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MLS# 779876

Status: Active
15817 Front Beach Road, #507
Panama City Beach, FL 32413
$484500.00

Beds Total: 1
Bathrooms: 2.00
Baths Full: 2
Sq Ft Total: 841.00
Year Built: 2006
Garage Description: 0.00
On Waterfront: Yes
(850) 428-3338


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High-Performing Short-Term Rental | $50K+ Gross Income | Gulf-Front at Calypso ResortTurnkey 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- Self-managed on Airbnb and VRBO- Proven vacation rental history- Highly desirable bunk-bed floor plan that outperforms typical 1-bedroom unitsLocation 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.

Additional Features

List Date:2025-10-02
Full Baths:2
Waterfront:Yes
Sub Area:0318 - Beach - Central South
Community/Resort:None
Parcel ID:33802-200-043
Elementary School:Hutchison Beach
Middle School:Surfside
High School:Arnold
Appliances:Dishwasher,Microwave,Oven - Electric,Refrigerator,Washer/Dryer Stacked,Water Heater - Electric
HOA Frequency:Quarterly
HOA Amount:2092.84
HOA Fee:Yes
Cumulative DOM:105
Days On Market:105
Last Taxes:5507.00
Last Tax Year:2025
Utilities:Cable - Connected,Electricity - Connected,Public Sewer - Connected,Public Water - Connected
Project Facilities:BBQ Pit/Grill,Beach,Boardwalk,Community Room,Elevator(s),Game Room,Pool
Present Zoning:Resort
Exterior:Balcony
Lot Features:Waterfront
Waterfront Feature:Shore - Beach
Fees Include:Accounting,Cable TV,Dumpster,Fitness Center,Legal,Maintenance Grounds,Maintenance Structure,Management,Master Association,Pest Control,Pool,Trash Disposal,Water
Construction/Siding:Concrete,Siding - Stucco
UnBranded Virtual Tour:Virtual Tour