15817 Front Beach Rd #1-2305, Panama City Beach, FL, 32413
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2006
Type & Style
- Home type: Condo
- Architectural style: High Rise
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Oven,Electric Range,Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Flooring: Luxury Vinyl Plank
Half Bath
- Level: First
- Dimensions: 5.4 x 5.2
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 798
- Total interior livable area: 798 sqft
Kitchen
- Level: First
- Dimensions: 8.1 x 9.5
Laundry
- Level: First
- Dimensions: 8.1 x 6.3
Living Room
- Level: First
- Dimensions: 13 x 16
Master Bathroom
- Level: First
- Dimensions: 9.11 x 10.6
Master Bedroom
- Level: First
- Dimensions: 11.6 x 15.9
Other
- Features: Balcony
- Level: First
- Dimensions: 24.1 x 5.6
Property
Details
- Parcel number: 33802200194
- Attached to another structure: Yes
- Zoning description: Resid Multi-Family
Features
- Pool features: Community
- Patio & porch: Balcony
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- On waterfront: Yes
- Waterfront features: Gulf
Lot
- Lot size dimensions: CONDO
Parking
- Total spaces: 2
- Parking features: Community Structure
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Cold Wave
- Heat Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,376 | $28,512 |
| Home Insurance * | $551 | $6,612 |
| Property Taxes | $231 | $2,772 |
| Electricity | $197 | $2,366 |
| Total | $3,355 | $40,260 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-29 | Price change | $470,000 |
| 2026-02-26 | Price change | $485,000 |
| 2026-01-13 | Listed for sale | $499,000 |
For Sale by Agent
View on Zillow