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For sale
  • $3,095,000

    10609 Parkhill Cir, Panama City Beach, FL 32407

    13beds
    6,856sqft
    : 
    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 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.
    5 days
    on Zillow
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    156
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    11
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    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#: 772255MLS LogoOriginating MLS: Central Panhandle Association of REALTORS
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 10609 Parkhill Cir.

    Next available tour time:Today at 11am

    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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