604 Fernwood Street, Panama City Beach, FL 32407
$650,000
Property Type:
Commercial for Sale
Square Footage:
2,556
Lot Size (sq. ft.):
18,295
Status:
Pending
Current Price:
$650,000
List Date:
5/04/2026
Last Modified:
6/01/2026
Overview
Description
Listing Details MLS# 786967
Contract Info
- List Price/SqFt
- 254.3
- Sub-Type
- Multi-Family
Location
- Area
- 03 – Bay County – Beach
- Street #
- 604
- Street Name
- Fernwood
- Street Suffix
- Street
- State
- FL
- Zip Code
- 32407
- County
- Bay
- Sub Area
- 0320 – Beach – Middle Central
- Subdivision
- Hutchison's 1st To Bahama Bch
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 34201-000-000
- Elementary School
- Hutchison Beach
- Middle School
- Surfside
- High School
- Arnold
- Directions
- From Panama City Beach Pkwy (Back Beach Rd / US-98), turn South onto Richard Jackson Blvd. Continue to Hutchinson Blvd (Middle Beach Rd) and turn right (West). Proceed to Lullwater Drive and turn left. Turn left onto Fernwood St. The property will be on your left.
- Legal Description
- HUTCHISON'S 1ST ADD LOTS 2 & 3 BLK 4 DAUGETTE ADDITION LOT 19 BLK B ORB 2090 P 521
General Property Info
- List Class
- Commercial
- Construction Status
- Construction Complete
- # of Stories in Building
- Yes
- Acreage
- 0.42
- SqFt Tot Bldg
- 2556
- Year Built
- 1960
Status Change Info
- Under Contract Date
- 2026-05-18
Listing Info, Tax and Legal
- HOA Fee
- No
Remarks & Misc
- Remarks
- 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.
More Information
Construction/Siding
- Block
- Yes
- Foundation – Slab on Grade
- Yes
Energy
- AC – Window/Wall
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Present Zoning
- General Commercial
- Yes
Association Amenities
- Pool
- Yes
Utilities
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
Sale Type
- As Is
- Yes
Business/Property
- Furnished – None
- Yes
Floors in Unit/Home
- One
- Yes
Heating/Cooling
- AC – Window Unit(s)
- Yes
Site Description
- Corner Location
- Yes
Transport. Access
- City Road
- Yes
- Paved
- Yes
Property Features
Energy:
AC – Window/Wall
Financing:
Cash; Conventional
Present Zoning:
General Commercial
Sale Type:
As Is
Site Description:
Corner Location
Utilities:
Public Sewer – Connected; Water Connected
Listing Office:
Think Real Estate
Last Updated: June – 01 – 2026
Information deemed reliable but not guaranteed.