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About This Home

This 13-bedroom, 15-bathroom residential multi family at 10609 Parkhill Circle in Panama City Beach, FL is listed for $2,350,000 ($343 per sqft). Built in 2020, the home offers 6,856 sqft of living space on a N/A lot.

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 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.

Key Features

  • Built in 2020
  • 2 stories

Property Details

2 stories
15 full
2020

Amenities

A/C

Monthly Cost Estimate

$12,568/mo

20% down · 6.5% · 30 years

Principal$1,700
Interest$10,183
Insurance$685

Estimates only. Actual payments may vary.

Location

10609 Parkhill Circle

Panama City Beach, FL 32407

No Named Subdivision

Property Details

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)

Appliances

ElectricRangeElectricWaterHeater

Questions & Answers

This 13-bedroom, 15-bathroom residential multi family at 10609 Parkhill Circle is listed at $2,350,000 ($343/sqft). The estimated monthly payment is $10,183 based on 20% down at 6.5% interest.

Key features include: Built in 2020, 2 stories.

This property is listed by Kristen Counts Barr and can be reached at 8508323728 or kristen.barr@countsrealestate.com.

KB

Kristen Counts Barr

Agent at Counts Real Estate Group Inc

(850) 832-3728

Listed by Counts Real Estate Group Inc · View on Broker Site

MLS# 772255· Source: listhub· Updated 406 days ago

Copyright © 2026 Central Panhandle 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.

10609 Parkhill Circle, Panama City Beach, FL 32407

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