OFF MARKET

Off market dec 2022 for $460K

$353,584

•

1,074

sq ft

15928 Front Beach Rd #404, Panama City Beach, FL 32413

About this home

If you're looking for one of the highest cap rate investment returns along the Emerald Coast, you've found it! With $62K in gross rentals, this coastal gem generating a 12% cap rate in Calypso Towers III makes a compelling vacation rental investment property. Located on the 4th floor in PCB's newest high rise, this unit offers amazing gulf views and the ultimate in modern luxury. The largest 1B/2B plan with 1,074 square feet has incredible gulf views from both the master and living areas. This turnkey, fully furnished unit is the lowest priced and best value unit in this prime Front Beach Rd location. A well-appointed kitchen with upgraded appliance package overlooks a spacious, light-filled living room with queen sleeper sofa. Private master ensuite with sitting room includes king bed and twin sleeper for extra sleeping. Second full bath with shower, stackable washer/dryer and owners closet located immediately upon entering the front door. This unit has extra privacy with elevator located just outside front door with a private entrance exclusively for you and your guests and easy access to parking garage. Conveniently located adjacent to popular shopping, dining, entertainment venues at Pier Park and along the emerald coast and walking distance to turquoise waters and sugar sand beaches of the Gulf. Amenities include a private pool, private cabanas, health club, onsite shop/eatery, private beach, and garage parking. This turnkey unit is currently self-managed and sold fully-furnished. Sellers are motivated and ready to entertain offers. Buyer to verify all dimensions.

CondoProperty Type

2020Year Built

$329Est. Price/Sq.Ft.

Listed by Lynne Andrews • Corcoran Reverie SRB

Bought with Donna Johnson • Coldwell Banker Carroll Realty

Redfin checked: a few seconds ago

•Source:ECAR #903218

Redfin Estimate

$353,584

$106K since sold in December 2022$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.3% lower than the average sale price ($386K) of 6 comparable homes.

SOLD AUG 24, 2026
$395,000
A
1 bed2 baths1,074 sq ft
15928 Front Beach Rd Unit 3-704, Panama City Beach, FL 32413
SOLD AUG 10, 2026
$400,000
B
1 bed2 baths1,074 sq ft
15928 Front Beach Rd Unit 3-1204, Panama City Beach, FL 32413
SOLD OCT 8, 2026
$350,000
C
1 bed2 baths1,182 sq ft
15928 Front Beach Rd Unit 3-205, Panama City Beach, FL 32413
SOLD JUL 28, 2026
$380,000
D
1 bed2 baths1,103 sq ft
15928 Front Beach Rd #31408, Panama City Beach, FL 32413
SOLD AUG 31, 2026
$390,000
E
1 bed2 baths1,103 sq ft
15928 Front Beach Rd Unit 3-808, Panama City Beach, FL 32413
SOLD JUN 24, 2026
$399,500
F
1 bed2 baths1,074 sq ft
15928 Front Beach Rd Unit 3-804, Panama City Beach, FL 32413

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Earn from this home

Sell

−$9,796

Est. take-home

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Rent

$2,514/mo

Redfin rental estimate

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Market trends in 32413, FL

Last updated October 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

96.1%

+0.2% MoM

Median sale price

$450K

$17K MoM

Avg. days on market

100d

1 days MoM

Recently sold homes

308

3 MoM

New listings for sale

NEW 3 HRS AGO
$629,000
2 beds2 baths1,934 sq ft
8651 Coral Reef Way, Panama City Beach, FL 32413
NEW 7 HRS AGO
$474,000
2 beds3 baths1,131 sq ft
16819 Front Beach Rd Unit 911, Panama City Beach, FL 32413
$1,750,000
5 beds5 baths2,500 sq ft
19106 Front Beach Rd Unit A, Panama City Beach, FL 32413
$520,000
2 beds2 baths1,249 sq ft
14825 Front Beach Rd Unit 803, Panama City Beach, FL 32413
$339,000
2 beds2 baths864 sq ft
17670 Front Beach Rd Unit A7, Panama City Beach, FL 32413
$699,000
3 beds3 baths1,809 sq ft
15928 Front Beach Rd #31901, Panama City Beach, FL 32408
$415,000
2 beds2 baths1,315 sq ft
8676 Weekend Dr, Panama City Beach, FL 32413
$499,000
2 beds2 baths1,787 sq ft
8409 Dreams Float Ct, Panama City Beach, FL 32413
$825,000
4 beds3.5 baths1,656 sq ft
119 Riviera Dr, Panama City Beach, FL 32413
$659,990
3 beds2 baths1,934 sq ft
309 Palatka St, Panama City Beach, FL 32413
See all

Provided by Redfin

Sale history for 15928 Front Beach Rd #404

Date

Event

Price

ECAR #903218

Dec 13, 2022

Sold

$460,000

$428/sq ft

Nov 7, 2022

Pending

—

Oct 31, 2022

Price Changed

$465,000

$433/sq ft

Oct 2, 2022

Price Changed

$489,000

$455/sq ft

Aug 30, 2022

Price Changed

$509,000

$474/sq ft

Jul 9, 2022

Listed

$519,000

$483/sq ft

+27

CPARMLS #678223

May 7, 2021

Sold

$336,500

$313/sq ft

Dec 4, 2018

Listed

$336,500

$313/sq ft

ECAR #811745

May 6, 2021

Sold

$336,500

$313/sq ft

Nov 30, 2018

Listed

$336,500

$313/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Bay County

APN

33756-000-000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 21, 2023.

Property details

Parking

Parking Information
No
Has Garage
Parking Features: Garage

Interior

Bedroom Information
Bedrooms: 1
Master Bedroom: First

Bathroom Information
Full Baths: 2
Total Baths: 2.00
Master Bedroom/Master Bath: MBath Double Vanity, MBath Shower Only, MBed Walk-in Closet

Room Information
Rooms: Kitchen, Master Bedroom
Kitchen: First

Room 1
Master Bedroom
Area: 168.00
Dimensions: 14 x 12
Length: 14.00
Width: 12.00
Level: 1

Room 2
Master Bedroom
Area: 168.00
Dimensions: 14 x 12
Length: 14.00
Width: 12.00
Level: 1

Room 3
Kitchen
Area: 64.00
Dimensions: 8 x 8
Length: 8.00
Width: 8.00
Level: 1

Interior Features
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
Interior: Breakfast Bar, Ceiling Crwn Molding, Elevator, Floor Tile, Furnished - All, Lighting Recessed, Pantry, Washer/Dryer Hookup, Window Treatment All

Exterior

Exterior Features
Has Pool
Pool Type: Community
Exterior: Balcony, Cabana, Hot Tub, Patio Covered, Pool - Heated, Pool - In-Ground, Separate Living Area

Lot Information
Waterfront: Gulf

Building Information
Stories in Building: 23
Construction Status: Construction Complete
Construction/Siding: Roof Tile/Slate, Stucco

Financial

Tax Information
Last Tax Year: 2021
Last Taxes: 43.54

Financial Information
Mortgage Type: Conventional
Financing: Conventional
Brokerage Interest: No Interest
Buyer
Seller

Utilities

Utility Information
Utilities: Electric, Public Sewer, Public Water, TV Cable
Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Tnkls

Location

Multi-Unit Information
# of Units in Bldg: 250.00

Assessment Information
Assessment Fees: Yes
Assessment Amount: 627.49
Assessment Paid: Monthly

Homeowners Association Information
Fees Include: Accounting, Ground Keeping, Internet Service, Master Association, Recreational Faclty, Security, Sewer, Trash, TV Cable, Water
New Buyer Fee
$

School Information
Elementary School: Hutchinson Beach
Middle School: Surfside
High School: Arnold

Location Information
Sub Area: 2720 - Beach - Middle Central
Area: 27 - Bay County
Street #: 15928
Street Name: Front Beach
Street Suffix: Road
Unit #: 404
City: Panama City Beach
County: Bay
State: FL
Zip Code: 32413
Project Name/Subdivision: CALYPSO RESORT & TOWERS III
Absolute Longitude: 85.874132
Longitude: -85.874132
Latitude: 30.215033
Directions: From the intersection of Hwy 79 south and Front Beach Road, travel one mile east. Calypso Towers III is located just past the entrance to Pier Park and adjacent to the new Embassy Suites Hotel and Con

Project Facilities
BBQ Pit/Grill, Beach, Deed Access, Elevators, Exercise Room, TV Cable

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Bay County
APN: 33756-000-000

Home facts updated by county records on May 21, 2023

Other

Listing Price Information
List Price: 465000.00
List Price/SqFt: 432.96

Property Information
Apx SqFt(Htd/Cooled): 1074.00
Design: N/A
Stories In Unit: 23
Sub-Type: Condominium
Units Above Ground: 250.00
Waterview: Gulf

Listing Information
Immediate Occupancy: Immediate Occupancy

About this building

27 for sale

15928 Front Beach Rd, Panama City Beach, FL 32413

See photos & sale trends

Photo via 15928 Front Beach Rd #1508

Units for sale


3-409	$389,900	1 bed	2 baths	1074 sq ft
3-803	$394,900	1 bed	2 baths	1103 sq ft
32005	$399,800	1 bed	2 baths	1103 sq ft
1505	$399,999	1 bed	2 baths	1103 sq ft
31608	$409,900	1 bed	2 baths	1103 sq ft
3-510	$410,000	1 bed	2 baths	1103 sq ft
3-403	$415,300	1 bed	2 baths	1103 sq ft
3-509	$435,000	1 bed	2 baths	1074 sq ft
3-302	$525,000	3 beds	2 baths	1563 sq ft
32006	$575,000	3 beds	2 baths	1563 sq ft

Around this home

Schools

K - 12
Preschool & daycare

Surfside Middle School

Public PreK-12 • Assigned • 1.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

10/10 Heat Factor

7 days above 105° expected this year, 22 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Panama City Beach, FL • 32413

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 5.6 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

5.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$336,000 – $407,000

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New listings for sale in 32413

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NEW 7 HRS AGO3D WALKTHROUGH

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Granite countertops • New vanities • Garage

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White sandy beach • Recently updated • Maintenance free

Home values near 15928 Front Beach Rd #404

Data from public records.

Address	Redfin Estimate
15928 Front Beach Road Apartment 2310, Panama City Beach, FL 1 Beds \| 2 Baths \| 932 Sq. Ft.	$405,211
15928 Front Beach Road Apartment 2301, Panama City Beach, FL 3 Beds \| 3 Baths \| 1506 Sq. Ft.	$713,113
15928 Front Beach Road Apartment 1412, Panama City Beach, FL 3 Beds \| 3 Baths \| 1508 Sq. Ft.	$642,882
15928 Front Beach Road Apartment 2108, Panama City Beach, FL 1 Beds \| 2 Baths \| 932 Sq. Ft.	$388,332
15928 Front Beach Road Apartment 705, Panama City Beach, FL 1 Beds \| 2 Baths \| 932 Sq. Ft.	$376,752
15928 Front Beach Road Apartment 2311, Panama City Beach, FL 3 Beds \| 2 Baths \| 1321 Sq. Ft.	$502,181
15928 Front Beach Road Apartment 1802, Panama City Beach, FL 3 Beds \| 2 Baths \| 1321 Sq. Ft.	$528,903

Address	Redfin Estimate
15928 Front Beach Road Apartment 1404, Panama City Beach, FL 1 Beds \| 2 Baths \| 856 Sq. Ft.	$361,830
15928 Front Beach Road Apartment 2112, Panama City Beach, FL 3 Beds \| 3 Baths \| 1508 Sq. Ft.	$754,960
15928 Front Beach Road Apartment 509, Panama City Beach, FL 1 Beds \| 2 Baths \| 856 Sq. Ft.	$387,257
15928 Front Beach Road Apartment 903, Panama City Beach, FL 1 Beds \| 2 Baths \| 856 Sq. Ft.	$375,393
15928 Front Beach Road Apartment 703, Panama City Beach, FL 1 Beds \| 2 Baths \| 856 Sq. Ft.	$382,970
15928 Front Beach Road Apartment 1106, Panama City Beach, FL 3 Beds \| 2 Baths \| 1321 Sq. Ft.	$499,954
15928 Front Beach Road Apartment 502, Panama City Beach, FL 3 Beds \| 2 Baths \| 1321 Sq. Ft.	$536,774

Address	Redfin Estimate
15928 Front Beach Road Apartment 2111, Panama City Beach, FL 3 Beds \| 2 Baths \| 1321 Sq. Ft.	$628,576
15928 Front Beach Road Apartment 304, Panama City Beach, FL 1 Beds \| 2 Baths \| 856 Sq. Ft.	$343,889
15928 Front Beach Road Apartment 2203, Panama City Beach, FL 1 Beds \| 2 Baths \| 1103 Sq. Ft.	$333,049
15928 Front Beach Road Apartment 1103, Panama City Beach, FL 1 Beds \| 2 Baths \| 932 Sq. Ft.	$335,388
15928 Front Beach Road Apartment 605, Panama City Beach, FL 1 Beds \| 2 Baths \| 932 Sq. Ft.	$372,018
15928 Front Beach Road Apartment 2011, Panama City Beach, FL 3 Beds \| 2 Baths \| 1321 Sq. Ft.	$643,091
15928 Front Beach Road Apartment 201, Panama City Beach, FL 3 Beds \| 3 Baths \| 1506 Sq. Ft.	$613,167

Property information provided by ECAR when last listed in 2022. This data may not match . Learn more.

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