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Harrison Lilly Team

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

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15928 Front Beach Road 3-803 , Panama City Beach, FL 32413
$397,900
Est. Payment: $2,198.34/mo
1 Bed
2 Bath
1103 Sqft
Status: Active | Days on site: 16
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Harrison Lilly Team
Owner/Operator

House Description

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.

Highlights

Listed by The Beninateam , 706-615-5336 Beachy Beach Real Estate , 850-532-6262. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

849.8 Monthly

Year Built

2020

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Calypso Towers III

Listing ID

795077

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Washer/Dryer Stacked, Electric Oven, Electric Range, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Main Level Primary, Shower Only

Exterior Features

Lot:Sprinkler System
Lot Dimensions:0x0
Zoning:Resort
Sewer:Public Sewer
Parking Features:Gated
Principal Interest
$2,198
Taxes
$360
HOA
$850

Home Price

$397,900

Loan Details

30 yrs
7.374%

Down Payment

20%
$79,580
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:
$2,198.34

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,198.34 $359.54 $849.80 $3,407.68
Yearly $26,380.08 $4,314.45 $10,197.60 $40,892.13
Total $791,402.47 $129,433.50 $305,928.00 $1,226,763.97

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: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS