About This Home

This 13-bedroom, 15-bathroom residential multi family at 10609 Parkhill Circle in Panama City Beach, FL is listed for $2,099,000 ($306 per sqft). Built in 2020, the home offers 6,856 sqft of living space on a N/A lot.

Key Features

  • Built in 2020
  • 2 stories

Property Details

2 stories
15 full
2020

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$11,226/mo

20% down · 6.5% · 30 years

Principal$1,518
Interest$9,096
Insurance$612

Estimates only. Actual payments may vary.

Location

10609 Parkhill Circle

Panama City Beach, FL 32407

LONG BEACH 3RD ADDN

Features & Amenities

Interior Features

Breakfast BarWasher/Dryer Hookup

Exterior Features

Fenced Back Yard

Property Details

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRefrigeratorStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 13-bedroom, 15-bathroom residential multi family at 10609 Parkhill Circle is listed at $2,099,000 ($306/sqft). The estimated monthly payment is $11,226 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2020, 2 stories. Interior Features: Breakfast Bar, Washer/Dryer Hookup. Exterior Features: Fenced Back Yard.

This property is listed by Thomas J Lewis.

TL

Thomas J Lewis

License 3231512

Agent at Counts Real Estate Group, Inc

Listed by Counts Real Estate Group, Inc · Broker phone: (850) 231-1483 · View on Broker Site · Broker website

MLS# 974700· Source: Emerald Coast Association of Realtors· 554 days on PropertySimple

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.

10609 Parkhill Circle, Panama City Beach, FL 32407

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