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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.
    View details
    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Bay County, FL, we suggest exploring several alternatives: similar 68 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.

    Tourist Commercial Land with Highway Frontage
    Tourist Commercial Land with Highway Frontage

    2604 Hwy 98 lot: 5/Blk B/Unit 4, Mexico Beach, FL 32456

    $879,000
    0.34 AC lot

    Two tourist-commercial lots in X-FLOOD ZONE with highway frontage near Mexico Beach, suitable for a range of coastal uses.

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    Tourist Commercial Lots with Highway Frontage
    Tourist Commercial Lots with Highway Frontage

    2604 Hwy 98, Mexico Beach, FL 32456

    $879,000
    0.34 AC lot

    Two X-FLOOD ZONE tourist commercial lots front US Hwy 98, near Mexico Beach for flexible coastal development options.

    View details
    Commercial Land with Major Road Frontage
    Commercial Land with Major Road Frontage

    MAGNOLIA Road, Marianna, FL 32448

    $951,300
    10.57 AC lot

    Commercial land totaling 10.57 acres with utilities available and extensive frontage for high-visibility development.

    View details
    Prime Commercial Lot Near I-65
    Prime Commercial Lot Near I-65

    50280 Rabun Road, Bay Minette, AL 36507

    $990,000
    1.00 AC lot

    1 acre commercial lot near I-65 in fast growth area.

    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
    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
    8101 Surf Dr
    MOTEL

    8101 Surf Dr, Panama City Beach, FL 32408-4709

    $885,000
    Estimated value
    15,756 sqft 0.34 AC lot
    View details
    10996 Frnt Bch Rd
    MOTEL

    10996 Frnt Bch Rd, Panama City Beach, FL 32407-3530

    $535,000
    Estimated value
    9,250 sqft 0.26 AC lot
    View details
    8501 Surf Dr
    MOTEL

    8501 Surf Dr, Panama City Beach, FL 32408-4716

    Value Estimation by Request
    3,625 sqft 0.21 AC lot
    View details
    8507 Surf Dr
    MOTEL

    8507 Surf Dr, Panama City Beach, FL 32408-4716

    $690,000
    Estimated value
    8,051 sqft 0.41 AC lot
    View details
    12513 Frnt Bch Rd
    MOTEL

    12513 Frnt Bch Rd, Panama City Beach, FL 32407-3306

    Value Estimation by Request
    253,262 sqft 2.35 AC lot
    View details
    710 15th St
    MOTEL

    710 15th St, Panama City, FL 32401

    Value Estimation by Request
    6,369 sqft 0.38 AC lot
    View details
    15519 Frnt Bch Rd
    MOTEL

    15519 Frnt Bch Rd, Panama City Beach, FL 32413

    Value Estimation by Request
    34,010 sqft 0.63 AC lot
    View details
    15524 Frnt Bch Rd
    MOTEL

    15524 Frnt Bch Rd, Panama City Beach, FL 32413-2504

    Value Estimation by Request
    10,795 sqft 0.59 AC lot
    View details
    15525 Frnt Bch Rd
    MOTEL

    15525 Frnt Bch Rd, Panama City Beach, FL 32413-2503

    Value Estimation by Request
    24,698 sqft 0.64 AC lot
    View details
    323 Tyndall Pkwy
    MOTEL

    323 Tyndall Pkwy, Panama City, FL 32404-6725

    Value Estimation by Request
    7,632 sqft 1.09 AC lot
    View details
    11831 Frnt Bch Rd
    MOTEL

    11831 Frnt Bch Rd, Panama City Beach, FL 32407-3601

    $10,085,000
    Estimated value
    49,650 sqft 1.15 AC lot
    View details
    2909 Thomas Dr
    MOTEL

    2909 Thomas Dr, Panama City Beach, FL 32408-6251

    $2,515,000
    Estimated value
    47,536 sqft 2.45 AC lot
    View details
    5501 Thomas Dr
    MOTEL

    5501 Thomas Dr, Panama City Beach, FL 32408-6711

    $510,000
    Estimated value
    6,147 sqft 0.40 AC lot
    View details
    11001 Frnt Bch Rd
    MOTEL

    11001 Frnt Bch Rd, Panama City Beach, FL 32407-3527

    $650,000
    Estimated value
    2,584 sqft 1.20 AC lot
    View details

    Bay County, FL Motels Market Trends and Statistics

    Explore 72 motels for sale in Bay County, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,668 square feet of properties for sale, with an estimated market value of $1,950,000.

    Sale prices for motels in Bay County, FL start at $650,000, averaging $650,000, and reaching up to $650,000 — 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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