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604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
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604 Fernwood Street
604 Fernwood Street
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604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
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604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
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604 Fernwood Street
604 Fernwood Street
604 Fernwood Street
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For Sale

604 Fernwood Street

604 Fernwood Street, Panama City Beach, FL 32407

$650,000
$650,000

604 Fernwood Street

7 Beds 6 Baths 2,556 Sq.Ft. 0.42 Acres

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Description

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 presents a rare opportunity in one of Panama City Beach's most active growth areas.

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Location

604 Fernwood Street, Panama City Beach, FL 32407

Status

For Sale

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms6
  • full bathrooms6

Area & Lot

  • Status For Sale
  • Living Area2,556 Sq.Ft.
  • Total Area2,556 Sq.Ft.
  • Lot Area0.42 Acres
  • MLS® ID786962
  • TypeMulti-Family
  • YEAR BUILT1960
  • NeighborhoodPanama City Beach
  • Elementary SchoolHutchison Beach
  • Middle SchoolSurfside
  • High SchoolArnold

Exterior

  • STORIES1
  • PoolIn Ground, Private
  • lot featuresPaved
  • parkingUnpaved
  • HEAT TYPEVaries by Unit
  • AIR CONDITIONINGCeiling Fan(s), Window Unit(s)
  • sewerPublic Sewer
  • SubstructureSlab

Financial

  • Sales Price$650,000
  • Real Estate Tax $5,450/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 604 Fernwood Street, Panama City Beach, FL 32407. We are reviewing your request and will be in touch shortly!
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Contact Details

Think Real Estate

Phone

(850) 270-4200

Email

[email protected]

Address

2810 Martin Luther King Jr Blvd Suite C Panama City FL 32405

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By providing your contact information to Think Real Estate, your personal information will be processed in accordance with Think Real Estate's Privacy Policy. By checking the box(es) below, you consent to receive communications regarding your real estate inquiries and related marketing and promotional updates in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. You may opt out of receiving further communications from Think Real Estate at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe.

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