10609 Parkhill Circle, Panama City Beach, FL 32407

$2,499,000
Property Type: Residential Bedrooms: 13 Baths: 15 Square Footage: 6,856 Status: Active
Current Price: $2,499,000 List Date: 4/24/2025 Last Modified: 8/18/2025

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 six

Supplements: 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 watersmaking 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# 974700

Status Change Info

Status: Active

Contract Info

List Date: 2025-04-24 Current Price: $2,499,000 List Price: $2,499,000 List Price/SqFt: 364.5 Listing Board: Emerald Coast

Location Tax and Legal

Area: 27 - Bay County Street #: 10609 Street Name: Parkhill Street Suffix: Circle State: FL Zip Code: 32407 County: Bay Project Name/Subdivision: LONG BEACH 3RD ADDN Parcel ID: 34980-000-000

General Property Info

Sub-Type: Attached Single Unit Design: Triplex Apx SqFt(Htd/Cooled): 6856 SqFt Source: Building Plan Bedrooms: 13 Full Baths: 15 Total Bathrooms: 15 # Stories: 2 Year Built: 2020 Garage: No Carport: No Pool: No Pool Type: None

Property Features

Construction Status: Construction Complete Lot Features: Survey Available; Within 1/2 Mile to Water Zoning: Resid Multi-Family Exterior: Fenced Back Yard Interior: Breakfast Bar; Furnished - All; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Bedroom: First; Second Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room Existing Leases: Daily/Weekly

Room Information

Bedroom Level: First Dimensions: 12.69 x 10.32 Length: 12.69 Width: 10.32 Remarks: Triplex Dimensions: 12.69 x 10.32 Bedroom Level: Second Dimensions: 14.08 x 10.91 Length: 14.08 Width: 10.91 Remarks: Triplex Dimensions: 14.08 x 10.91 Bedroom Level: Second Dimensions: 10.95 x 12.83 Length: 10.95 Width: 12.83 Remarks: Triplex Dimensions: 10.95 x 12.83 Living Room Level: First Dimensions: 12.76 x 17.28 Length: 12.76 Width: 17.28 Remarks: Triplex Dimensions: 12.76 x 17.28 Kitchen Level: First Dimensions: 10.92 x 16.35 Length: 10.92 Width: 16.35 Remarks: Triplex Dimensions: 10.92 x 16.35 Bedroom Level: Second Dimensions: 14.08 x 12.47 Length: 14.08 Width: 12.47 Remarks: Duplex Dimensions: 14.08 x 12.47 Bedroom Level: Second Dimensions: 10.13 x 13.92 Length: 10.13 Width: 13.92 Remarks: Duplex Dimensions: 10.13 x 13.92 Bedroom Level: First Dimensions: 12.69 x 10.32 Length: 12.69 Width: 10.32 Remarks: Triplex Dimensions: 12.69 x 10.32 Bedroom Level: Second Dimensions: 14.08 x 10.91 Length: 14.08 Width: 10.91 Remarks: Triplex Dimensions: 14.08 x 10.91 Bedroom Level: Second Dimensions: 10.95 x 12.83 Length: 10.95 Width: 12.83 Remarks: Triplex Dimensions: 10.95 x 12.83 Living Room Level: First Dimensions: 15.9 x 14.03 Length: 15.90 Width: 14.03 Remarks: Duplex Dimensions: 15.9 x 14.03 Kitchen Level: First Dimensions: 10.99 x 19.21 Length: 10.99 Width: 19.21 Remarks: Duplex Dimensions: 10.99 x 19.21 Living Room Level: First Dimensions: 12.76 x 17.28 Length: 12.76 Width: 17.28 Remarks: Triplex Dimensions: 12.76 x 17.28 Kitchen Level: First Dimensions: 10.92 x 16.35 Length: 10.92 Width: 16.35 Remarks: Triplex Dimensions: 10.92 x 16.35 Living Room Level: First Dimensions: 12.76 x 17.28 Length: 12.76 Width: 17.28 Remarks: Triplex Dimensions: 12.76 x 17.28
Listing Office: Counts Real Estate Group Inc
Last Updated: August - 18 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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