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604 Fernwood St Panama City Beach, FL 32407

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Sponsored
For Sale
$650,000

MULTI_FAMILY - Panama City Beach, FL

Property size:
2,556 SF
Lot size:
0.42 Acres
Days on Market:
2
Last Refresh:
Mar 19 at 2:06 am

Property Features for 604 Fernwood St

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
34201-000-000
Size
2,556 SF
Lot size
0.42 Acres

Utilities

Sewer type
Public Sewer

Building Details

Year built
1960
Floors in Building
1
Building materials
Block

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Listing Contact
Dien And Andrew Group

Think Real Estate (850) 890-6262

Listing agent Dien and Andrew Group (850) 600-0605 License #SL3466729

Listing date Mar 18, 2026

MLS# 786967

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Panama City Beach Multifamily Opportunity

This property, formerly operated as a motel and multifamily residence, is located off Middle Beach Road in Panama City Beach. The property is zoned Commercial High Intensity and offers flexible use options for multifamily residential, short-term rental, workforce housing, or commercial conversion. Interested parties should verify zoning and intended use. The building includes 7 bedrooms and 6 bathrooms within approximately 2,556 square feet, allowing for multiple rental configurations and value-add possibilities. The 0.42-acre lot is positioned in a central beach corridor, providing access to shopping, dining, attractions, and entertainment, as well as proximity to Front Beach Road and Back Beach Road. This property presents an opportunity to restore a former hospitality asset, expand a rental portfolio, or explore redevelopment potential in an active growth area of Panama City Beach.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Motels

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Chateau Beachfront Hotel, A By The Sea Resort, Panama City Beach, SpringHill Suites Panama City Beach Beachfront, The Bike RacK, Beach Please 2!

Location Insight

  • Map
  • Local Demand
City
Panama City Beach
County
Bay
State
Florida
Longitude
-85.840179
Latitude
30.198456

FAQs

What type of property is this?
Motel - Versatile property near the beach with redevelopment potential.
Where is this motel located?
The property is located at 604 Fernwood St Panama City Beach, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: - 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.**
More about this property
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