Calypso Towers III Homes under $500,000

Calypso Towers III Homes under $500,000

Welcome to Calypso Towers III, a stunning subdivision nestled in the heart of Panama City Beach, Florida. This vibrant community offers a unique blend of luxury and affordability, making it an ideal destination for both first-time homebuyers and seasoned investors alike. With homes priced under $500,000, Calypso Towers III presents an incredible opportunity to own a slice of paradise without breaking the bank.

As you explore this picturesque area, you'll be captivated by the breathtaking views of the Gulf of Mexico and the soft, powdery sands that have made Panama City Beach a beloved vacation spot. The subdivision features modern, well-appointed homes that are perfect for enjoying the coastal lifestyle. Each residence is thoughtfully designed to maximize comfort and style, ensuring that you feel right at home from the moment you step through the door.

In addition to its stunning properties, Calypso Towers III boasts an array of amenities that cater to your every need. Residents can take advantage of the sparkling community pool, fitness center, and easy access to the beach, making it simple to immerse yourself in the sun-soaked lifestyle that Florida is known for. The nearby dining and shopping options also make it convenient to enjoy the local culture and cuisine.

Whether you're looking for a vacation getaway or a year-round residence, Calypso Towers III offers the perfect combination of comfort, convenience, and coastal charm. Don't miss your chance to be part of this thriving community where your dream home awaits!

Newest Calypso Towers III Homes under $500,000

15928 Front Beach Road Unit 1505, Panama City Beach
$399,999
1 Beds ⋅ 2 Baths ⋅ 795160 MLS
Just steps from the beach and offering gulf views from its private balcony, this professionally designed and thoughtfully updated 1BR+BUNKS/2BA condo in Calypso Tower 3 brings together an easygoing beach lifestyle, contemporary interiors, and the convenience of one of Panama City Beach's most walkable resort locations. Completed in 2021, Tower 3 remains the most recently built high-rise resort in the area, while its location puts the beach, Pier Park, and some of the area's most popular dining, shopping, and entertainment within easy reach. The condo has generated $32,500 in booked rental revenue for 2025 and $46K in booked rental revenue for 2026 by the end of September. Inside, 9-ft ceilings, an open layout, and abundant natural light create a bright and airy feel, complemented by soothing coastal paint colors and quality modern finishes. LVP flooring throughout the living areas and bedrooms offers the look of hardwood with the durability and easy maintenance that make sense for a beach home, while tile flooring in the bathrooms provides a practical finish. The kitchen features quartz countertops, stainless steel appliances, subway tile, generous cabinetry, and a breakfast bar with seating for four. Shiplap detailing along the front of the bar adds a subtle coastal touch. Blackout shades add comfort when it's time to unwind. The primary bedroom offers a private bath with a glass-enclosed walk-in shower, while built-in twin bunk beds in the hallway provide additional sleeping space without taking away from the open living area. A second full bath with a tub/shower combination offers added privacy and convenience for guests, and a dedicated laundry closet with stacked washer and dryer keeps everyday essentials neatly tucked away. The 10-ft-wide balcony gives you room to settle in outdoors, enjoy the breeze, and take in the breathtaking views. New Polywood table and chairs provide comfortable, durable outdoor seating, while a custom 6-inch foam pad on the patio sun bed makes it easy to stretch out and stay awhile. Enjoy everything the resort has to offer with an array of amenities designed for relaxation and fun including a beachfront pool heated year-round, hot tub, tiki bar, fire pit, fitness center, covered parking, private beach walkover, and cabana rentals. Beyond the resort, Pier Park is right next door, with other restaurants, shopping, entertainment, and newer attractions like Topgolf and Dolly Parton's Pirates Voyage Dinner & Show all close by. With its newer construction, thoughtful updates, and beach-and-Pier Park location, this Calypso Tower 3 condo offers an easy way to enjoy the best of Panama City Beach and the Emerald Coast. See it for yourself today! ** Seller willing to accept offers in precious metals like gold or silver, full or partial metal and rest cash. **

15928 Front Beach Road Unit 1505, Panama City Beach
15928 Front Beach Road Unit 3-803, Panama City Beach
$397,900
1 Beds ⋅ 2 Baths ⋅ 795077 MLS
Calypso Tower III is the newest condominium on the Panama City Beach skyline. This beautiful building is at least a dozen years newer than its competitors and represents a modern standard of coastal living that is both sophisticated and highly functional. This eighth-floor unit sits at the ideal elevation to capture sweeping sunset views of the Gulf of Mexico, providing a front-row seat to the blue waters from the privacy of your expansive balcony. The interior is intelligently designed to sleep up to six guests with one-bedroom plus a dedicated bunk nook and two full bathrooms, a versatile layout that has already proven its value with $35,000 in annual generated income. The amenities at Tower III rival a luxury resort, centered around a massive zero-entry pool and a high-end fitness center. Location remains the property's greatest asset, situated within easy distance to the premier shopping and dining at Pier Park and Top Golf as well as the event grounds for popular events like Gulf Coast Jam. This building is also notably accommodating for pet owners, providing a rare opportunity to own a residence just steps away from the public dog beach. Whether you are looking for a turnkey investment with a strong track record or a personal sanctuary, this condo offers a refined lifestyle in the heart of Panama City Beach.

15928 Front Beach Road Unit 3-803, Panama City Beach
15928 Front Beach Road Unit 3-409, Panama City Beach
$389,900
1 Beds ⋅ 2 Baths ⋅ 794725 MLS
Enjoy beautiful ocean and pier views from this spacious 2-bedroom, 1-bath unit with approximately 1,000 square feet of living space. Step onto the impressive 200-square-foot balcony through sliding glass doors from both the primary suite and living room, creating the perfect spot to relax and enjoy the coastal scenery. The interior features tile flooring throughout, an eat-in kitchen, and a comfortable living room overlooking the ocean. The primary bathroom offers a stand-up shower and double vanities, while additional features include a walk-in closet, large laundry room, and private owner's closet. Enjoy the convenience of a weather-free location--park in the secure parking garage, take the elevator, and the unit is conveniently located just off the elevator with no need to venture outside. Enjoy access to the private beach and an incredible location within walking distance of Pier Park, shopping, dining, and entertainment. Priced to sell fast--don't miss this opportunity to own your piece of paradise!

15928 Front Beach Road Unit 3-409, Panama City Beach
15928 Front Beach Road Unit 3-510, Panama City Beach
$410,000
1 Beds ⋅ 2 Baths ⋅ 794178 MLS
Looking for a low-floor unit that avoids height concerns? This is the perfect choice for you. Welcome to an unparalleled coastal oasis at Calypso Tower III, where luxury meets the serene beauty of beachfront living. This one-of-a-kind 1-bedroom, 2-bathroom condo showcases exceptional design and high-end finishes, making it a truly remarkable find. Step inside to be captivated by the sophisticated ambiance, highlighted by shiplap accent walls at the kitchen bar, and custom-made bunkbed. Every detail has been meticulously curated, including high-end window treatments that enhance the elegance of the space while providing privacy and comfort. The custom-built bunk beds add a unique and functional touch, making this unit ideal for families and guests. Both bathrooms feature exquisite detailing, adding timeless charm that beautifully complements the overall coastal aesthetic. With premium finishes throughout, this condo is more than just a home--it's a statement of refined beachfront living. From the moment you enter, you'll appreciate the thoughtful design and luxurious touches that make this residence truly stand out. As a resident of Calypso Tower III, you'll enjoy an impressive lineup of amenities, including resort-style pools, a modern fitness center, on-site dining, and direct beach access, providing an enviable lifestyle just steps from the sand. Don't miss this opportunity to own an exceptional property that seamlessly blends luxury, comfort, and convenience in one of the most sought-after locations. Schedule your private showing today and experience the extraordinary allure of this beachfront gem.

15928 Front Beach Road Unit 3-510, Panama City Beach
15928 Front Beach Road Unit 3-509, Panama City Beach
$435,000
1 Beds ⋅ 2 Baths ⋅ 793692 MLS
Experience elevated Coastal style living and breathtaking gulf views from this beautiful 5th floor condo in Calypso Tower 3 the newest high-rise resort in Panama City Beach. This fully furnished 1 BR/2 BA retreat offers a west-facing vantage point with unobstructed views of the Coastline. Floor to ceiling glass doors fill the open concept kitchen and living areas with natural light and leads to a spacious balcony perfect for morning coffee, relaxing or fabulous sunsets! The gulf view primary suite features a slider glass door which opens directly to the balcony, large walkin shower ,double vanities and a large walkin closet. This meticulously maintained condo is offered fully furnished with beautiful coastal decor. The condo sleeps 4 comfortably - making it the perfect sized unit to ensure that it is booked year-round. Futhermore, it has a unique feature: only 22 units within the resort are located in a secure, enclosed area with protected elevator access to ensure your comfort on rainy days! VIEWS, LOCATION, AMENITIES and PRICE - this condo has it all! Outside tiki bar, cabanas, cafe, fitness center, large lagoon style pool, hot tub, direct beach access, and more. From day to night there is always something to do! If you don't want to drive, rest assured knowing that you are in the heart of it all the best that PCB has to offer. Pier Park features lots of shopping, dining and entertainment and nightlife! Steps away you fill find The iconic Ferris Wheel, Top Golf and Dolly Parton's Pirates Voyage and the ECP Airport is only a few minutes away. You'll also enjoy seasonal fireworks from your own balcony! If you are looking for a great investment, this condo offers everything you could ever dream of and so much more!!

15928 Front Beach Road Unit 3-509, Panama City Beach
15928 Front Beach Road Unit 31608, Panama City Beach
$409,900
1 Beds ⋅ 2 Baths ⋅ 792189 MLS
Experience coastal living at its finest in this stunning one-bedroom, two-bath condominium in Calypso Tower III, the newest high-rise in Panama City Beach. Thoughtfully designed this beautiful condo offers the perfect blend of comfort, style, and functionality, making it an ideal vacation getaway, investment property, or full-time residence. Step onto your private balcony and take in breathtaking panoramic views of the emerald-green Gulf of Mexico, where every sunrise and sunset creates a picture-perfect backdrop. From the comfort of your own balcony, enjoy front-row seats to Panama City Beach's spectacular Fourth of July and New Year's Eve fireworks displays. Located just steps from Pier Park, you'll have easy access to premier shopping, dining, entertainment, and the beach, while enjoying the exclusive amenities of the newest resort tower in PCB, including a resort-style pool, fitness center, hot tub, fire pit, and covered parking with convenient beach access via the pedestrian skybridge. Whether you're relaxing by the pool, strolling the sugar-white sands, or soaking in the incredible Gulf views, this exceptional condo offers the ultimate beach lifestyle.

15928 Front Beach Road Unit 31608, Panama City Beach
15928 Front Beach Road Unit 32005, Panama City Beach
$399,900
1 Beds ⋅ 2 Baths ⋅ 789266 MLS
*GOLDEN HOUR ELEVATED* From the 20th floor of Calypso Tower III, sweeping Gulf views and spectacular sunsets take center stage, with a front-row vantage point overlooking the Pier Park pier and seasonal fireworks lighting up the coastline. Step onto the oversized private balcony and you may quickly decide this is your favorite seat in Panama City Beach. Located in one of PCB's most sought-after resort destinations, this beautifully appointed condo combines an exceptional beach lifestyle with strong short-term rental appeal. Just a five-minute walk from Pier Park and approximately 400 feet from deeded beach access, owners and guests can enjoy the Gulf, dining, shopping and entertainment without ever needing to get in the car. Designed to comfortably accommodate six, the spacious floor plan includes a private king primary suite, custom-built hall bunks and a sleeper sofa, along with two full bathrooms, a feature that makes a noticeable difference when hosting family, friends or vacation guests. Inside, thoughtful upgrades set this residence apart from the typical rental condo. Quartz countertops in the kitchen and baths, custom lighting, custom window treatments and wainscoting throughout create a polished coastal feel, while the open-concept kitchen with GE stainless steel appliances keeps the space comfortable and functional for everything from a quick beach-day breakfast to dinner after sunset. Offered fully furnished and turnkey, the condo is ready to enjoy personally or place into a rental program with no additional setup required. Completed in 2020, Tower III also offers the benefit of newer construction and modern systems compared with many established beachfront properties in the area. Calypso Tower III delivers the resort experience buyers and vacationers are looking for, including a seasonally heated zero-entry pool, hot tub, fitness center, fire pit, tiki bars, rentable cabanas and on-site dining. And with Pier Park just steps away, Topgolf, the SkyWheel, movie theater, restaurants, shopping and family entertainment are all within easy reach. Whether you are looking for a Gulf Coast getaway, an income-producing vacation property, or a little of both, this 20th-floor residence delivers a combination that is increasingly hard to duplicate, unforgettable views, a premier location and the ability to walk from your door to some of the best of Panama City Beach. Coastal living meets sky-high serenity, where every sunset feels like your own private show.

15928 Front Beach Road Unit 32005, Panama City Beach
15928 Front Beach Road Unit 3-403, Panama City Beach
$415,300
1 Beds ⋅ 2 Baths ⋅ 782303 MLS
Looking for a low-floor unit that avoids height concerns? This is the perfect choice for you. Welcome to an unparalleled coastal oasis at Calypso Tower III, where luxury meets the serene beauty of beachfront living. This one-of-a-kind 1-bedroom, 2-bathroom condo showcases exceptional design and high-end finishes, making it a truly remarkable find. Step inside to be captivated by the sophisticated ambiance, highlighted by shiplap accent walls at the kitchen bar, and custom-made bunkbed. Every detail has been meticulously curated, including high-end window treatments that enhance the elegance of the space while providing privacy and comfort. The custom-built bunk beds add a unique and functional touch, making this unit ideal for families and guests. Both bathrooms feature exquisite detailing, adding timeless charm that beautifully complements the overall coastal aesthetic. With premium finishes throughout, this condo is more than just a home—it's a statement of refined beachfront living. From the moment you enter, you'll appreciate the thoughtful design and luxurious touches that make this residence truly stand out. As a resident of Calypso Tower III, you'll enjoy an impressive lineup of amenities, including resort-style pools, a modern fitness center, on-site dining, and direct beach access, providing an enviable lifestyle just steps from the sand. Don't miss this opportunity to own an exceptional property that seamlessly blends luxury, comfort, and convenience in one of the most sought-after locations. Schedule your private showing today and experience the extraordinary allure of this beachfront gem.

15928 Front Beach Road Unit 3-403, Panama City Beach
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