Property
Beds
1
Full Baths
2
1/2 Baths
None
Year Built
2006
Sq.Footage
N/A
High-Performing Short-Term Rental | $50K+ Gross Income | Gulf-Front at Calypso Resort 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.
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Other Exterior Features
Balcony
-
Parking
Parking Lot
-
Pool
Yes
-
Pool Features
In Ground, Community
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Waterfront
-
Property Type
Residential
-
Architectural Style
HighRise
Price
-
Sales Price
$484,500
-
Tax Amount
5507.0
-
Zoning
Resort
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
Yes
-
Association Fee Includes
N/A
School District
-
Elementary School
Hutchison Beach
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
Accessibility Features
Accessible Entrance
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold
Listing Courtesy of Maria Howell , Rev Realty Florida, LLC
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AGENT
Kaitlin Palmer
Call Kaitlin today to schedule a private showing.
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