604 Fernwood Street, Panama City Beach, FL 32407

Panama City Beach
Local realty services provided by:ERA Neubauer Real Estate, Inc.
604 Fernwood Street,Panama City Beach, FL 32407
$650,000
  • 7 Beds
  • 6 Baths
  • 2,556 sq. ft.
  • Multi-family
  • Active
Listed by: dien and andrew group
Office: think real estate
MLS#:786962
Source:FL_BCMLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$254.3

About this home

Unlock the potential of this versatile income-producing property located just off Middle Beach Road in the heart of Panama City Beach. Formerly operated as a motel, this property offers flexible use options for multi-family residential, short-term rental, workforce housing, or commercial conversion (buyer to verify zoning and intended use). The property features 7 bedrooms and 6 bathrooms across approximately 2,556 square feet, providing multiple rental configurations and value-add possibilities. Guests and tenants will enjoy the on-site swimming pool, creating an attractive amenity for vacation or long-term occupancy. Positioned in a highly desirable central beach corridor, the location offers quick access to shopping, dining, attractions, and entertainment, along with convenient proximity to both Front Beach Road and Back Beach Road. Whether you're looking to reposition a former hospitality asset, expand your rental portfolio, or explore redevelopment potential, this property...

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Home facts

  • Year built:1960
  • Subdivision & Development:Hutchison's 1st To Bahama Bch
  • Listing ID #:786962
  • Added:151 day(s) ago
  • Updated:August 17, 2026 at 02:30 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:7
  • Living area:2,556 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, WindowUnits

Structure and exterior

  • Year built:1960
  • Building area:2,556 sq. ft.
  • Lot area:0.42 Acres
  • Construction Materials:Block
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:Hutchison Beach

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$254.3
  • Tax amount:$5,450 (2025)

Features and amenities

  • Pool features:InGround, Private

Parking

  • Parking description:Unpaved
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