Coastal luxury in Panama City Beach's newest tower
Calypso Tower III stands as a modern addition to Panama City Beach's skyline, offering 250 luxury condominiums across 22 stories. Completed in 2021 by Mimosa Capital, this beachfront high-rise combines contemporary design with prime location, situated adjacent to the vibrant Pier Park entertainment complex. The tower's sleek exterior showcases stunning views of the Gulf of Mexico, while its proximity to local attractions makes it an ideal retreat for those seeking both relaxation and adventure on Florida's Emerald Coast.
Versatile layouts with Gulf views and upscale finishes
Calypso Tower III offers a range of floor plans to suit various lifestyles, from cozy one-bedroom units to spacious four-bedroom residences. The one-bedroom configurations span from 794 to 1,182 square feet, featuring one to two bathrooms and selling from $335,000 to $815,000. These units often include built-in hallway bunks, maximizing sleeping capacity for guests.
Three-bedroom units, ranging from 1,084 to 2,117 square feet with two to three bathrooms, are priced between $436,989 and $984,241. These larger residences typically boast wraparound balconies, providing panoramic Gulf and city views. The most expansive offerings are the four-bedroom units, approximately 2,300 square feet with four bathrooms, selling around $730,000.
Throughout the tower, residences feature high-end finishes such as wide-plank European White Oak or Luxury Vinyl Plank (LVP) flooring, quartz countertops, and stainless steel appliances. Many units showcase custom touches like shiplap accents, upgraded light fixtures, and coastal-inspired decor. Kitchens often include stylish subway tile backsplashes and breakfast bars, while bathrooms may feature oversized walk-in showers with dual shower heads.
Large windows and sliding glass doors lead to private balconies, where residents can enjoy unobstructed views of the Gulf of Mexico, the Panama City Beach Pier, and the glittering lights of Pier Park. Select units offer additional amenities such as wet bars, custom built-in storage solutions, and smart home features.
Monthly HOA fees range from $600 to $1,700, covering a comprehensive list of services including management, cable TV, internet, insurance, ground maintenance, pest control, pool maintenance, security, and trash removal. These fees ensure residents can fully enjoy the building's extensive amenities and services without worry.
Resort-inspired amenities for year-round enjoyment
Calypso Tower III elevates the coastal living experience with an impressive array of amenities designed for relaxation and recreation. The centerpiece is a zero-entry, seasonally heated pool that changes colors, creating a mesmerizing atmosphere day and night. Surrounding the pool are private cabanas equipped with TVs and refrigerators, available for daily rental, offering a luxurious retreat from the Florida sun.
For those seeking refreshment, two tiki bars serve tropical cocktails poolside, while a fire pit provides a cozy gathering spot for evening socializing. Fitness enthusiasts will appreciate the state-of-the-art gym, featuring modern equipment and Gulf views.
The building's commitment to accessibility extends to the beach, with Mobi Chairs available for mobility on the sand, ensuring all residents can enjoy the shoreline. Deeded beach access guarantees convenient entry to the pristine white sands of Panama City Beach.
Inside, the Emerald Hub serves as a central point for various services and amenities. This multi-faceted space houses a full-service restaurant, coffee bar, ice cream shop, and gift store, catering to residents' daily needs without leaving the building. The Hub also offers food delivery services directly to individual units, perfect for those lazy beach days.
Security and convenience are prioritized with a gated, seasonally manned parking garage and six high-speed elevators ensuring swift access to all floors. On-site property management services are available to assist with maintenance needs and rental management for those using their units as investment properties.
The combination of these thoughtful amenities and services creates a resort-like atmosphere, allowing residents to enjoy a vacation lifestyle year-round while still feeling the comforts of home.
Vibrant coastal community with entertainment at your doorstep
Calypso Tower III enjoys a prime location in the heart of Panama City Beach's most dynamic area. The building's proximity to Pier Park, a sprawling outdoor shopping and entertainment complex, places residents within walking distance of over 250 retail stores, restaurants, and attractions.
Just steps away, the Russell-Fields Pier extends 1,500 feet into the Gulf, offering excellent fishing opportunities and stunning views of the coastline. The nearby Aaron Bessant Park hosts outdoor concerts and events throughout the year, including the popular Pepsi Gulf Coast Jam music festival.
Shopping options abound, with Pier Park featuring a mix of national retailers and local boutiques. Fashion enthusiasts can explore stores like Magnolia June and Irene & Co, both within a five-minute walk of the tower. For a more extensive shopping experience, Dillard's department store is less than a mile away.
Culinary options range from casual beachside eateries to upscale dining experiences. The Fresh Market, an upscale grocery store about a mile from the tower, provides gourmet ingredients for those who prefer to cook at home.
The neighborhood's blend of natural beauty and modern amenities creates a vibrant atmosphere that appeals to both permanent residents and vacationers. With the beach as a backdrop and entertainment options at every turn, Calypso Tower III sits at the epicenter of Panama City Beach's most desirable area.
Convenient access to regional transportation hubs
While Panama City Beach is primarily navigated by car, Calypso Tower III's location offers convenient access to various transportation options. The Northwest Florida Beaches International Airport is a mere 20-minute drive away, approximately 14 miles from the tower, providing easy connections for domestic and international travel.
For local exploration, the area around Calypso Tower III is primarily car-dependent, with some options for walking within the Pier Park complex. Many attractions, dining options, and shopping destinations are within reach, though a car may be necessary for comfortable access to some locations.
The building's parking garage offers secure storage for residents' vehicles, ensuring that when driving is necessary, it's as convenient as possible.
While public transportation options are limited in the immediate area, the tower's central location means that many of Panama City Beach's main attractions are within a short drive.
The combination of nearby attractions and easy access to regional transportation hubs makes Calypso Tower III an ideal base for both day-to-day living and broader exploration of Florida's Gulf Coast.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
4/ 10
Somewhat Bikeable
Bike Score®
49/ 100
Car-Dependent
Walk Score®
49/ 100
Minimal Transit
Transit Score®
20/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Hook D Pier Park
3 min walk
Pier Park Dog Beach
6 min walk
Aaron Bessant Park
7 min walk
Playground
9 min walk
Pier Park Ampitheatre
11 min walk
Pepsi Gulf Coast Jam
4 min drive
Frank Brown Park
4 min drive
City Panama Bch Parks & Rec
4 min drive
Frank Brown Dog Park
5 min drive
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.
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