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15817 Front Beach Road , 1-507

Panama City Beach, FL 32413
  • $475,000
  • STATUS: Pending
  • ON SITE: 344 Days
  • MLS #: 973077
Pending
UPDATED: 64 min ago
$475,000
  • 1
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 841
    SQFT
  • $565
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2006
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:
Bay

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.

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Douglas Elliman. Vendor Member number: 28178. Data last updated: 2026-03-15T16:00:33.44.
Vendor Member #28178.
www.elliman30a.com/homes/162256093
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15817 Front Beach Road , 1-507 Panama City Beach, FL 32413

  • Price: $475,000
  • Status: Pending
  • On Site: 344 Days
  • Updated: 64 min ago
  • MLS #: 973077
1
Beds
2
Baths
0
½ Baths
N/A
Acres
841
SQFT
$565
$/SQFT
2006
Built
Neighborhood:
Calypso Resort & Towers
County:
Bay
Area:
Bay County
Elementary School:
Hutchinson Beach
Middle School:
Surfside
High School:
Bay
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.
Exterior Features

Architectural Style N/A Attached Garage YN No Carport YN No Construction Materials ConcreteStucco Exterior Features Balcony Lot Features [] Parking Features Garage Pool YN Yes Road Frontage Type [] Road Surface Type [] View Gulf Waterfront Features Gulf

Interior Features

Appliances CooktopDishwasherDisposalDryerMicrowaveOven Self CleaningRefrigerator W/IceMkStove/Oven ElectricWasherWater Heater - Elect Cooling Ceiling FansCentral Air Cooling YN Yes Heating Central Heating YN Yes Interior Features Breakfast BarCeiling RaisedHallway Bunk BedsOwner's ClosetWasher/Dryer Hookup Primary Bedroom First Floor Yes Rooms Total 6

Property Features

Association Fee Frequency Quarterly Association Fee Includes AccountingGround KeepingInternet ServiceManagementMaster AssociationRecreational FacltySecuritySewerWaterCable TVTrash Association Fee2 2092.84 Association YN Yes Buyer Financing ConventionalOther Community Features Short Term Rental - AllowedBeachCommunity RoomDeed AccessDumpsterElevatorsExercise RoomFishingPoolTV CableWaterfront Green Energy Efficient [] New Construction YN No Pool Type Community Property Condition RenovatedConstruction Complete Property Sub Type Condominium Short Term Rental Allowed Yes Special Listing Conditions [] Tax Amount 5036.02 Tax Year 2024 Utilities Community WaterElectric

Listing courtesy of REV Realty: .


© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Douglas Elliman. Vendor Member number: 28178. Data last updated: 2026-03-15T16:00:33.44.
Vendor Member #28178.
 
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Douglas Elliman
3124 West County Highway 30A
Santa Rosa Beach FL, 32459