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$ 650,000
Est. payment /mo
Active
604 Fernwood ST Panama City Beach, FL 32407
2,556 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,556 sqft
Price per Sqft $254
Subdivision Hutchison'S 1St To Bahama Bch
MLS Listing ID 786967
HOA Y/N No
Year Built 1960
Lot Size 0.420 Acres
Acres 0.42
Property Sub-Type Multi Family
Property Description
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.
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.
Location
State FL
County Bay
Community Pool
Area 03 - Bay County - Beach
Interior
Fireplace No
Exterior
Parking Features Paved
Pool Community
Community Features Pool
Utilities Available Sewer Available
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Level or Stories One
Stories 1
Floor Plan One
Schools
Elementary Schools Hutchison Beach
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 34201-000-000
Special Listing Condition Listed As-Is
Listed by Think Real Estate
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