0 Baths
2,556 sqft
$599,000
604 Fernwood Street, Panama City Beach FL, 32407
Price per sqft$234.35
Built in1960
Property size2,556 sqft
Property typeCommercial
Overview
Active
Listed Mar 18, 2026
Updated 12 days ago
Unlock the potential of this versatile Commercial High Intensity property - located just off Middle Beach Road in the heart of Panama City Beach. Formerly operated as a motel / multi family, 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.
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 restore 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.
Additional information
- MLS® ID
- 786967
Interior Features
- Bathrooms
- 0
- Cooling
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.42 Acres
Courtesy of Think Real Estate, Dien and Andrew Group,
Listing Contact: 850-600-0605
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Local Insight Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
© 2026 Central Panhandle Association of REALTORS. All rights reserved.