* 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.
For sale
$3,095,000
10609 Parkhill Cir, Panama City Beach, FL 32407
13beds
6,856sqft
Est.:
Triplex, Multi Family
Built in 2020
-- sqft lot
$2,862,900 Zestimate®
$451/sqft
$-- HOA
What's special
Modern coastal finishesPrivate entrancesTurquoise watersMaximum guest appealWhite sandy beachesIndividually themed unitsVibrant exterior doors
- 5 days
- on Zillow |
- 156 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 09:50am
Listed by:
Kristen Counts Barr 850-832-3728,
Counts Real Estate Group Inc
Source: CPAR,MLS#: 772255
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 15
- Full bathrooms: 15
Bedroom
- Description: Triplex
- Level: Second
- Area: 153.61
- Dimensions: 14.08 x 10.91
Bedroom
- Description: Duplex
- Level: Second
- Area: 141.01
- Dimensions: 10.13 x 13.92
Bedroom
- Description: Triplex
- Level: First
- Area: 130.96
- Dimensions: 12.69 x 10.32
Bedroom
- Description: Triplex
- Level: Second
- Area: 140.49
- Dimensions: 10.95 x 12.83
Bedroom
- Description: Triplex
- Level: Second
- Area: 153.61
- Dimensions: 14.08 x 10.91
Bedroom
- Description: Duplex
- Level: Second
- Area: 175.58
- Dimensions: 14.08 x 12.47
Bedroom
- Description: Triplex
- Level: First
- Area: 130.96
- Dimensions: 12.69 x 10.32
Bedroom
- Description: Triplex
- Level: Second
- Area: 140.49
- Dimensions: 10.95 x 12.83
Kitchen
- Description: Duplex
- Level: First
- Area: 211.12
- Dimensions: 10.99 x 19.21
Kitchen
- Description: Triplex
- Level: First
- Area: 178.54
- Dimensions: 10.92 x 16.35
Living room
- Description: Triplex
- Level: First
- Area: 220.49
- Dimensions: 12.76 x 17.28
Living room
- Description: Triplex
- Level: First
- Area: 220.49
- Dimensions: 12.76 x 17.28
Living room
- Description: Duplex
- Level: First
- Area: 223.08
- Dimensions: 15.9 x 14.03
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Electric Range, Electric Water Heater, Microwave, Washer
Features
- Breakfast Bar
- Furnished: Yes
Interior area
- Total interior livable area: 6,856 sqft
Property
Parking
- Parking features: Driveway, Gravel
Features
- Fencing: Fenced
Lot
- Size: 0.35 Acres
- Dimensions: 150 x 101
Details
- Parcel number: 34980000000
- Zoning description: Resid Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Roof: Metal
Condition
- Year built: 2020
Utilities & green energy
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: No Named Subdivision
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $451/sqft
- Tax assessed value: $400,295
- Annual tax amount: $4,517
- Date on market: 4/21/2025
- Road surface type: Paved
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