10609 Parkhill Cir - Apartments FOR SALE


Panama City Beach, FL 32407
$2,949,000 USD
850-814-9889
10609 Parkhill Cir, Panama City Beach, FL for Sale
$2,949,000 USD
Apartments - FOR SALE
1/117
null | Request Cap Rate

10609 Parkhill Cir
Panama City Beach, FL 32407


HIGHLIGHTS

  • close to beach
  • Shopping and entertainment close by

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,949,000 USD

PRICE/SF

$430 USD /SF

# OF UNITS

5

PRICE/UNIT

$589,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkhill Triplex/Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

Commercail

APN/PARCEL ID

34980-000-000

ASK ABOUT THIS PROPERTY

Chris McCall, SIORCounts Real Estate Group Inc.- Commercial DivisionMore Info
850-814-9889

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Chris McCall, SIORCounts Real Estate Group Inc.- Commercial DivisionMore Info
850-814-9889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.