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10609 Parkhill Circle

Panama City Beach, FL 32407
  • $2,950,000
  • STATUS: Active
  • ON SITE: 74 Days
  • MLS #: 974700
UPDATED: 57 min ago
$2,950,000
  • 13
    BEDS
  • N/A
    ACRES
  • 15
    BATHS
  • 0
    1/2 BATHS
  • 6,856
    SQFT
  • $430
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
2020
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:

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 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.

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© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is 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 is deemed reliable but is not guaranteed accurate by the MLS or Rish Real Estate Group. Vendor Member number: 28178. Data last updated: 2025-07-08T10:00:44.127.
Vendor Member #28178.
www.rishrealestategroup.com/homes/162933680
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10609 Parkhill Circle Panama City Beach, FL 32407

  • Price: $2,950,000
  • Status: Active
  • On Site: 74 Days
  • Updated: 57 min ago
  • MLS #: 974700
13
Beds
15
Baths
0
½ Baths
N/A
Acres
6,856
SQFT
$430
$/SQFT
2020
Built
Neighborhood:
Long Beach 3Rd Addn
County:
Bay
Area:
Bay County
Elementary School:
Hutchinson Beach
Middle School:
Surfside
High School:
Arnold
Property 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 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.
Exterior Features

Architectural Style Triplex Carport YN No Construction Materials [] Exterior Features Fenced Back Yard Lot Features Survey AvailableWithin 1/2 Mile to Water Lot Size Dimensions 150 x 101 Parking Features [] Pool YN No Road Frontage Type [] Road Surface Type Paved View [] Waterfront Features []

Interior Features

Appliances DishwasherDryerMicrowaveRefrigeratorStove/Oven ElectricWasherWater Heater - Elect Cooling Ceiling FansCentral Air Cooling YN Yes First Floor Bedroom Yes Heating Central Heating YN Yes Interior Features Breakfast BarWasher/Dryer Hookup Rooms Total 15

Property Features

Association Fee Includes [] Buyer Financing [] Community Features [] Green Energy Efficient [] New Construction YN No Pool Type None Property Condition Construction Complete Property Sub Type Attached Single Unit Special Listing Conditions [] Utilities ElectricPublic Water Zoning Resid Multi-Family

Listing courtesy of Counts Real Estate Group Inc: 850-249-1414.


© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is 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 is deemed reliable but is not guaranteed accurate by the MLS or Rish Real Estate Group. Vendor Member number: 28178. Data last updated: 2025-07-08T10:00:44.127.
Vendor Member #28178.
 
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Rish Real Estate Group
155 W Hwy 98
Port St. Joe FL, 32456