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$2,099,000

10609 Parkhill Cir

Panama City Beach, FL
Active
13
Bedrooms
15
Bathrooms
6,856
Square Feet
2020
Year Built
532
Days On Market

* 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.

Listing Information

Listing Updated
07/09/2026
Listed By
Kristen Counts Barr, 8508323728 · Counts Real Estate Group Inc, 8502493615
MLS#
772255
Source
Central Panhandle Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
10609 Parkhill Cir, Panama City Beach, FL 32407
City
Panama City Beach
County
Bay
Neighborhood
No Named Subdivision
Zip Code
32407

Architecture

Bedrooms
13
Bathrooms
15
Stories
2
Year Built
2020
Building Area
6,856 sq. ft.
Roof
Metal
Levels
Two
Garage Spaces
0
Parking Features
Gravel

Features & Amenities

Appliances
Electric Range, Electric Water Heater
Cooling
Ceiling Fan(s)
Heating
Electric

Property Features

Lot Features
Paved
Sewer
Public Sewer
Utilities
Electricity Available, Cable Connected
Zoning
Resid Multi-Family

Square Footage

Total
6,856 sq. ft.

Tax & Financial Information

List Price
$2,099,000

Schools

73/100
J.R. Arnold High School
High · Grades 09–12 · 1.7 mi
City
Panama City Beach
Students
1,755
Parent reviews
5.0★ avg · 4 reviews
Student body
80% White · 7% Hispanic / Latino · 5% Black
Free/reduced lunch
34%
Phone
(850) 767-3700
62/100
Breakfast Point Academy
Elementary · Grades PK–08 · 1.6 mi
City
Panama City Beach
Students
1,044
Parent reviews
3.3★ avg · 6 reviews
Student body
67% White · 14% Hispanic / Latino · 8% Black
Free/reduced lunch
44%
Phone
(850) 767-1190
54/100
Hutchison Beach Elementary School
Elementary · Grades KG–05 · 2.1 mi
City
Panama City Beach
Students
580
Student body
68% White · 14% Hispanic / Latino · 7% Black
Free/reduced lunch
42%
Phone
(850) 767-5195
52/100
Patronis Elementary School
Elementary · Grades KG–05 · 2.8 mi
City
Panama City Beach
Students
650
Student body
74% White · 11% Hispanic / Latino · 9% Two or More Races
Free/reduced lunch
33%
Phone
(850) 767-5075
51/100
Surfside Middle School
7th & Above · Grades PK–12 · 3.2 mi
City
Panama City Beach
Students
762
Parent reviews
2.5★ avg · 4 reviews
Student body
73% White · 13% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
38%
Phone
(850) 767-5180
45/100
A. Gary Walsingham Academy
Elementary · Grades PK–05 · 2.5 mi
City
Panama City Beach
Students
470
Student–teacher
16.7
Student body
56% White · 17% Black · 15% Hispanic / Latino
Free/reduced lunch
40%
Phone
(850) 767-5475

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
04/21/2025Listed for sale$2,099,000

Listed by Kristen Counts Barr · Counts Real Estate Group Inc · 8502493615

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Central Panhandle Association of REALTORS. All rights reserved.

Last Updated: July 9, 2026 at 6:51 PM | Source: Central Panhandle Association of REALTORS | MLS#: 772255

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