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Harrison Lilly

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

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15928 Front Beach Rd Unit 32005 , Panama City Beach, FL 32413
$414,900
Est. Payment: $2,104.29/mo
1 Bed
2 Bath
1103 Sqft
Status: active | Days on site: 110
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

**MOTIVATED SELLER** 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!

Highlights

Listed by MELINDA Azar , EXP Realty LLC , 888-883-8509. 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

789266

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Washer/Dryer Stacked, Electric Range, Electric Water Heater, Ice Maker
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Main Level Primary, Entrance Foyer

Exterior Features

Lot Dimensions:0x0
Zoning:Resid Multi-Family
Roof:Flat
Sewer:Public Sewer
Principal Interest
$2,104
Taxes
$371
HOA
$850

Home Price

$414,900

Loan Details

30 yrs
6.529%

Down Payment

20%
$82,980
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:
$2,104.29

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,104.29 $370.67 $849.80 $3,324.76
Yearly $25,251.53 $4,448.00 $10,197.60 $39,897.13
Total $757,546.03 $133,440.00 $305,928.00 $1,196,914.03

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS