15928 Front Beach Road Unit: 3-404

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. If you're looking for one of the highest cap rate investment returns along the Emerald Coast, you've found it! With $60K in gross rentals, this coastal gem generating a 12% cap rate in Calypso Towers III makes a compelling vacation rental investment property. Located on the 4th floor in PCB's newest high rise, this unit offers amazing gulf views and the ultimate in modern luxury. The largest 1B/2B plan with 1,074 square feet has incredible gulf views from both the master and living areas. This turnkey, fully furnished unit is the lowest priced and best value unit in this prime Front Beach Rd location.A well-appointed kitchen with upgraded appliance package overlooks a spacious, light-filled living room with queen sleeper sofa.