Exclusive Top-Floor Penthouse at Calypso Resort Tower III - Unmatched Views & Location in Panama City Beach!
Experience unparalleled luxury in this rare 3-bedroom, 2-bath penthouse crowning Calypso Tower III (completed 2021). Spanning 1,563 sq ft of luxurious living space with soaring 10-foot ceilings, this elevated retreat delivers breathtaking, unobstructed Gulf of Mexico views from your expansive private balcony—on clear days, enjoy panoramic sights stretching miles down the coast toward Destin!
Step out of the building and you're immersed in the heart of Pier Park, PCB's most sought-after destination for shopping, dining, live entertainment, concerts, the iconic fishing pier, and family fun—all within easy walking distance.
This fully turnkey gem boasts modern, elegant furniture throughout, making it ready for immediate occupancy or the busy summer rental season. With an outstanding proven rental history, it's the ideal investment property in one of the area's hottest locations.
Enjoy resort-style amenities including a massive zero-entry heated pool, hot tub, fire pits, fitness center, on-site café/tiki bar, cabana rentals, 24-hour security, covered parking, and more. HOA fees of $1,204.20/month cover comprehensive services like insurance, cable TV, trash, pest control, ground maintenance, security, water, and sewer.
This is currently the only 3-bedroom penthouse available in Tower III—a truly rare opportunity in this high-demand location. Don't let it slip away—schedule your private tour today and claim your panoramic piece of paradise!
For sale
$660,000
15928 Front Beach Rd #32302, Panama City Beach, FL 32413
3beds
1,563sqft
Condominium
Built in 2020
-- sqft lot
$632,900 Zestimate®
$422/sqft
$1,204/mo HOA
What's special
Top-floor penthouseHot tubCovered parkingFitness centerFire pitsExpansive private balcony
- 240 days
- 65
- 4
Zillow last checked:
Listing updated:
Listed by:
Oksana F Hobbs 850-866-9179,
Keller Williams Success Realty
Source: CPAR,MLS#: 784635
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Family Room, Primary Bedroom
Primary bedroom
- Description: approx
- Level: First
- Dimensions: 14 x 12
Bedroom
- Description: approx
- Level: First
- Dimensions: 13 x 12
Bedroom
- Description: approx
- Level: First
- Dimensions: 11 x 11
Family room
- Description: approx
- Level: First
- Dimensions: 20 x 13
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Double Vanity, Main Level Primary, Walk-In Closet(s)
Interior area
- Total structure area: 1,563
- Total interior livable area: 1,563 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Patio & porch: Balcony
- Pool features: Fenced, Gunite, Electric Heat, In Ground, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Features: Paved
Details
- Additional structures: Cabana
- Parcel number: 33802220241
- 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
- Foundation: Pillar/Post/Pier
- Roof: Clay,Tile
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, Fitness Center, 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, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water
- HOA fee: $1,204 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $422/sqft
- Tax assessed value: $537,625
- Annual tax amount: $6,887
- Date on market: 2/3/2026
- Cumulative days on market: 241 days
- Electric utility on property: Yes
Estimated market value
$632,900
$601,000 - $665,000
$3,994/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Listed for sale | $660,000-17%$422/sqft |
Source:  CPAR #784635 Report a problem | ||
| 8/29/2023 | Listing removed | -- |
Source:  Engel & Volkers Report a problem | ||
| 7/26/2023 | Listed for sale | $794,900$509/sqft |
Source: Engel & Volkers #744339 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,887 -3% | $537,625 +4.6% |
| 2024 | $7,100 +0.6% | $514,148 +10% |
| 2023 | $7,059 +55.4% | $467,407 +10% |
| 2022 | $4,544 | $424,915 |
| 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.
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