10609 Parkhill Circle, Panama City Beach, FL 32407
$2,499,999
Property Type:
Residential
Bedrooms:
13
Baths:
15
Square Footage:
6,856
Status:
Active
Current Price:
$2,499,999
List Date:
4/21/2025
Last Modified:
8/16/2025
Description
* 5 Doors from the Shore - Invest in Style & Income!*
Investor's dream in Panama City Beach! This exceptional turnkey rental package includes a beautifully designed triplex and duplex, sold together and fully furnished for immediate income generation. Built in 2020, the triplex offers over 4,000 square feet of thoughtfully planned space, featuring 9 bedrooms and 9 bathrooms across three individually themed units: The Beach Cabana, The Groovy Shack, and Welcome to Paradise. Each unit is uniquely styled to provide guests with a one-of-a-kind, Instagram-worthy experience, complete with private entrances, vibrant exterior doors, and modern coastal finishes that capture the laid-back beach vibe.
The adjoining duplex adds another 2,800 square feet of living space, offering 4 bedrooms and 6 bathrooms across two distinct units: The Surf House and The Tropical House. Like the triplex, these units continue the playful, curated design aesthetic and are optimized for maximum guest appeal and rental performance. Every unit has been thoughtfully furnished and is fully equipped, making this a true plug-and-play investment opportunity.
Guests will love the short walk to the Gulf, where they can enjoy white sandy beaches and turquoise waters—making these rentals even more attractive in Panama City Beach's thriving vacation market. With strong rental history and impressive income (figures available upon request), this property is already a high-performing asset with even more room to grow.
Plans are in place for a 3-bedroom townhouse to be added on the west side of the lot, offering future expansion potential and additional income opportunities. Located just minutes from popular dining, shopping, and entertainment, this property package delivers the perfect combination of location, lifestyle, and long-term value. Whether you're looking to expand your portfolio or break into the short-term rental space, this opportunity checks all the boxes.
More Information MLS# 772255
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 364.64
Status: Active
List Date: 2025-04-21
List Price: $2,499,999
Current Price: $2,499,999
Location
Sub Area: 0320 - Beach - Middle Central
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From 98, South on Richard Jackson Blvd, Left on Middle Beach Road, Right on Churchwell Drive, Left on Parkhill Circle. Duplex & Triplex will be on your Left.
Area: 03 - Bay County - Beach
Street #: 10609
Street Name: Parkhill
Street Suffix: Circle
State: FL
Zip Code: 32407
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 34980-000-000
Legal Description: LONG BEACH 3RD ADD LOTS 3, 4 & 5 BLK 13 ORB 4178 P 807
General Property Info
Design: N/A
Apx SqFt(Htd/Cooled): 6856
Construction Status: Construction Complete
SqFt Source: Builders Plans
# of Stories in Building: 2
Lot Dimensions: 150x101
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Triplex Multi-Units
Bedrooms: 13
Full Baths: 15
Total Baths: 15
Year Built: 2020
Remarks & Misc
Remarks: * 5 Doors from the Shore - Invest in Style & Income!*
Investor's dream in Panama City Beach! This exceptional turnkey rental package includes a beautifully designed triplex and duplex, sold together and fully furnished for immediate income generation. Built in 2020, the triplex offers over 4,000 square feet of thoughtfully planned space, featuring 9 bedrooms and 9 bathrooms across three individually themed units: The Beach Cabana, The Groovy Shack, and Welcome to Paradise. Each unit is uniquely styled to provide guests with a one-of-a-kind, Instagram-worthy experience, complete with private entrances, vibrant exterior doors, and modern coastal finishes that capture the laid-back beach vibe.
The adjoining duplex adds another 2,800 square feet of living space, offering 4 bedrooms and 6 bathrooms across two distinct units: The Surf House and The Tropical House. Like the triplex, these units continue the playful, curated design aesthetic and are optimized for maximum guest appeal and rental performance. Every unit has been thoughtfully furnished and is fully equipped, making this a true plug-and-play investment opportunity.
Guests will love the short walk to the Gulf, where they can enjoy white sandy beaches and turquoise waters—making these rentals even more attractive in Panama City Beach's thriving vacation market. With strong rental history and impressive income (figures available upon request), this property is already a high-performing asset with even more room to grow.
Plans are in place for a 3-bedroom townhouse to be added on the west side of the lot, offering future expansion potential and additional income opportunities. Located just minutes from popular dining, shopping, and entertainment, this property package delivers the perfect combination of location, lifestyle, and long-term value. Whether you're looking to expand your portfolio or break into the short-term rental space, this opportunity checks all the boxes.
Appliances
Dryer: 1
Microwave: 1
Range - Electric: 1
Washer: 1
Water Heater - Electric: 1
Interior Features
Breakfast Bar: 1
Floor - Vinyl Plank: 1
Construction/Siding
Roof - Metal: 1
Exterior
Fenced Back Yard: 1
Furnished
Furnished: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Within 1/2 Mile to Water: 1
Lot Access
Paved Road: 1
Parking Features
Driveway: 1
Gravel: 1
Present Zoning
Resid Multi-Family: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Bedroom
First: 1
Second: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Heating
Electric: 1
Property Features
Appliances: Dryer; Microwave; Range - Electric; Washer; Water Heater - Electric
Bedroom: First; Second
Cooling: Ceiling Fan(s); Electric
Heating: Electric
Exterior: Fenced Back Yard
Furnished: Furnished
Kitchen: First
Living Room: First
Lot Features: Within 1/2 Mile to Water
Lot Access: Paved Road
Parking Features: Driveway; Gravel
Rooms: Bedroom; Kitchen; Living Room
Utilities: TV Cable; Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Multi-Family
Room Information
Living Room
Level: First
Dimensions: 12.76 x 17.28
Length: 12.76
Width: 17.28
Dimensions: 12.76 x 17.28
Remarks: Triplex
Kitchen
Level: First
Dimensions: 10.92 x 16.35
Length: 10.92
Width: 16.35
Dimensions: 10.92 x 16.35
Remarks: Triplex
Bedroom
Level: First
Dimensions: 12.69 x 10.32
Length: 12.69
Width: 10.32
Dimensions: 12.69 x 10.32
Remarks: Triplex
Bedroom
Level: Second
Dimensions: 14.08 x 10.91
Length: 14.08
Width: 10.91
Dimensions: 14.08 x 10.91
Remarks: Triplex
Bedroom
Level: Second
Dimensions: 10.95 x 12.83
Length: 10.95
Width: 12.83
Dimensions: 10.95 x 12.83
Remarks: Triplex
Living Room
Level: First
Dimensions: 15.9 x 14.03
Length: 15.90
Width: 14.03
Dimensions: 15.9 x 14.03
Remarks: Duplex
Kitchen
Level: First
Dimensions: 10.99 x 19.21
Length: 10.99
Width: 19.21
Dimensions: 10.99 x 19.21
Remarks: Duplex
Bedroom
Level: Second
Dimensions: 14.08 x 12.47
Length: 14.08
Width: 12.47
Dimensions: 14.08 x 12.47
Remarks: Duplex
Bedroom
Level: Second
Dimensions: 10.13 x 13.92
Length: 10.13
Width: 13.92
Dimensions: 10.13 x 13.92
Remarks: Duplex
Living Room
Level: First
Dimensions: 12.76 x 17.28
Length: 12.76
Width: 17.28
Dimensions: 12.76 x 17.28
Remarks: Triplex
Bedroom
Level: First
Dimensions: 12.69 x 10.32
Length: 12.69
Width: 10.32
Dimensions: 12.69 x 10.32
Remarks: Triplex
Bedroom
Level: Second
Dimensions: 14.08 x 10.91
Length: 14.08
Width: 10.91
Dimensions: 14.08 x 10.91
Remarks: Triplex
Bedroom
Level: Second
Dimensions: 10.95 x 12.83
Length: 10.95
Width: 12.83
Dimensions: 10.95 x 12.83
Remarks: Triplex
Listing Office:
Counts Real Estate Group Inc
Last Updated: August - 16 - 2025
Information deemed reliable but not guaranteed.