# 10609 Parkhill Circle, Panama City Beach, FL 32407 > **TL;DR:** 13bd/15ba residential multi family, $2,099,000 ($306/sqft), built 2020, 6,856 sqft. > A/C. Est. $11,226/mo. Listed 557 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,099,000 | | Price/sqft | $306 | | Bedrooms | 13 | | Bathrooms | 15 full | | Square Feet | 6,856 | | Year Built | 2020 | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 557 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $10,614 | | Estimated Insurance | $612 | | **Total** | **$11,226** | ## Nearby Schools - **Elementary:** Hutchinson Beach - **Middle:** Surfside - **High:** Arnold ## Key Amenities - A/C ## Property Highlights - Built in 2020 - 2 stories ## Description ### Agent 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. ## Location - **Address:** 10609 Parkhill Circle, Panama City Beach, FL 32407 - **County:** Bay - **Neighborhood:** LONG BEACH 3RD ADDN - **Coordinates:** 30.180254, -85.809705 - **Google Maps:** https://www.google.com/maps?q=30.180254,-85.809705 ## Listing Agent - **Name:** Thomas J Lewis · **License:** 3231512 - **Brokerage:** Counts Real Estate Group, Inc - **Broker Phone:** (850) 231-1483 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/10609-Parkhill-Cir_Panama-City-Beach_FL_32407_M55285-05083?f=listhub&s=ECARMLSFL&m=974700&c=propsimple) ## Photos ![10609 Parkhill Circle - Photo 1](http://lh.rdcpix.com/cff2cabdf3615bb0d79f176849b156c6l-f2191494768r.jpg) ![10609 Parkhill Circle - Photo 2](http://lh.rdcpix.com/cff2cabdf3615bb0d79f176849b156c6l-f499674760r.jpg) ![10609 Parkhill Circle - Photo 3](http://lh.rdcpix.com/cff2cabdf3615bb0d79f176849b156c6l-f818342412r.jpg) ![10609 Parkhill Circle - 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Photo 114](http://lh.rdcpix.com/cff2cabdf3615bb0d79f176849b156c6l-f2465060620r.jpg) ![10609 Parkhill Circle - Photo 115](http://lh.rdcpix.com/cff2cabdf3615bb0d79f176849b156c6l-f3347965108r.jpg) ![10609 Parkhill Circle - Photo 116](http://lh.rdcpix.com/cff2cabdf3615bb0d79f176849b156c6l-f1366775039r.jpg) ![10609 Parkhill Circle - Photo 117](http://lh.rdcpix.com/cff2cabdf3615bb0d79f176849b156c6l-f3483349507r.jpg) --- **MLS#:** 974700 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/10609-parkhill-circle-panama-city-beach-fl-32407-ce6a9935298a4e06acaec42d8bb54309) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/10609-parkhill-circle-panama-city-beach-fl-32407-ce6a9935298a4e06acaec42d8bb54309#listing", "url": "https://www.propertysimple.ai/listing/10609-parkhill-circle-panama-city-beach-fl-32407-ce6a9935298a4e06acaec42d8bb54309", "name": "10609 Parkhill Circle, Panama City Beach, FL 32407", "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. 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