604 Fernwood Street, Panama City Beach, FL 32407

Panama City Beach
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...

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Home facts

  • Year built:1960
  • Listing ID #:786962
  • Added:8 day(s) ago
  • Updated:March 19, 2026 at 02:37 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
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. Better Homes and Gardens Real Estate Historic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Historic, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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