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$484,500

  • For Sale
  • Active
  • Condo / Townhouse
  • 1 Bed
  • 2 Full Baths
  • 841 Sq. Ft.
  • Updated 5 days ago
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High-Performing Short-Term Rental | $50K+ Gross Income | 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 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 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.

Full Property Details for 15817 Front Beach Rd #1-507

General

  • Price: $484,500
  • Taxes: $5,036 (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Emerald_Coast
  • MLS ID: 973077
  • Updated: 1/12/2026
  • Added to Site: 288 day(s) ago

Interior

  • Rooms/Areas: Balcony, Full Bathroom, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Interior Features: Breakfast Bar, Ceiling Raised, Floor Tile, Floor WW Carpet, Furnished - All, Hallway Bunk Beds, Owner's Closet, Renovated, Washer/Dryer Hookup, Window Treatment All
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen

Additional Information

  • Shared Amenities: Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Pool, Short Term Rental - Allowed, TV Cable, Waterfront
  • Pool: Yes

Exterior

  • Exterior Features: Balcony
  • Patio/Balcony: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking: Garage

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: Calypso Resort & Towers
  • Driving Directions: GPS directions are accurate. Located on Gulf side of Front Beach Road just west of PCB Russell-Fields Fishing Pier and directly across from Pier Park. Parking on north side next to garage. Enter east build #1 unit is on 5th floor numbered 1-507

School Information

  • Elementary School: Hutchinson Beach
  • Middle School: Surfside
  • High School: Bay

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Community Sewer, Community Water, Electric

Structural Information

  • Construction: Concrete, Stucco
  • Stories/Levels: 0
  • Stories in Building: 22
  • Square Feet: 841
  • Sq. Ft. Source: County PA Records
  • Year Built: 2006

Lot Features

  • Property View: Gulf

Water Features

  • Water Front Type: Gulf

Financial Considerations

  • Assessment Amount: $2,092
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $5,036
  • Tax Year: 2024
  • Terms: Conventional, Other

Disclosures and Reports

  • Legal Description: CALYPSO TOWERS I UNIT 1-507 TYPE D ORB 3154 P 1314 1BR/2BA . 945 SQ.FT. . 841 H&C
  • Assessment: Yes
  • APN: 33802-200-043

Listed by REV Realty

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— 15817 Front Beach Rd #1-507 —

  • REV Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 15817 Front Beach Rd #1-507

School District:Bay County School District
NameGradesDistance
Hutchison Beach Elementary School
12900 Middle Beach Rd, Panama City, FL 32407
K-52.4 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-81.4 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-123.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15817 Front Beach Rd #1-507 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/29/2025
Price Reduced
$484,500
-1.02%
MLS
10/14/2025
Price Reduced
$489,500
-1.01%
MLS
10/02/2025
Price Reduced
$494,500
-1%
MLS
4/04/2025
Listed
$499,500
13.36%
MLS
4/28/2022
Sold
$440,625
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15817 Front Beach Rd #1-507

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,427
—
$426,275
—
2023
$5,428
35%
$426,275
13%
2022
$4,007
19%
$378,208
41%
2021
$3,365
7%
$267,750
6%
2019
$3,138
11%
$252,450
10%
2018
$2,837
11%
$229,500
2%
2017
$2,554
1%
$223,975
3%
2016
$2,520
—
$217,175
5%
2015
$2,518
12%
$207,477
10%
2014
$2,257
15%
$188,615
4%
2013
$1,963
—
$180,880
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 15817 Front Beach Rd #1-507

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NMLS#: 1598647

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15817 Front Beach Road #1-507, Panama City Beach, FL 32413 (MLS# 973077) is a Condo / Townhouse property with 1 bedroom and 2 full bathrooms. 15817 Front Beach Road #1-507 is currently listed for $484,500 and was received on April 04, 2025. Want to learn more about 15817 Front Beach Road #1-507? Do you have questions about finding other Condo / Townhouse real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

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