction and newer systems, helping mitigate near-term capital expenditure concerns often associated with older beachfront buildings. Resort-style amenities, including a seasonally heated zero-entry pool, hot tub, fire pit, fitness center, tiki bars, rentable cabanas, on-site dining, and deeded beach access approximately 400 feet away enhance guest experience and drive repeat bookings. The property's five-minute walk to Pier Park, with its dining, shopping, entertainment venues, Top Golf, SkyWheel, movie theater, and family attractions, further strengthens occupancy performance and seasonal rate potential.
With six-person occupancy, two full baths, 20th-floor Gulf views, and its' premier location, this residence is strategically positioned to capture strong rental demand while offering long-term appreciation potential along the Florida Gulf Coast.
Golden hour, elevated! The views from this unit are stunning and delivers front-row seats to breathtaking sunsets that melt into the horizon night after night. Coastal luxury meets sky-high serenity... this is where every evening feels like a private show!
For sale
Price cut: $5K (6/27)
$414,900
15928 Front Beach Rd #32005, Panama City Beach, FL 32413
1beds
1,103sqft
Condominium
Built in 2020
-- sqft lot
$400,400 Zestimate®
$376/sqft
$-- HOA
What's special
Direct gulf accessHot tubSeasonally heated zero-entry poolSpacious floor planCustom light fixturesCustom window treatmentsTiki bars
- 59 days |
- 53 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
MELINDA Azar,
EXP Realty LLC
Source: CPAR,MLS#: 789266
Originating MLS: Central Panhandle Association of REALTORS
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Dining Room, Full Bath, Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
- Level: First
- Dimensions: 11 x 128
Primary bathroom
- Level: First
- Dimensions: 77 x 97
Other
- Level: First
- Dimensions: 166 x 69
Dining room
- Level: First
- Dimensions: 152 x 57
Foyer
- Level: First
- Dimensions: 81 x 37
Other
- Level: First
- Dimensions: 411 x 97
Kitchen
- Level: First
- Dimensions: 98 x 1,310
Living room
- Level: First
- Dimensions: 152 x 111
Other
- Features: Balcony
- Level: First
- Dimensions: 95 x 167
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater, Ice Maker
- Laundry: Stacked
Features
- Main Level Primary, Entrance Foyer
Interior area
- Total structure area: 1,103
- Total interior livable area: 1,103 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Patio & porch: Balcony
- Pool features: Electric Heat, In Ground, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Details
- Additional structures: Cabana
- Parcel number: 33802220207
- Zoning description: Resid Multi-Family
- 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
- Roof: Flat
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available
Community & HOA
Community
- Features: Beach, Elevator, Pool, Shopping, Community Pool, Short Term Rental Allowed
- Security: Fire Sprinkler System
- Subdivision: Calypso Towers III
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Spa/Hot Tub
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $376/sqft
- Tax assessed value: $416,500
- Annual tax amount: $4,448
- Date on market: 6/27/2026
- Cumulative days on market: 60 days
- Electric utility on property: Yes
Estimated market value
$400,400
$380,000 - $420,000
$3,010/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Price change | $414,900-1.2%$376/sqft |
Source: | ||
| 5/15/2026 | Pending sale | $419,900$381/sqft |
Source: | ||
| 3/27/2026 | Listed for sale | $419,900-2.1%$381/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $429,000$389/sqft |
Source: | ||
| 9/2/2025 | Price change | $429,000-2.3%$389/sqft |
Source: | ||
| 6/17/2025 | Listed for sale | $439,000$398/sqft |
Source: | ||
| 6/13/2025 | Listing removed | $439,000$398/sqft |
Source: | ||
| 4/11/2025 | Listed for sale | $439,000-12%$398/sqft |
Source: | ||
| 11/4/2024 | Listing removed | $499,000$452/sqft |
Source: | ||
| 5/10/2024 | Listed for sale | $499,000$452/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,081 +4.1% | $371,546 +10% |
| 2023 | $4,880 +46.1% | $337,769 +10% |
| 2022 | $3,339 | $307,063 |
| 2021 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32413
Nearby schools
GreatSchools rating
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 1.4 mi
- 8/10Hutchison Beach Elementary SchoolGrades: K-5Distance: 2.5 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 3.6 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Bay County
- Panama City Beach
- 32413
- 15928 Front Beach Rd Unit 32005
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Panama City Beach Topics
- Apartments for Rent in 32413
- Houses for Sale in 32413
- Houses for Rent in 32413
- 32413 Real Estate
- Panama City Beach Condos
- Houses for Sale in Panama City Beach
- Newest Listings in Panama City Beach
- Panama City Beach Home Values
- Panama City Beach Real Estate Agents
- Panama City Beach Refinance
- Panama City Beach Mortgage Rates








