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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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15817 Front Beach Road 1-2305 , Panama City Beach, FL 32413
$467,500
Est. Payment: $2,582.87/mo
1 Bed
2 Bath
798 Sqft
Status: Active | Days on site: 255
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BSA2 - B1541,B4277
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Harrison Lilly Team
Owner/Operator

House Description

PENTHOUSE, NOT JUST IN NAME—THIS ONE SITS AT THE TOP OF CALYPSO TOWER 1. Unit 2305 occupies the highest position in the building, offering elevated views of the Gulf of America and west-facing sunsets over Panama City Beach. This 1-bedroom, 1.5-bathroom condo features balcony access from both the living area and the bedroom, creating a seamless indoor-outdoor connection at the penthouse level. Soaring 10-12 ft ceilings enhance the sense of volume and openness, while abundant natural light highlights the thoughtful layout and modern finishes throughout. Solid tile flooring provides durability and easy maintenance, supporting a true coastal lifestyle. Calypso Resort & Towers offers a full suite of amenities including an onsite general store, multiple pools with loungers, a fitness center, elevators, and a seasonal tiki bar and grill. Pier Park and Aaron Bessant Park are close by, placing shopping, dining, events, and entertainment within immediate reach. Nearby attractions include Topgolf Panama City Beach, McGuire's Irish Pub, and Dolly Parton's Pirates Voyage Dinner & Show, with convenient access to Northwest Florida Beaches International Airport. The condo is currently operating on VRBO with strong rental performance, making it well-suited for personal use, short-term rental income, or a hybrid approach. Positioned above it all—literally—this penthouse delivers privacy, views, and location advantages that continue to define Calypso Tower 1 as one of Panama City Beach's most recognizable Gulf-front addresses. All information is deemed reliable but not guaranteed; buyer to verify if important.

Highlights

Listed by Alice de La Penha , 850-771-3150 and Sean P Casilli , 850-771-7731 Coldwell Banker Realty , 850-234-6696. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

2086.2 Quarterly

Year Built

2006

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Calypso Towers I

Listing ID

783625

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:1
  • ▪ 1/2 Bathrooms:1
Appliances:Electric Oven, Electric Range, Electric Water Heater
Air Cond:Central Air
Fireplaces:
Floor:Plank,Vinyl
Other:
  • ▪ Additional:Balcony, Double Vanity, Main Level Primary, Soaking Tub, Separate Shower

Exterior Features

Lot Dimensions:CONDO
Zoning:Resid Multi-Family
Parking Features:Community Structure
Principal Interest
$2,583
Taxes
$458
HOA
$2,086

Home Price

$467,500

Loan Details

30 yrs
7.374%

Down Payment

20%
$93,500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,582.87

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,582.87 $457.50 $2,086.20 $5,126.57
Yearly $30,994.44 $5,490.00 $25,034.40 $61,518.84
Total $929,833.26 $164,700.00 $751,032.00 $1,845,565.26

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T05:07:46.000Z

© 2026 Bay County Association of REALTORS