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.
Property Features
Other Rooms
- Total Rooms: 7
- Other Dimensions: 24.1' x 5.6'
- Other Level: First
- Other Features: Balcony
- Laundry Dimensions: 8.1' x 6.3'
- Laundry Level: First
- Living Room Dimensions: 13' x 16'
- Living Room Level: First
Appliances
- ElectricOven
- ElectricRange
- ElectricWaterHeater
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 11.6' x 15.9'
- Primary Bedroom Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
- Primary Bathroom Dimensions: 9.11' x 10.6'
- Bathroom 1 Dimensions: 5.4' x 5.2'
- Primary Bathroom Level: First
- Bathroom 1 Level: First
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central, Electric
- Heating: Yes
Interior Features
- Flooring: LuxuryVinylPlank
Kitchen and Dining
- Kitchen Dimensions: 8.1' x 9.5'
- Kitchen Level: First
Pool and Spa
Manufactured and Mobile Info
Exterior and Lot Features
- Patio And Porch Features: Balcony
Garage and Parking
- Garage Spaces: 2
- Parking Features: CommunityStructure
Land Info
- Lot Size Dimensions: CONDO
Home Features
- View: Gulf
- Security Features: BuildingSecurity, FireSprinklerSystem
Homeowners Association
- Association: Yes
- Association Amenities: PicnicArea
School Information
- Elementary School: Hutchison Beach
- High School: Arnold
- Middle School: Surfside
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Beach, FitnessCenter, Pool, Shopping, Waterfront, CommunityPool, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 5490
- Source Listing Status: Active
- County: Bay
- Directions: From Highway 79 and Front Beach Road, go EAST on Front Beach Road, past Pier Park. Calypso is the first gulf front condominium past Pier Park.
- Tax Year: 2025
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0318 - Beach - Central South
- Source Neighborhood: Calypso Towers I
- Parcel Number: 33802-200-194
- Postal City: Panama City Beach
- State Region: FL
- Subdivision: Calypso Towers I
- Zoning Description: Resid Multi-Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 2006
- Building Area Total: 798
- Living Area Source: Appraiser
- Property Age: 20
- Architectural Style: HighRise
Utilities
- CableConnected
- ElectricityAvailable