15817 Front Beach Road #1-507, Panama City Beach, FL 32413
Local realty services provided by:ERA Neubauer Real Estate, Inc.
Listed by: maria howell
Office: rev realty florida, llc.
MLS#:779876
Source:FL_BCMLS
Price summary
- Price:$475,000
- Price per sq. ft.:$564.8
About this home
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. High-Performing Short-Term Rental Grossing over $50K in 2025 | Gulf-Front at Calypso Resort.
This is a turnkey Gulf-front 1-bedroom condo with hallway bunk beds and 2 full bathrooms located at Calypso Resort & Towers, one of the top-producing short-term rental resorts in Panama City Beach. This newly renovated unit offers direct Gulf views, a large private balcony, and overlooks Calypso's massive resort-style pool--features that consistently drive strong nightly rates and high occupancy. The floor plan is intentionally designed for short-term rental success. The hallway bunk beds create an additional sleeping area, allowing the condo to accommodate more guests than a standard 1-bedroom and directly increasing rental demand and income potential. With two full bathrooms, the unit functions like a much larger condo in the eyes of vacation renters.
New luxury vinyl plank (LVP) flooring was just installed throughout, enhancing durability, aesthetics, and long-term rental performance. The unit is truly turnkey and ready to continue producing income immediately.
- Short-Term Rental Investment Highlights:
- Just over $50,000 in gross rental income in 2025
- Self-managed on Airbnb and VRBO
- Highly desirable bunk-bed floor plan that outperforms typical 1-bedroom units
- New luxury plank flooring installed throughout!
Location further amplifies rental demand. Calypso is adjacent to the Panama City Beach fishing pier and is the closest Gulf-front resort to Pier Park, putting guests within walking distance of PCB's most visited shopping, dining, and entertainment district one of the strongest booking drivers in the market.
Whether you're looking for a cash-flowing Gulf-front short-term rental, a 1031 exchange replacement, or a low-maintenance investment with documented income, this condo checks every box.
Rare opportunity to own a proven, high-performing short-term rental at one of PCB's most in-demand resorts. Schedule your private showing today....
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Home facts
- Year built:2006
- Listing ID #:779876
- Added:49 day(s) ago
- Updated:March 19, 2026 at 07:19 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Dining Description:Handicap Accessible
- Bathrooms Description:Handicap Access
- Kitchen Description:Electric Oven, Electric Water Heater
- Bedroom Description:Handicap Access
- Living area:841 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:2006
- Building area:841 sq. ft.
- Architectural Style:High Rise
- Construction Materials:Concrete, Stucco
- Exterior Features:Balcony
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Hutchison Beach
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$564.8
- Tax amount:$5,507 (2025)
Features and amenities
- Laundry features:Washer Dryer Stacked
- Amenities:ElectricOven, ElectricWaterHeater, WasherDryerStacked
- Pool features:Community, InGround
Parking
- Parking description:Parking Lot
- Garage:Yes
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