15817 Front Beach Road #1-507, Panama City Beach, FL 32413
Local realty services provided by:ERA American Real Estate
Listed by: eric christen
Office: rev realty
MLS#:973077
Source:FL_ECAR
Price summary
- Price:$484,500
- Price per sq. ft.:$576.1
About this home
High-Performing Short-Term Rental | $50K+ Gross Income | 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 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 is currently being 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 LVP being 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 districtone 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.
Contact an agent
Home facts
- Year built:2006
- Listing ID #:973077
- Added:287 day(s) ago
- Updated:January 17, 2026 at 08:31 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:2
- Living area:841 sq. ft.
Structure and exterior
- Year built:2006
- Building area:841 sq. ft.
Schools
- High school:Bay
- Middle school:Surfside
- Elementary school:Hutchinson Beach
Utilities
- Water:Community Water
Finances and disclosures
- Price:$484,500
- Price per sq. ft.:$576.1
- Tax amount:$5,036 (2024)
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