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    Bay County, FL Hospitality Properties for Sale

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    Panama City Beach Multifamily Opportunity
    Updated: Mar 18
    Panama City Beach Multifamily Opportunity

    604 Fernwood Street, Panama City Beach, FL 32407

    $650,000
    2,556 sqft 0.42 AC lot
    Prime location in the heart of Panama City Beach, just off Middle Beach Road.
    Versatile Commercial High Intensity zoning allows for multi‑family residential, short‑term rental, workforce housing, or commercial conversion (buyer to verify).
    2,556 sq ft property with 7 bedrooms and 6 bathrooms offering multiple rental configurations.
    Excellent access to shopping, dining, attractions, and entertainment.
    Convenient proximity to both Front Beach Road and Back Beach Road.
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    This listing looks promising.

    Here's a quick look at some key insights for

    604 Fernwood Street, Panama City Beach, FL 32407

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $356K
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1960
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    Former Motel Income Property
    Updated: Mar 18
    Former Motel Income Property

    604 Fernwood Street, Panama City Beach, FL 32407

    $650,000
    2,556 sqft 0.42 AC lot
    Former motel/income‑producing property with flexible use options (multi‑family residential, short‑term rental, workforce housing, or commercial conversion; buyer to verify zoning).
    7 bedrooms and 6 bathrooms in approximately 2,556 SF, offering multiple rental configuration possibilities.
    On‑site private swimming pool for resident/guest use.
    Public sewer; cooling includes window unit(s) and ceiling fan(s).
    Block construction and paved/surfaced parking.
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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    Hutchison Boulevard, Panama City Beach, FL 32407

    $900,000
    0.92 AC lot

    Two adjoining parcels near Pier Park, Panama City Beach.

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    7-Bedroom Motel and Multi-Family
    7-Bedroom Motel and Multi-Family

    604 Fernwood Street, Panama City Beach, FL 32407

    $650,000
    2,556 sqft

    Formerly a motel with 7 bedrooms and 6 bathrooms, offering flexible residential, short-term, or commercial conversion options.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Luxury Beachfront Retreat Investment Property
    Luxury Beachfront Retreat Investment Property

    19706 Front Beach Road, Panama City Beach, FL 32413

    $4,195,000
    4,400 sqft

    New 7-bedroom beachfront property with pool, ready for summer rentals.

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    Gulf Front Corner Condo
    Gulf Front Corner Condo

    10901 Front Beach Road #1601, Panama City Beach, FL 32407

    $750,000
    1,610 sqft

    West End 4-bedroom condo with stunning sunset views.

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    Gulf-Front Condo with Rental Potential
    Gulf-Front Condo with Rental Potential

    15817 Front Beach Road #1-706, Panama City Beach, FL 32413

    $595,000
    1,223 sqft

    Furnished 2-bedroom condo with bunk room, Gulf views, rental ready.

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    Gulf Front Redevelopment Opportunity
    Gulf Front Redevelopment Opportunity

    14513 Front Beach Road, Panama City Beach, FL 32413

    $8,500,000

    300' Gulf frontage, centrally located, redevelopment opportunity.

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    Recently Built Panama City Beach Hotel
    Recently Built Panama City Beach Hotel

    17701 Panama City Beach Pkwy, Panama City Beach, FL 32413

    Contact for pricing
    2.30 AC lot

    84-room Comfort Inn & Suites near Panama City Beach.

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    North Florida Motorplex Dragstrip Opportunity
    North Florida Motorplex Dragstrip Opportunity

    21281 Northwest Apachee Road, Fountain, FL 32438

    Contact for pricing
    1 sqft

    Operational 1/8-mile dragstrip on 96+ acres in Fountain, Florida.

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    Gulf Front Panama City Beach
    Gulf Front Panama City Beach

    15191 Front Beach Road, Panama City Beach, FL 32413

    Contact for pricing

    Master-planned mixed-use development with Gulf frontage in Panama City Beach.

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    Furnished Condo with Gulf Views
    Furnished Condo with Gulf Views

    16819 Front Beach Road #2800, Panama City Beach, FL 32413

    $479,900

    Turn-key 2-bedroom condo with stunning Gulf views and resort amenities.

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    Panama City Beach Development Opportunity
    Panama City Beach Development Opportunity

    9129 N Lagoon Drive, Panama City Beach, FL 32408

    $6,500,000
    7.00 AC lot

    7 acres in the heart of Panama City Beach.

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    Gulf-Front and Lake-Front Boutique Destination
    Gulf-Front and Lake-Front Boutique Destination

    16621 Front Beach Road, Panama City Beach, FL 32413

    $27,500,000
    35,000 sqft

    52-unit property with Gulf and lake frontage.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 14 Active listings in Bay County, FL, we suggest exploring several alternatives: similar 58 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Parcel on Parkway
    Prime Commercial Parcel on Parkway

    Panama City Beach Parkway, Panama City Beach, FL 32407

    $2,490,000
    2.20 AC lot

    2.2-acre commercial parcel on Panama City Beach Parkway.

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    Prime Commercial Parcel in Panama
    Prime Commercial Parcel in Panama

    Hutchison Boulevard, Panama City Beach, FL 32407

    $875,000
    2.70 AC lot

    2.7-acre commercial parcel on Hutchinson Beach Road.

    View details
    Gulf-Front Development Land
    Gulf-Front Development Land

    14929 Front Beach Road, Panama City Beach, FL 32413

    $6,250,000
    0.82 AC lot

    Waterfront commercial high-intensity zoned land with existing concrete seawall and Gulf frontage.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    2204 Thomas Drive, Panama City Beach, FL 32408

    $440,000
    0.96 AC lot

    Highly desirable commercial land in Panama City Beach, Florida.

    View details

    Off-Market Properties in Bay County, FL

    Consider similar Off-Market properties in Bay County, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6010 Thomas Dr
    MOTEL

    6010 Thomas Dr, Panama City Beach, FL 32408-5614

    Value Estimation by Request
    3,336 sqft 0.63 AC lot
    View details
    19979 Frnt Bch Rd
    HOTEL-RESORT

    19979 Frnt Bch Rd, Panama City Beach, FL 32413-4432

    Value Estimation by Request
    15,594 sqft 0.43 AC lot
    View details
    7909 Panama City Bch Pkwy
    HOTEL

    7909 Panama City Bch Pkwy, Panama City Beach, FL 32407-4856

    $4,965,000
    Estimated value
    46,775 sqft 1.72 AC lot
    View details
    6249 Hwy 98
    MOTEL

    6249 Hwy 98, Panama City, FL 32404-7277

    $525,000
    Estimated value
    2,358 sqft 0.60 AC lot
    View details
    17255 Frnt Bch Rd
    MOTEL

    17255 Frnt Bch Rd, Panama City Beach, FL 32413-2119

    $24,000,000
    Estimated value
    21,295 sqft 1.18 AC lot
    View details
    17255 Frnt Bch Rd
    MOTEL

    17255 Frnt Bch Rd, Panama City Beach, FL 32413-2119

    $24,000,000
    Estimated value
    75,750 sqft 2.08 AC lot
    View details
    545 Magnolia Ave
    MOTEL

    545 Magnolia Ave, Panama City, FL 32401-3051

    Value Estimation by Request
    5,612 sqft 0.44 AC lot
    View details
    17784 Frnt Bch Rd
    MOTEL

    17784 Frnt Bch Rd, Panama City Beach, FL 32413-1993

    $775,000
    Estimated value
    2,325 sqft 0.62 AC lot
    View details
    2203 Harrison Ave
    HOTEL

    2203 Harrison Ave, Panama City, FL 32405-4549

    $3,470,000
    Estimated value
    32,330 sqft 2.04 AC lot
    View details
    905 23rd Pl
    HOTEL

    905 23rd Pl, Panama City, FL 32405-5201

    Value Estimation by Request
    16,394 sqft 1.38 AC lot
    View details

    Bay County, FL Hospitality Properties Market Trends and Statistics

    Explore 72 hospitality properties for sale in Bay County, FL, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 49,901 square feet of properties for sale, with an estimated market value of $34,990,000.

    Sale prices for hospitality properties in Bay County, FL start at $595,000, averaging $4,998,571, and reaching up to $27,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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