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    7-Bedroom Motel and Multi-Family Title is generated by Realmo AI

    604 Fernwood Street, Panama City Beach, FL 32407

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    For Sale
    $650,000

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

    Type:Multi-Family
    Property size:
    2,556 SF
    Price / SF:
    $254/SF
    Added:
    Mar 16, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 20 at 5:37 am

    Property Features for 604 Fernwood Street

    General Information

    Standard status
    Active
    Size
    2,556 SF
    Property subtype
    Multi-Family

    Building Details

    Year Built
    1960

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    Listing Contact
    Think Real Estate

    Listing agent Think Real Estate

    Listing office

    Listing date Mar 16, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Think Real Estate

    HighLights

    • Former motel/multi‑family property with 7 bedrooms and 6 bathrooms
    • Approximately 2,556 sq ft with flexible layout for multiple rental configurations
    • 3 guest facilities (per interior features)
    • Paved driveway parking plus city road access
    • High‑intensity commercial property located just off Middle Beach Road in Panama City Beach

    Overview

    This high-intensity commercial property was formerly operated as a motel and multifamily asset, and it is set up to support multiple rental configurations. The layout includes 7 bedrooms and 6 bathrooms across approximately 2,556 square feet, making it suitable for an owner-operator or an adaptive reuse strategy where bedroom and bathroom groupings can be reconfigured for different tenant types, subject to applicable approvals.

    The property is located just off Middle Beach Road in Panama City Beach, with convenient proximity to both Front Beach Road and Back Beach Road. The area is described as centrally located for quick access to shopping, dining, attractions, and entertainment.

    Buyers considering this property should be prepared to evaluate the best path forward based on their intended use. The existing improvements lend themselves to restoring a former hospitality asset or expanding a rental portfolio, including residential income or short-term rental concepts. Commercial conversion is also contemplated, but the buyer must verify zoning and intended use prior to pursuing that direction.
    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 — 12525 Front Beach Rd, Panama City Beach, FL 32407
    • Panama City Beach — 12525 Front Beach Rd, Panama City Beach, FL 32407
    • SpringHill Suites Panama City Beach Beachfront — 12513 Front Beach Rd, Panama City Beach, FL 32407
    • The Bike RacK — 12000 Front Beach Rd, Panama City Beach, FL 32407
    • Beach Please 2! — 615 Lyndell Ln, Panama City Beach, FL 32407

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.8400826
    Latitude
    30.1984767

    FAQs

    What type of property is this?
    Motel - Formerly a motel with 7 bedrooms and 6 bathrooms, offering flexible residential, short-term, or commercial conversion options.
    Where is this motel located?
    The property is located at 604 Fernwood Street 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: Former motel/multi‑family property with 7 bedrooms and 6 bathrooms; Approximately 2,556 sq ft with flexible layout for multiple rental configurations; 3 guest facilities (per interior features)
    More about this property
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