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    4. 604 Fernwood Street, Panama City Beach, FL 32407
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    604 Fernwood Street
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    PRICED AT ONLY: $650,000

    Address: 604 Fernwood Street, Panama City Beach, FL 32407

    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.

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    More Like This
    • MLS#: 786962 ( Residential )
    • Street Address: 604 Fernwood Street
    • Viewed: 24
    • Price: $650,000
    • Price sqft: $254
    • Waterfront: No
    • Year Built: 1960
    • Bldg sqft: 2556
    • Bedrooms: 7
    • Total Baths: 6
    • Full Baths: 6
    • Days On Market: 55
    Request More Information
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    Features
    Building and Construction
    • Covered Spaces: 0.00
    • Living Area: 0.00
    Land Information
    • Lot Features: Paved
    School Information
    • High School: Arnold
    • Middle School: Surfside
    • School Elementary: Hutchison Beach
    Garage and Parking
    • Garage Spaces: 0.00
    • Open Parking Spaces: 0.00
    • Parking Features: Unpaved
    Eco-Communities
    • Pool Features: InGround, Private
    Utilities
    • Carport Spaces: 0.00
    • Cooling: CeilingFans, WindowUnits
    • Heating: VariesByUnit
    • Road Frontage Type: CityStreet
    • Sewer: PublicSewer
    Finance and Tax Information
    • Home Owners Association Fee: 0.00
    • Insurance Expense: 0.00
    • Net Operating Income: 0.00
    • Other Expense: 0.00
    • Pet Deposit: 0.00
    • Security Deposit: 0.00
    • Tax Year: 2025
    • Trash Expense: 0.00
    Other Features
    • Legal Description: HUTCHISON'S 1ST ADD LOTS 2 & 3 BLK 4 DAUGETTE ADDITION LOT 19 BLK B ORB 2090 P 521
    • Levels: One
    • Area Major: 03 - Bay County - Beach
    • Occupant Type: Vacant
    • Parcel Number: 34201-000-000
    • The Range: 0.00
    • Views: 24
    Nearby Subdivisions
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