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MLS# 779876
Status: Active
15817 Front Beach Road, #507
Panama City Beach, FL 32413
$484500.00
Panama City Beach, FL 32413
Beds Total: 1
Bathrooms: 2.00
Baths Full: 2
Sq Ft Total: 841.00
Year Built: 2006
Garage Description: 0.00
On Waterfront: Yes
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(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 |