604 Fernwood Street, Panama City Beach, FL 32407
Local realty services provided by:Better Homes and Gardens Real Estate Historic
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 presents a rare opportunity in one of Panama City Beach's most active growth areas....
Contact an agent
Home facts
- Year built:1960
- Subdivision & Development:Hutchison's 1st To Bahama Bch
- Listing ID #:786962
- Added:147 day(s) ago
- Updated:August 13, 2026 at 02:32 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
New listings near 604 Fernwood Street
- New
$448,000Active3 beds 2 baths1,597 sq. ft.315 Summerwood Drive, Panama City Beach, FL 32413
MLS# 793931Listed by: BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA - New
$89,000Active0.09 Acres316 Madison Circle, Panama City Beach, FL 32407
MLS# 793936Listed by: PINEAPPLE PROPERTIES - New
$425,000Active2 beds 2 baths1,308 sq. ft.8558 Dreams Float Court, Panama City Beach, FL 32413
MLS# 793944Listed by: KELLER WILLIAMS REALTY EMERALD - New
$425,000Active2 beds 2 baths1,315 sq. ft.8994 Parrot Place, Panama City Beach, FL 32413
MLS# 793948Listed by: BEACHY BEACH REAL ESTATE - New
$949,000Active4 beds 2 baths1,690 sq. ft.9611 Steel Field Road, Panama City Beach, FL 32413
MLS# 1009757Listed by: EXP REALTY LLC - New
$99,000Active0.84 Acres7905 Yearling Trail #Lot 265, Panama City Beach, FL 32413
MLS# 1009740Listed by: 850 PROPERTIES - SANTA ROSA BEACH - Open Sun, 12 to 3pmNew
$375,000Active3 beds 2 baths864 sq. ft.8419 Elizabeth Avenue, Panama City Beach, FL 32408
MLS# 793911Listed by: LPT REALTY LLC - New
$495,000Active4 beds 2 baths2,347 sq. ft.205 Windsor Way, Panama City Beach, FL 32413
MLS# 793913Listed by: CENTURY 21 ALLPOINTS REALTY - New
$995,000Active6 beds 5 baths3,354 sq. ft.16908 Innocente Avenue, Panama City Beach, FL 32413
MLS# 793916Listed by: EXP REALTY LLC - New
$475,000Active2 beds 2 baths1,144 sq. ft.5801 Thomas Drive #313, Panama City Beach, FL 32408
MLS# 793899Listed by: CHRISTIES INTERNATIONAL REAL ESTATE EMERALD COAST