Panama City Beach · Building Market Report
Calypso Resort & Towers
Every number a buyer, seller, or investor needs on one building: live inventory, closed-sale history, and the neighborhood around it - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated September 27, 2026 · Next statistics update early October 2026
How the building is trading
9 units closed at Calypso Resort & Towers in the trailing 12 months at a median of $475,000, with a 95.2% median list-to-sale ratio. On the active side, 5 of 8 listings sit below original list price, and standing inventory works out to 10.7 months of supply at the current sales pace.
One name over three condominiums with two vintages is why a figure quoted for this address moves when the market has not. Two hundred and fifty-five of the unit parcels belong to the 2020 building and three hundred and ninety-six to the 2006 pair, so a quarter's mix between those pools shifts the middle number more than demand does. Flood mapping compounds it. The older buildings price with a VE zone and a 14 foot base flood elevation attached to them, the newer one with Zone X, and insurance follows that line rather than the street address the three share. Read this address by first asking which declaration a unit sits under, then comparing only inside that pool. One caution about doing that from published resale records: they are not consistent about which building they name. Plenty of them do print a tower, and plenty of others carry only the shared resort name with nothing to separate one declaration from another, and a reader has no way to tell from the record itself which kind is in front of them. Where the marker is missing the answer has to come from the unit's own recorded documents. This page previously described the unmarked form as the usual one, which the listing record does not bear out; that wording was withdrawn on 2026-08-23. Watching one building's stack for a month teaches more than watching the whole name for a year.
Year-over-year figures compare the 12 complete calendar months from September 2025 through August 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through September 27, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2021 | $650K |
| 2022 | $793K |
| 2023 | $523K |
| 2024 | $694K |
| 2025 | $595K |
| 2026 YTD | $475K |
| Period | Value |
|---|---|
| 2021 | $528 |
| 2022 | $602 |
| 2023 | $472 |
| 2024 | $547 |
| 2025 | $523 |
| 2026 YTD | $370 |
| Period | Value |
|---|---|
| Sep 24 | 1 |
| Oct 24 | 1 |
| Nov 24 | 0 |
| Dec 24 | 1 |
| Jan 25 | 2 |
| Feb 25 | 1 |
| Mar 25 | 1 |
| Apr 25 | 3 |
| May 25 | 2 |
| Jun 25 | 0 |
| Jul 25 | 2 |
| Aug 25 | 0 |
| Sep 25 | 0 |
| Oct 25 | 1 |
| Nov 25 | 0 |
| Dec 25 | 1 |
| Jan 26 | 0 |
| Feb 26 | 2 |
| Mar 26 | 1 |
| Apr 26 | 1 |
| May 26 | 1 |
| Jun 26 | 0 |
| Jul 26 | 1 |
| Aug 26 | 1 |
The monthly charts cover the 24 complete calendar months from September 2024 through August 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period September 28, 2021 through September 27, 2026.
From the active file
8 units are on the market at Calypso Resort & Towers today - a sample of the current file:
$649,500
15817 Front Beach Road Unit 1606
Panama City Beach, FL 32408
$549,900
15928 Front Beach Road Unit 3-406
Panama City Beach, FL 32413
$435,000
15928 Front Beach Road Unit 3-509
Panama City Beach, FL 32413
$409,900
15928 Front Beach Road Unit 31608
Panama City Beach, FL 32413
$658,000
15817 Front Beach Road Unit 1-1706
Panama City Beach, FL 32413
$454,900
15817 Front Beach Road Unit 1-1207
Panama City Beach, FL 32413
The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.
The investor file
| Typical acquisition (median, 12 mo) | $475,000 |
|---|---|
| Middle-half range (25th-75th pct, 22 priced sales / 24 mo) | $446,250 - $654,250 |
| Median price, 2021 to 2026 | -26.9% ($650,000 to $475,000) |
| Average sale price (12 mo) | $498,000 |
| Sales volume, trailing 12 months | $4,482,000 |
| Sale price range, trailing 12 months | $355,000 - $670,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 1 BR | 4 | 5 | $395,000 |
| 2 BR | 2 | 2 | Sample too small |
| 3 BR | 2 | 2 | Sample too small |
Based on information from ECAR for the period September 28, 2021 through September 27, 2026.
Rental rules on the MLS today: 7 of 8 active listings disclose“Short Term Rental - Allowed”. Always verify the association's current policy.
The neighborhood: Edgewater Beach
Calypso Resort & Towers sits in or beside the Edgewater Beach Census neighborhood - the area figures below describe that neighborhood, not this building alone.
Neighborhood Data
Edgewater Beach at a Glance
8
Properties
$344K
Median Home Value
88%
Second Homes / Seasonal
Source: LiveBy, via the U.S. Census Bureau American Community Survey 2023. Figures are area estimates for general market context.
Demographic information is provided for general informational purposes only and must not be used to make housing decisions on the basis of race, color, religion, sex, familial status, national origin, disability, or any other protected class. Dream Destin Realty supports the Fair Housing Act and equal-opportunity housing.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and refreshed on a 30-day cycle. Based on information from ECAR for the period September 28, 2021 through September 27, 2026. Neighborhood figures are LiveBy area estimates built on the U.S. Census American Community Survey.
Why is there no list of individual sold units?
9 units closed at Calypso Resort & Towers in the trailing 12 months, from $355,000 to $670,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows building-level statistics only - ask us for the unit-by-unitsold report and we'll walk you through it.
How are thin samples handled?
Any figure computed from fewer than three sales is withheld rather than published - a one-sale “median” is just that sale's price. Counts always show; prices earn their way onto the page.
Thinking about buying or selling at Calypso Resort & Towers?
We track this building's sales and fees every month, and keep its rental rules on file - get the full picture before you commit.
- MLS market data (ECAR) - updated September 27, 2026
- Neighborhood data (LiveBy / U.S. Census ACS) - updated September 27, 2026
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.
Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of September 27, 2026.
Sources
- Florida Department of Revenue: statewide cadastral parcel layer (accessed August 23, 2026)
- Bay County BayView map service: coastal construction control line (accessed August 23, 2026)
- Bay County BayView map service: municipal boundaries (accessed August 23, 2026)
- Florida Administrative Code rule 62B-26.024: Bay County coastal construction control line (accessed August 23, 2026)
- Florida Statutes 161.053: coastal construction control lines (accessed August 23, 2026)
- FEMA National Flood Hazard Layer: flood hazard zones (accessed August 23, 2026)
- Florida Statutes 553.899: mandatory structural inspections (accessed August 23, 2026)
- Florida Statutes 718.112: bylaws, budgets and reserves (accessed August 23, 2026)
- City of Panama City Beach: short-term rental registration (accessed August 23, 2026)