Address

10609 Parkhill Circle, Panama City Beach, FL

Listing Type

Active

Price

$ 2,099,000

Your Agent

Jeff Keckler

Broker Associate

850-249-3615

Property Attributes

MLS#772255
TypeMulti-Family
Listing Status Active
CountyBay
CityPanama City Beach
Area03 - Bay County - Beach
NeighborhoodNo Named Subdivision
Zip32407
Style
Year Built2020
Price$ 2,099,000
Bedrooms13
Full Bathrooms15
Half Bathrooms0
Sqr Footage6856

Data Source:

Central Panhandle Association of REALTORS® (CPAR)

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 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.

Elementary School	Middle School	High School
Hutchison Beach Elementary School	Surfside Middle School	Arnold High School

Price History
9/8/2025	Listed $2,499,999
1/3/2026	6$2,350,000
7/9/2026	11$2,099,000

General Features

Sewer	Public Sewer
Utilities	Cable Connected,Electricity Available
Property Subtype	Triplex
Community Features	Short Term Rental Allowed
County	Bay
Property Type	Residential
HOA	false
Subdivision Name	No Named Subdivision
Status	Active
Directions	From 98, South on Richard Jackson Blvd, Left on Middle Beach Road, Right on Churchwell Drive, Left on Parkhill Circle. Duplex & Triplex will be on your Left.
High School	Arnold
City	Panama City Beach
Zoning Description	Resid Multi-Family
MLS Area	03 - Bay County - Beach
Elementary School	Hutchison Beach
Middle/Junior High School	Surfside
MLS Area Minor	0320 - Beach - Middle Central
Standard Status	Active
Property Sub Type Additional	Triplex
Occupancy Type	Tenant
Year Built	2020
Heating	Electric
Cooling	Ceiling Fan(s)
Appliances	Electric Range,Electric Water Heater
Attached Garage	false
Garage Y/N	false
Total Rooms	13
Full Baths	15
Stories Count	2
Levels	Two
New Construction	false
Roof	Metal

Interior Features

Total Baths	15
Furnished Units	All Units
Air Conditioning Y/N	true
Heating Y/N	true
Total Bedrooms	13
LivingAreaSource	Plans
Total Stories	2