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

$450,000
1
BD
2
BA
841
SqFt

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Sold Price
$450,000
List Price
$475,000
Closing Date
Mar 30, 2026
MLS#
973077
Status
CLOSED
Type
Condo
Subtype
Condominium
Bedrooms
1
Bathrooms
2
Living Area
841
Neighborhood
Beach - Central South

Property Description

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.

Additional Information

Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
Elementary School
Hutchinson Beach
Exterior Features
Balcony
High School
Bay
Interior Features
Breakfast Area, Vaulted/Cathedral Ceilings, Lock Out, Washer Hookup
Legal Description
CALYPSO TOWERS I UNIT 1-507 TYPE D ORB 3154 P 1314 1BR/2BA . 945 SQ.FT. . 841 H&C
Middle School
Surfside
Neighborhood
Beach - Central South
Parking Features
Garage
Subdivision
Calypso Resort & Towers
Waterfront
Yes
Year Built
2006

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Calculator source: Real Geeks

Listing courtesy of REV Realty. Selling Office: .

Vendor Member Number : 28166