Calypso Tower 3 Pre-Construction Release

It has been almost 11 years since the last condo in Panama City Beach, Florida was under construction. Calypso Tower 3 is currently under construction and has opened reservations for its newest tower. Calypso Tower 1 and Tower 2 construction was completed in 2006 and is one of the top selling condos in Panama City Beach. I was one of the original pre-contruction owners at Tower 1 and Calypso is one of my favorite and best investment condos for my clients. As of this post, Calypso Tower 1 and 2 re-sale inventory is at a historic low due to it’s premier location in Panama City Beach next to Pier Park, with many of the units going under contract in less than 24 hours after hitting the market. 

Calypso Towers has been a very solid investment for owners with well furnished condos generating top gross rental income for our area.

What is Calypso Tower 3?

Calypso Tower 3 is located on the north side of Front Beach Road and will have westerly gulf sunset views from almost every unit. The new tower will be 22 Stories, with 250 Units and will have 4 Floor Plans. There will be new amenities in Tower 3 that will compliment the existing amenities in Tower 1 and Tower 2.  Calypso Tower 3 will have a luxury pool and large workout gym facility. The developer is only releasing 100 units for this first reservation opportunity.

How do I put a reservation on a pre-construction condo at Calypso Tower 3?

  1. Reservations will be made on a first-come, first-served basis. Pricing and availability is subject to change so please contact us for updates. 
  2. Contact Us or call us 850-583-1640 to identify which condos are currently available for reservation and to assist with identifying the best unit for your needs.
  3. Complete a Calypso Tower 3 Reservation Agreement and include a $5,000 reservation deposit
  4. Calypso Tower 3 Condo Documents will be delivered to the purchaser for review
  5. Purchaser has 15 calendar days to review the Calypso Tower 3 Condo Docs and the purchase contract
  6. At the end of 15 calendar days, the purchaser will be required to submit a total non-refundable deposit of 10%
  7. At the end of 120 calendar days, the purchaser will be required to submit an additional 20% deposit

When is Calypso Tower 3 construction to be completed?

Calypso Tower 3 is currently under construction as of August 2017. The developers anticipate an 18 month to 24 month build out with a completion estimated Spring 2019 to early Fall 2019.

What are the views from Calypso Tower 3?

Calypso Tower 3 will offer exceptional west facing gulf views for most units. Although all units face the Gulf of Mexico and will offer amazing sunset views, there is a potential future mid-rise development west of Tower 3 that may restrict some views for lower floor units. The land on the beach side west of Calypso Towers 1 and 2 by the County Pier is owned by Bay County and will never be developed.

What is the pricing of Calypso Tower 3?

Pricing is subject to change based upon availability. Contact Us or call us 850-583-1640 for latest availability and pricing.

  • One Bedroom Plans start at $274,000
  • Three Bedroom Plans start at $410,000
  • Three Bedroom Corner Unit Plans start at $489,000

What are the floor plans of Calypso Tower 3?

The floor plans for Calypso Tower 3 are very similar to the very popular plans of Calypso Tower 1 and 2. The developers have modernized and enhanced the floor plans with upgrades as a scalloped balconies on all units and wrap around balconies for the northern corner units. Please note that the square footage of the units includes the balcony area, thus why the square footage will appear larger than the re-sale units in Calypso Tower 1 and 2.

Plan 1: 1 Bedroom | 2 Bath | 1,061sf

Plan 2 North End: 3 Bedroom | 3 Bath | 2,108sf (Wrap Around Balcony, Gulf Front Master)

Plan 2 South End: 3 Bedroom | 3 Bath | 1,782sfsf (Gulf Front Master)

Plan 3: 1 Bedroom | 1.5 Bath | 1,084sf (Gulf Front Master Bedroom)

Plan 4: 3 Bedroom | 2 Bath | 1,522sf (Gulf Front Master Bedroom)

If you have any questions about this exciting new pre-construction opportunity at Calypso Tower 3, please give me a call at 850-583-1640. I will be happy to answer any questions you may have. I was one of the original owners at Calypso and I am one of the top selling agents for Calypso Towers.

1-Bedroom Rental Ready Gulf Front Unit at Calypso Resort

Buying an investment condo on the beach is one of the most rewarding decisions for investors. The prospect of owning a piece of paradise that pays for itself and potentially earns you extra income is highly appealing. Plus, you will own your own private vacation retreat on the beach! One of my all-time favorite Panama City Beach condos for investors is Calypso Resort and Towers. Calypso’s ideal location on the west end of Panama City Beach makes it an extremely popular choice for vacation rentals. It is close to Northwest Florida Beaches International Airport and adjacent to the area’s most popular shopping, dining, and entertainment epicenter, Pier Park.

Located in Calypso’s desirable West Tower, Calypso unit #2-1103 is a must-see for anyone looking to buy a rental investment, second home, or even a primary residence on the beach. This eleventh floor unit has a well-established rental history, and boasts some great features! The condo is equipped with a Coastal Green Air Energy Saving System for the A/C unit and the water heater. Door and motion sensors detect when the unit is occupied, lowering water heater use while the unit is vacant and turning off the A/C when doors are left open to maximize energy efficiency and lower the electric bill. Other interior upgrades include 1″ black granite countertops in the kitchen and bathrooms, and custom tile floors throughout. Calypso unit #1103W is tastefully furnished with a subtle tropical theme, which is popular with guests who visit Panama City Beach for an authentic beach vacation. The master suite features a king size bed and a full en suite bath offering. A hall bunk and full size sleeper sofa sleep an additional four guests. There is an additional full bath in the hall. Breathtaking Gulf views are visible from the kitchen and living/dining area, as well as the spacious private Gulf front balcony. On a cool morning, open the sliding glass door to invite the refreshing Gulf breeze in while you enjoy a morning cup of coffee before a memorable day at the beach. A stackable washer/dryer combo in the unit is a welcome convenience after a long day playing in the sugar white sands and emerald green waters of the Gulf.

Calypso Resort and Towers boasts some of the best amenities in Panama City Beach. Spend a lazy afternoon lounging on the spacious pool deck sipping on beverages from the Tiki Bar, make a splash in one of the two Gulf front lagoon style pools (one of which is heated seasonally), or walk a few more steps down to the beach for an afternoon collecting shells and frolicking in the emerald green waters. Calypso also offers a fitness center and game room. These first-class amenities create great demand for rentals at Calypso.

15817 Front Beach Rd #2-1103
Panama City Beach, FL 
Calypso Tower II
841 sf
1 Bed | 2 Bath | Hall Bunk
Coastal Green Air Energy System
Built in 2006

Call Craig Baranowski @ 850.259.1788 for more info or to schedule your private showing!

Calypso 1 Bedroom Condos for Sale
Calypso 2 Bedroom Condos for Sale
Calypso 3 Bedroom Condos for Sale

Updated Penthouse Unit at Pinnacle Port with Parking Space

Completely updated immaculate penthouse unit for sale at Pinnacle Port! Refreshed with the finest attention to detail, this top floor unit at Pinnacle Port is a must see. Fresh paint, crown molding, new window treatments, and new furniture are just a few of the recent updates. Beautiful custom tile floors throughout the first floor as well as both bathrooms upstairs. The fully appointed kitchen overlooking the Gulf features a glass tile backsplash, new countertops, and a breakfast bar. Just off the kitchen, a half bath was added for increased functionality. A rustic farm table in the dining area anchors the room, and makes this unit feel like home. The living area is furnished with a full living room suite with sleeper sofa, a wall mounted flat screen TV, and sliding glass door to access the private Gulf front balcony. A full laundry rounds out the functional first level. Upstairs, the master bedroom features its own private balcony and an en suite bath with new tub. The second bedroom offers stunning ocean views. It was expanded and now fits two twin size bunk beds, plus a vanity and a dresser. There is a dedicated full bath just down the hall.

Pinnacle Port is ideally located at the west end of Panama City Beach tucked between the shores of the Gulf and the coastal dune Lake Powell, just a short drive to 30A to the west or Pier Park to the East. This unique condo complex located within the gated community of Carillon Beach features world-class amenities including:

  • marina on Lake PowellUnbeatable Ocean Views at Pinnacle Port Gulf Front Condo in Panama City Beach, FL
  • private beach access
  • one indoor and one outdoor pool
  • tennis courts
  • saunas
  • BBQ grills
  • basketball court
  • playground
  • shuffleboard
  • horseshoe/bocce ball court
23223 Front Beach Rd #PH-19Ocean View Condo at Pinnacle Port
Panama City Beach, FL 
Pinnacle Port
983 sf
2 Bed | 2.5 Bath
Built in 1970
Offered at $247,000
SOLD for $241,000

Call Team Baranowski @ 850.583.1640 for more info or to schedule your private showing!

Pinnacle Port Condos For Sale
Gulf Front Condos Under $200K
Gulf Front Condos Under $300K

Turn-Key Gulf Front Condo at The Summit

Spring is finally here, and there’s no better time to make your dreams of owning a beachfront condo at The Summit.  Looking for an unbeatable value on a rental investment property or second home? The Summit condos will get you fantastic bang for your buck with affordable condos, world-class amenities, and lucrative rental income potential. Ideally located 15 minutes from Pier Park – Panama City Beach’s popular shopping, dining, and entertainment hub – and within walking distance of area attractions including Spinnaker Beach Club & Grill, Club La Vela, and Hammerhead Fred’s, The Summit has everything you need right where you want to be. Resort-style amenities include:

  • 2 Gulf front pools (one heated seasonally), 2 hot tubs, and 2 kiddie pools
  • Fitness center with saunas and indoor whirlpool
  • Tiki Bar
  • BBQ Grills
  • Snack & gift shops
  • Game room
  • Tennis courts and shuffleboard courts

Unit #1305 at The Summit is an excellent choice as a rental investment condo or second home. Enjoy the beach lifestyle without breaking the bank in this 1 bedroom, 1.5 bath plus bunk unit in one of the best value condos on Panama City Beach. This immaculate, fully furnished unit is turn-key and rental ready so you can take advantage of rental income right away! Just imagine making lifelong memories playing on the World’s Most Beautiful Beaches, enjoying refreshments by the beachfront pools, then lounging on the private balcony while watching the breathtaking sunset over the Gulf of Mexico. With 1 full bedroom, a hall bunk and a sleeper sofa, unit #1305 comfortably accommodates 6 people, making this an excellent value for families and large groups. A fully appointed kitchen and stackable washer/dryer in the unit add convenience and functionality. And did we mention the stunning 13th floor ocean views?!

8743 Thomas Dr #1305
Panama City Beach, FL 
The Summit
740 sf
1 Bed | 1.5 Bath | Hall Bunk
Built in 1984
Offered at $159,000
 

Call Team Baranowski @ 850.583.1640 for more info or to schedule your private showing!

The Summit Condos For Sale
Gulf Front Condos Under $200K
Gulf Front Condos Under $100K

Premium Investment Condo in Calypso’s West Tower

Investors take note – here is the rental condo you have been searching for! The 2 bedroom plus bunk room floor plan at Calypso has long been recognized as one of the best floor plans for rentals on Panama City Beach. Calypso Resort and Towers is in a prime rental location, just steps away from the area’s central shopping, dining, and entertainment hub, Pier Park. There, you can dine at signature restaurants like Margaritaville, experience in IMAX movie in The Grand Theater, then stroll along the sugar white sand beach as the sun sets over the Gulf of Mexico.

In addition, owners and guests alike will appreciate the first-class amenities offered at Calypso Resort and Towers. Spend a lazy afternoon lounging on the spacious pool deck sipping on beverages from the Tiki Bar, make a splash in one of the two Gulf front lagoon style pools (one of which is heated seasonally), or walk a few more steps down to the beach for an afternoon collecting shells and frolicking in the emerald green waters. Calypso also offers a fitness center and game room.

Located in Calypso’s highly desirable West Tower, unit #2-302 is a solid choice for rental investors. In 2015, Calypso #2-302 brought in $47-48K, plus taxes and cleaning fees. This condo easily cash flows with 20% down! It’s no surprise this unit rents so well with Calypso’s premium location close to Pier Park, combined with the unit’s excellent condition and location on the 3rd floor. Guests can park in the covered garage and never have to step foot in an elevator or climb stairs to access the unit. Simply park, cross the 3rd floor walkover, turn the corner, and enter this stunning beach retreat! Step inside this beachfront oasis to find the wow factor that drives rentals, with touches like hardwood floors throughout the great room and bedrooms, professionally decorated interior with attractive furnishings, and breathtaking 3rd floor ocean views. The private Gulf front balcony, which can be accessed from the living area as well as the master suite, is the perfect spot to enjoy warm sea breezes and admire stunning sunset views over the Gulf. A dedicated laundry room is a much-appreciated convenience for families after a full day playing on the beach.

15817 Front Beach Rd #2-302
Panama City Beach, FL 
Calypso Tower II
1,223 sf
2 Bed | 2 Bath | Bunk Room
Built in 2006
Offered at $392,000 
 

Call Craig Baranowski @ 850.259.1788 for more info or to schedule your private showing!

Calypso 1 Bedroom Condos for Sale
Calypso 2 Bedroom Condos for Sale
Calypso 3 Bedroom Condos for Sale

Beachfront Ownership Under $150K – Just a Dream?

Beachfront for Under $150,000 is a Reality in Panama City Beach

Ever wonder if those television shows that follow people buying beachfront properties for under $150,000 are true? The answer is yes, and Panama City Beach is the place to make it happen. Located on the beautiful Gulf Coast of Florida, Panama City Beach is a quick and easy escape from one hectic life. The best part is that this piece of paradise is easy to get to. Northwest Florida Beaches International Airport is only a short drive from the beach and offers direct flights from many major cities including Atlanta, Nashville, and Dallas.

Stunning beaches and convenient location has created demand from buyers securing their summer homes. Beachfront bargains are still available for the diligent buyer. Prices are on the rise, and the $150,000 market is fast moving with no time to wait. Properties can be gone within a day’s notice. The good news is that there are still great options for you to find the perfect beachfront getaway. Spending under $150,000 for a beach front property does not mean you have to sacrifice comfort.

Click for Beachfront Bargains $150K and Under

Shores of Panama Condos Under $150KShores of Panama is an iconic condominium development on the East end of Panama City Beach, adjacent to Sunbird Condo. This 23-story luxury resort boasts one of the largest gulf front lagoon pools and decks in North Florida. Studio units in Shores of Panama have recently been selling in the $100-120K range, with current list prices from $117,000 to $123,900. The least expensive 1-bedroom condo in the low $150K price point.

Shores of Panama Condos for Sale


 

Sunbird Condos for Sale Under $150KSunbird Condo offers spacious 1 bedroom units with stunning Gulf views, large private balconies, and resort-style amenities, including three gulf side pools just steps from the beach. Over the past 6 months, Sunbird Condo 1-bedroom units have been selling around $125-175K. Sunbird is a very popular condo for beachfront bargains and it one of the top condos in Panama City Beach for 1-bedroom gulf front condos.

Sunbird Condos for Sale


 

Majestic Beach Condos for Sale Under $150K

Majestic Beach Condominiums offers a true bird’s eye view of the clear gulf waters. 650 feet of sugar sand beach, indoor and outdoor pools, and close proximity to shopping and dining at Pier Park makes Majestic Beach a community worthy of consideration for investors. Studio units at Majestic Beach are highly sought after as one of the best values on the beach, which means they rarely come on the market. Only one Majestic Beach studio unit came on the market in the last 6 months, and it immediately sold for $130K.

Majestic Beach Condos for Sale



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For the golf fanatic, Edgewater Golf Villas delivers a stellar golf course on site plus a short, private walkover to the beach. The Edgewater Beach and Golf Resort is one of the few full service resorts in Panama City Beach, Florida with amenities to meet the entire family’s needs. Edgewater Golf Villas is perfect for families looking for plenty of space on a reasonable budget. 1-bedroom units at Edgewater Golf Villas have been recently selling around $75-125K, while 2-bedroom units are selling for about $130-150K.

Edgewater Golf Villas Condos for Sale


Don’t leave the beachfront bargains to the people on television, call me and let’s start shopping today! Greg Dezell (850-252-5647)