$467,500
Reduced $31,500 from the original list price of $499,000
Gulf front · Fully furnished · Short-term rental allowed
Gulf and water view · community parking structure parking · Currently tenant-occupied
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.
Interior Features: Balcony, Double Vanity, Main Level Primary, Soaking Tub, Separate Shower
Appliances: Electric Oven, Electric Range, Electric Water Heater
Association Amenities: Picnic Area
Pool: Community
Security: Building Security, Fire Sprinkler System
Heating: Central, Electric
Cooling: Central Air
Architectural Style: High Rise
Square Footage Source: Appraiser
Listed by Alice de La Penha, Coldwell Banker Realty · alice.delapenha@cbrealty.com
