10609 Parkhill Circle, Panama City Beach, FL 32407
No Named Subdivision · Bay County
Key Facts
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.
Property Information
Property Type
Residential
Sub-Type
Triplex
Year Built
2020
Stories
2
Living Area
6,856 sq ft
Lot Dimensions
150x101
Days on Market
444
MLS® Listing#
772255
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Fencing
Lot Features
Roof
Utilities
Sewer
Rooms
- Bedroom12.69 x 10.32First
- Bedroom10.13 x 13.92Second
- Bedroom14.08 x 10.91Second
- Bedroom14.08 x 12.47Second
- Bedroom12.69 x 10.32First
- Bedroom10.95 x 12.83Second
- Bedroom14.08 x 10.91Second
- Bedroom10.95 x 12.83Second
- Kitchen10.92 x 16.35First
- Kitchen10.99 x 19.21First
- Living Room12.76 x 17.28First
- Living Room12.76 x 17.28First
- Living Room15.9 x 14.03First
Schools
- Elementary:
- Hutchison Beach
- Middle:
- Surfside
- High:
- Arnold
Financial Details
HOA
None
Parcel Number
34980-000-000
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.
Affordability Calculator
$419,800
Estimated monthly payment
$11,172/mo
Principal $1,679,200 · Est. interest $2,342,633 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City Beach, FL
- $471,320
- Median Listing Price
- 117
- Median Days on Market
- 1,450
- Median Sq Ft
- $353
- Median Price / Sq Ft
- 31,383
- Active Listings
- This home’s price is 345% above the area median.
- Its price per sq ft is 13% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.
Location
Points of Interest in Panama City Beach, FL
Showing the Panama City Beach area map.
Nearby Schools
Primary Prep School
Elementary · 0.4 mi away
St Bernadette Early Childhood Development Center
School · 1.2 mi away
Arnold Pre K
Secondary · 1.3 mi away
Breakfast Point Academy
School · 1.6 mi away
JR Arnold High School
Secondary · 1.7 mi away
Twisted Fork Culinary Classroom
School · 1.9 mi away
Surfside Kids Academy
School · 1.9 mi away
Hutchison Beach Elementary School
Elementary · 2.1 mi away
Patronis Elementary School
Elementary · 2.9 mi away
Surfside Middle School
Secondary · 3.2 mi away
Learning Tree II-Child Development Center
School · 3.3 mi away
Stacey's Fun in the Sun Preschool 2 Inc.
School · 3.3 mi away
PCB Academy
School · 5.6 mi away
Lucille Moore Elementary School
Elementary · 6.1 mi away
St Andrew School
School · 6.4 mi away
Gulf Coast School for Autism
School · 6.8 mi away
Bacot Academy
School · 7.0 mi away
St. Andrew School at Oakland Terrace
Elementary · 7.1 mi away
Oakland Terrace School for the Arts
School · 7.1 mi away
Covenant Christian School
School · 7.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 404 S Ridgewood Avenue, Daytona Beach, FL | $1,650,000 | 30 | 12 | 7,746 |
| 404 S RIDGEWOOD AVENUE, DAYTONA BEACH, FL | $1,650,000 | 31 | 13 | 16,021 |
| 502 N Halifax Avenue, Daytona Beach, FL | $1,750,000 | 19 | 11 | 7,533 |
| 206 22ND AVENUE, INDIAN ROCKS BEACH, FL | $2,300,000 | 12 | 6 | 4,556 |
| 10609 Parkhill Circle, Panama City Beach, FL | $2,350,000 | 13 | 15 | 6,856 |
| 1200 Surf Road, West Palm Beach, FL | $2,700,000 | 12 | 6 | 5,931 |
Moving Cost Estimate
EXIT Agents in Panama City Beach
Listing Courtesy: Counts Real Estate Group Inc - 8502493615