10609 Parkhill Circle
Panama City Beach, FL 32407
- 13 beds
- 15 baths
- 6,856 sqft
- $451 per sqft
- 2020 build
- – on site
* 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.
Last checked:
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Last updated Apr 24, 2025
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MLS# 974700 —
The Building
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Year Built:2020
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Building Area Total:6856.0
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Building Area Source:Building Plan
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Architectural Style:Triplex
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Stories:2
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Levels:None
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Exterior Features:Fenced Back Yard
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Window Features:Window Treatment All
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Patio And Porch Features:None
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Accessibility Features:None
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Direction Faces:None
Interior
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Furnished:Furnished - All
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Interior Features:Breakfast Bar, Washer/Dryer Hookup
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Rooms Total:15
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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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.
The Property
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Property Type:Residential
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Property Subtype:Attached Single Unit
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Property Condition:Construction Complete
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Property Attached:None
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Lot Features:Survey Available, Within 1/2 Mile to Water
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Lot Size Dimensions:150 x 101
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Lot Size Units:Acres
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Zoning:Resid Multi-Family
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Possible Use:None
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Parcel Number:34980-000-000
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Topography:None
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Waterfront:No
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Water Body Name:None
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Road Surface Type:Paved
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:LONG BEACH 3RD ADD LOTS 3, 4 & 5 BLK 13 ORB 4178 P 807
Beds
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Bedrooms Total:13
Baths
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Total Baths:15.0
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Total Baths:15
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Full Baths:15
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Ceiling Fans, Central Air
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Cooling:true
Utilities
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Utilities:Electric, Public Water
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Electric:None
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
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Dryer:true
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Washer:true
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Microwave:true
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Dishwasher:true
Schools
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Elementary School:Hutchinson Beach
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Elementary School District:None
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Middle Or Junior School:Surfside
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Middle Or Junior School District:None
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High School:Arnold
The Community
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Subdivision Name:LONG BEACH 3RD ADDN
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Association:No
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Association Amenities:None
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Association Fee:None
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Pool Private:None
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Carport:false
Monthly cost estimate
Asking price
$3,095,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$16,572
|
| Taxes | N/A |
| Insurance | $851 |
| Utilities | $324 See report |
| Total | $17,747/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/24/25
Apr 24, 2025
|
Listed / Active | ECARMLS | $3,095,000 |
