Investor Opportunity at Calypso Towers

Calypso 3 Bedroom Corner Unit is a Great Opportunity for Investors or as a Second Home

UPDATE 3/20/2015: SOLD!! – $455,000

Here’s your chance to own a fantastic investment condo at Calypso Resort and Towers in Panama City Beach. This 3 bedroom corner unit in the East Tower at Calypso includes a parking space valued at $20K! Located on the 1st floor, Calypso unit #1-101 features quick and easy accessibility your renters will surely appreciate. No need to cram their family and luggage into an elevator, or struggle to find parking – simply unload out front or in the private and gated underground parking area and park in your very own space!

This first floor corner unit has outstanding gulf views from the living and master bedroom. With 3 Bedrooms and 3 full baths, this condo has room for multiple families or one large family. In addition to all this fantastic corner unit has to offer, Calypso features a wide variety of great amenities. Make a splash in either of the condo’s 2 beach front resort-style pools, soak up the sun on Calypso’s private beach, enjoy refreshments at the Tiki Bar & Grill, or take advantage of the indoor fitness center. Looking for even more fun? Calypso is within walking distance of endless shopping, dining and recreation at Pier Park and only a short drive from the aquatic center at Frank Brown Park.

While your renters will appreciate the convenience and amenities this unit has to offer, you’ll appreciate the projected $50K annual gross rental income!

There are currently four other 3-bedroom condos on the market at Calypso listed at $512-$645K. The peak sold price for a 3 bedroom unit at Calypso was $650K in 2006.

15817 Front Beach Rd, Unit #1-101

Panama City Beach, FL

Calypso Tower I

1,392 sf

3 Beds | 3 Baths

Private Parking Space

Sold Unfurnished

Built in 2006

Offered at $459,999