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- Description
- Property Details
- Location
- Facts & Features
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Street View
$599,000
Monthly Est:$2,981
7 Beds
6 Baths6 full baths
2,556sqft
604 Fernwood St, Panama City Beach, FL 32407
$599,000
$2,981/moEst:
Get Pre-Approved
Multi Family
Built in 1960
$-- HOA
0.42 acre lot
$234/sq.ft
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.
- Houzeo last checked: 4 hours ago
- Listing updated: September 24, 2026 at 2:27 pm
- Listing Provided by: Dien and Andrew Group (850) 600-0605 DRE #SL3466729 | Think Real Estate (850) 270-4200
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 786962
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
2,556 sqft
Lot Size
0.42 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
786962
MLS Status
Active
Days on Market
204
Cumulative Days on Market
190
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 6
Bedroom
Level: First
Area: 440.00 Square Feet
Dimensions: 22 x 20
Bedroom
Level: First
Area: 110.00 Square Feet
Dimensions: 10 x 11
Bedroom
Level: First
Area: 176.00 Square Feet
Dimensions: 16 x 11
Bedroom
Level: First
Area: 176.00 Square Feet
Dimensions: 16 x 11
Bedroom
Level: First
Area: 176.00 Square Feet
Dimensions: 16 x 11
Bedroom
Level: First
Area: 176.00 Square Feet
Dimensions: 16 x 11
Bedroom
Level: First
Area: 176.00 Square Feet
Dimensions: 16 x 11
Interior
Sewer
Public Sewer
Cooling
Ceiling Fans, Window Units
Heating
Varies By Unit
Construction
Year Built
Year Built: 1960
Home type
Multi Family
Foundation Details
Slab
Construction Materials
Block
Utilities & Energy
Parking Features
Unpaved
Pool Features
In Ground, Private
Other Features
Community Features
Short Term Rental Allowed
Lot Features
Paved
Subdivision Name
Hutchison's 1st To Bahama Bch
Price History
| Date | Event | Price |
|---|---|---|
08/30/2026 Source: | Listed for Sale | $599,000 -7.85% $234/sqft |
08/30/2026 Source: | Price Increased | $650,000 +8.51% $254/sqft |
08/30/2026 Source: | Price Decreased | $599,000 -7.85% $234/sqft |
08/21/2026 Source: | Pending | $650,000 $254/sqft |
06/15/2026 Source: | Listed for Sale | $650,000 $254/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 02:30PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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