10609 Parkhill Circle, Panama City Beach

$2,350,000

13 Beds
15 Baths
6,856 Sqft
0 Acres
0 Garages

* 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 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.

Essential Information
MLS® #974700
Price$2,350,000
Bedrooms13
Bathrooms15.00
Full Baths15
Square Footage6,856
Year Built2020
TypeResidential
Sub-TypeTownhouse
StyleTriplex
StatusActive
Community Information
Address10609 Parkhill Circle
Area27 - Bay County
SubdivisionLONG BEACH 3RD ADDN
CityPanama City Beach
CountyBay
StateFL
Zip Code32407
Utilities

Electric, Public Sewer, Public Water

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features

Breakfast Bar, Washer/Dryer Hookup

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
Exterior FeaturesPrivate Yard
WindowsWindow Treatments
RoofMetal
Lot Description

Survey Available, Within 1/2 Mile to Water

School Information
ElementaryHutchinson Beach
MiddleSurfside
HighArnold
Additional Information
Days on Website323
ZoningResid Multi-Family
Listing Details
OfficeCounts Real Estate Group Inc
Property History
Price Reduced from $2,499,000 to $2,350,000
Price Reduced from $2,699,000 to $2,499,000
Price Reduced from $2,950,000 to $2,699,000
Price Reduced from $3,095,000 to $2,950,000
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Vendors Member Number : 28325

Listing information last updated on March 12th, 2026 at 11:22pm CDT.