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 cafe/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!
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 14' x 12'
- Bedroom 1 Dimensions: 11' x 11'
- Bedroom 2 Dimensions: 13' x 12'
- Primary Bedroom Level: First
- Bedroom 1 Level: First
- Bedroom 2 Level: First
- Primary Bedroom Description: approx
- Bedroom 1 Description: approx
- Bedroom 2 Description: approx
Other Rooms
- Total Rooms: 4
- Family Room Dimensions: 20' x 13'
- Family Room Level: First
- Family Room Description: approx
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- ElectricRange
- ElectricWaterHeater
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central, Electric
- Heating: Yes
- Ceiling Fans: Yes
Interior Features
- Flooring: LuxuryVinylPlank
Pool and Spa
- Pool Features: Fenced, Gunite, ElectricHeat, InGround, Community
- Spa Features: Community
Manufactured and Mobile Info
Exterior and Lot Features
- Other Structures: Cabana
- Patio And Porch Features: Balcony
- Road Frontage Type: CityStreet
- Road Responsibility: PublicMaintainedRoad
Land Info
- Lot Description: Paved
- Lot Size Dimensions: 0x0
Garage and Parking
Home Features
- View: Gulf
- Security Features: FireSprinklerSystem, TwentyFourHourSecurity, FireAlarm, SmokeDetectors, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: SpaHotTub
- Senior Community: No
School Information
- Elementary School: Hutchison Beach
- High School: Arnold
- Middle School: Surfside
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Elevator, FitnessCenter, Pool, Shopping, CommunityPool, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 6887
- Source Listing Status: Active
- County: Bay
- Directions: From Panama City Beach Pkwy turn South onto Powell Adams Rd. At the end of the street take a right on Front Beach Rd. Calypso Tower III will be on your right.
- 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 III
- Parcel Number: 33802-220-241
- Postal City: Panama City Beach
- State Region: FL
- Subdivision: Calypso Towers III
- Zoning Description: Resid Multi-Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 2020
- Building Area Total: 1563
- Building Features: Dumpster
- Living Area Source: Appraiser
- Property Age: 6
- Architectural Style: HighRise
Utilities
- Sewer: PublicSewer
- CableConnected
- ElectricityAvailable