604 Fernwood ST, Panama City Beach, FL 32407
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604 Fernwood ST, Panama City Beach, FL 32407
604 Fernwood ST, Panama City Beach, FL 32407
604 Fernwood ST, Panama City Beach, FL 32407
604 Fernwood ST, Panama City Beach, FL 32407
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$ 650,000
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Pending

604 Fernwood ST Panama City Beach, FL 32407

7 Beds

6 Baths

2,556 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,556 sqft

Price per Sqft $254

Subdivision Hutchison'S 1St To Bahama Bch

MLS Listing ID 786962

Bedrooms 7

Full Baths 6

HOA Y/N No

Year Built 1960

Annual Tax Amount $5,450

Tax Year 2025

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Heating Varies by Unit

Cooling Ceiling Fan(s), Window Unit(s)

Fireplace No

Exterior

Parking Features Unpaved

Pool In Ground, Private

Community Features Short Term Rental Allowed

Private Pool Yes

Building

Lot Description Paved

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Level or Stories One

New Construction No

Schools

Elementary Schools Hutchison Beach

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 34201-000-000

Special Listing Condition Listed As-Is


Listed by Think Real Estate
Beckie Gestring

Beckie Gestring

Realtor | Military Relocation Professional | License ID: SL3633149

+1(850) 965-2335

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604 Fernwood ST