Prime Investment Opportunity: Luxury Condo at Calypso Beach ResortDiscover the incredible potential of this gulf-front condo in Tower 3 at Calypso Beach Resort--perfectly positioned to deliver impressive returns for savvy investors. Built in 2020, this one-bedroom, two-bathroom condo comes fully furnished and is rental-ready, offering an excellent opportunity for both short-term vacation rentals and long-term growth.With built-in bunks and a sleeper sofa in the living room, this unit comfortably sleeps up to six guests, making it ideal for attracting vacationers looking for a high-quality experience in Panama City Beach. The light, bright interior features beautiful wood-look LVP flooring, a shiplap accent wall in the bedroom, and an updated kitchen with stainless steel appliances, fresh blue cabinetry, subway tile backsplash, and quartz countertops.The spacious breakfast bar is perfect for entertaining or enjoying meals with up to four guests. Plus, a stackable washer/dryer adds extra convenience for both residents and renters. The floor-to-ceiling sliding glass doors offer breathtaking gulf views that extend even further from the large, curved balcony, which is ideal for relaxing or entertaining while watching stunning sunsets.This condo is situated in a resort-style community that offers a wealth of amenities, including a full-service restaurant, private cabanas, a zero-entry pool, a fully equipped fitness center, and easy access to the beach for morning walks or bike rides. Investors will appreciate the ongoing demand for properties in this area, with nearby attractions such as Shipwreck Island Water Park and Pier Park, which offer shopping, dining, and entertainment for all ages.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- Dryer
- Microwave
- Refrigerator
- Washer
Other Rooms
- Kitchen, LivingRoom
- Living Room Dimensions: 17 x 15
- Living Room Level: First
Heating and Cooling
- Cooling Features: CeilingFans, Electric
Kitchen and Dining
- Kitchen Dimensions: 9 x 8
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony
Pool and Spa
Waterfront and Water Access
Land Info
- Lot Description: Waterfront
- Lot Size Dimensions: irregular
Homeowners Association
- Association: Yes
- Association Fee: 644
- Association Fee Frequency: Monthly
- Association Fee Includes: AssociationManagement, Clubhouse, CableTv, Internet, LegalAccounting, Pools, Water
- Calculated Total Monthly Association Fees: 644
School Information
- Elementary School: Hutchison Beach
- High School: Arnold
- Middle School: Surfside
Amenities and Community Features
- Community Features: ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 5333
- Source Listing Status: Active
- County: Bay
- Directions: From the intersection of Hwy 79 south and Front Beach Road, travel one mile east. Calypso Tower III is located just past the entrance to Pier Park and adjacent to the construction of the Embassy Suites Hotel and Conference Center.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0320 - Beach - Middle Central
- Source Neighborhood: Calypso Towers III
- Parcel Number: 33802-220-205
- Postal City: Panama City Beach
- Property Location: Waterfront
- Subdivision: Calypso Towers III
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 932
- Year Built: 2020
- Entry Level: 20
- Living Area Source: Appraiser
- Property Age: 5
- House Style: HighRise
- Architectural Style: HighRise
Utilities
Home Features
- Security Features: BuildingSecurity