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15817 Front Beach Road Unit 1-507, Panama City Beach, FL 32413

Bed
1
Baths
2
Sqft
841
Garage
Yes
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byREV Realty
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Overview

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 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.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of stories
22
Number of bedrooms
1
Number of bathrooms
2
Square feet
841
Year built
2006

Exterior features

Pool
Yes

Garage and parking

Garage parking spaces
1

Utilities

Heating
Central, Electric
Cooling
Central air, Ceiling fan(s), Electric

Taxes

Tax Annual Amount (2024)
$5,036.02

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Emerald Coast Association of REALTORS MLS®#: 973077

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing