Panama City Beach - Beach Property For Sale #7484758

Unit 3-2005, a 20th-floor condominium at Calypso Tower III, presents a compelling investment opportunity, along with one of the best views of the gulf, from one of Panama City Beach's most sought-after beachfront locations, just steps from Pier Park and provides direct Gulf access. This spacious one-bedroom, two full bath floor plan is designed to comfortably sleep six. The unit features a primary suite, custom-built hall bunks, and a sleeper sofa, maximizing occupancy potential while maintaining livability. Two full bathrooms adds significant functional value, supporting premium nightly rates. From its elevated 20th-floor vantage point, enjoy front-row views of the Pier Park pier, where seasonal holiday fireworks illuminate the sky over the Gulf, creating a spectacular backdrop from your oversized private balcony. Offered fully furnished and turnkey, this property is positioned for immediate rental placement with no additional setup required. Quartz countertops in the kitchen and bathrooms, custom light fixtures, custom window treatments and wainscoting throughout elevate the interior beyond typical builder-grade finishes, creating a differentiated product within a competitive short-term rental market. The open-concept kitchen, complete with GE stainless steel appliances, appeals to families and extended-stay guests, broadening its rental audiencepleted in 2020, Tower III offers modern construction and newer systems, helping mitigate near-term capital expenditure concerns often associated with older beachfront buildings. Resort-style amenities, including a seasonally heated zero-entry pool, hot tub, fire pit, fitness center, tiki bar, rentable cabanas, on-site dining, and deeded beach access approximately 400 feet away, enhance guest experience and drive repeat bookings. The property's five-minute walk to Pier Park, with its dining, shopping, entertainment venues, Top Golf, SkyWheel, movie theater, and family attractions, further strengthens occupancy performance and seasonal rate potential. With six-person occupancy, two full baths, 20th-floor Gulf views, and its' premier location, this residence is strategically positioned to capture strong rental demand while offering long-term appreciation potential along the Florida Gulf Coast. Golden hour, elevated. The views from this unit are stunning and delivers front-row seats to breathtaking sunsets that melt into the horizon night after night. Coastal luxury meets sky-high serenity... this is where every evening feels like a private show!