Calypso Condos for Sale in Panama City Beach
Three-tower resort near Pier Park with a range of unit types and vintages.
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Calypso Condos Currently for Sale
Opportunity
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.
44 condos are currently for sale at Calypso, priced from $389,900 to $1,165,000. HOA dues run $695.40–$1,728/month. Units available on floors 2–23.
About Calypso
Calypso is a three-tower resort directly adjacent to Pier Park, holding approximately 646 units total. All three towers are 23 stories. Tower I and Tower II each hold 198 units and were completed in 2006 — they share one HOA association. Tower III holds approximately 250 units, was completed in 2020 with updated finishes and its own lazy river, and has its own separate HOA association. The resort's size means more resale inventory is typically available here than in smaller buildings, giving buyers a wider selection of units and price points.
Amenities
- Gulf-front pool deck
- Lazy river (Tower III)
- Hot tubs
- Fitness center
- Covered parking
- Tiki bar
- On-site management
Calypso Unit Types & Sizes
| Unit Type | Size | Notes |
|---|---|---|
| Studio | 350–400 sq ft | Lock-out capable |
| 1 Bedroom / 1 Bath | 520–640 sq ft | Gulf-front, standard layout |
| 1 Bedroom / 2 Bath | 680–750 sq ft | Bunk nook, sleeps 6 |
| 2 Bedroom / 2 Bath | 960–1,150 sq ft | Corner and interior layouts |
| 3 Bedroom / 3 Bath (Tower III) | up to ~2,117 sq ft | Rare newer Tower III end units — only ~22 of this kind in the tower |
Calypso HOA Fees & What They Cover
Calypso has two HOA associations: Towers I & II share one association (Calypso Towers Resort Community Association), while Tower III has its own separate association. Fees, coverage, current reserve funding, and any pending assessments vary by association and unit — confirm directly with the HOA (or ask Doug) which association governs a specific unit and its current dues before making an offer. See the live listings above for unit-specific pricing.
See current dues in live listings →Calypso Rental Income & Investment Data
Rental Program
Rental policies — including any minimum-stay requirements — are set by the associations and can change. Confirm current rental rules with Doug or the HOA before assuming a short-term rental use is allowed.
Peak Season
Like most PCB gulf-front buildings, demand is strongest March–August; the Pier Park-adjacent location supports steady interest year-round.
Studios and 1-bedroom units with bunk nooks (sleeps 6) are popular unit types for buyers considering rental income. Rental income potential varies by tower, unit, and management — ask for actual rental history on a specific unit rather than relying on building-wide estimates.
Where Is Calypso?
15817 Front Beach Rd, Panama City Beach, FL 32413
Beach Access: Towers I and II sit directly on the Gulf with private beach access. Tower III is across Front Beach Rd from the beach, so reaching the sand from there means crossing the road.
Nearby
- Pier Park (adjacent)
- Aaron Bessant Amphitheater (0.2 mi)
- Frank Brown Park (0.8 mi)
- Northwest Florida Beaches International Airport (10 mi)
Calypso FAQ
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What are HOA fees at Calypso and what do they cover?
When was Calypso built and how many units does it have?
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