15817 Front Beach RD #507 Panama City Beach, FL 32413
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 841 sqft
Price per Sqft $576
Subdivision Calypso Towers I
MLS Listing ID 779876
Style High Rise
Bedrooms 1
Full Baths 2
HOA Y/N Yes
Year Built 2006
Annual Tax Amount $5,507
Tax Year 2025
Property Sub-Type Condominium
Property Description
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 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 units
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 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.
Location
State FL
County Bay
Community Barbecue, Beach, Clubhouse, Elevator, Game Room, Pool, Community Pool, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Handicap Access
Heating Electric
Cooling Central Air
Fireplace No
Appliance Washer/Dryer Stacked, Electric Oven, Electric Water Heater
Laundry Stacked
Exterior
Parking Features Parking Lot
Pool In Ground, Community
Community Features Barbecue, Beach, Clubhouse, Elevator, Game Room, Pool, Community Pool, Short Term Rental Allowed
Utilities Available Cable Connected
Waterfront Description Shoreline - Sand
View Y/N Yes
Water Access Desc Shoreline - Sand
View Gulf
Porch Balcony
Private Pool No
Building
Sewer Public Sewer
Architectural Style High Rise
New Construction No
Schools
Elementary Schools Hutchison Beach
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 33802-200-043
Virtual Tour https://ecarvideos.org/uploads/Calypso1-507.mp4
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