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604 Fernwood Street, Panama City Beach, FL 32407
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604 Fernwood Street
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Priced at Only: $650,000
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Address: 604 Fernwood Street, Panama City Beach, FL 32407
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More Like This
  • MLS#: 786962 ( Residential )
  • Street Address: 604 Fernwood Street
  • Viewed: 2
  • 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: 1
  • Additional Information
  • Geolocation: 30.1985 / -85.8402
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32407
  • Subdivision: Hutchison's 1st To Bahama Bch
  • Elementary School: Hutchison Beach
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: Think Real Estate
  • DMCA Notice
  • 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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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
Nearby Subdivisions
[no Recorded Subdiv]   Allison Trace   Annabella's Townhomes   Bahama Beach   Bahama Beach 1st Add   Bayside Park U-1   Bayside Park Unit 1   Brandywine Estates   Breakfast Point   Breakfast Point East   Caballeros Estates At Hombre   Colonial Landing   Colony Club   Colony Club Hrbr Ph 2   Colony Club Hrbr Ph 3   Dolphin Bay   Dolphin Bay Ph I   Edgewater Golf Villas V-c   Emerald Coast Club Ph. I   Emerald Cove Villas   Greenwood Acres   Gulf Highlands   Gulf Highlands Beach Resort   Harbour Towne   Harrison's Walk   Hathaway Townhomes   Hearns Add-bahama Bch   Holiday Point   Hutchison's 1st To Bahama Bch   Island Reserve   Long Beach 3rd   Lyndell By The Sea   Lyndell Plantation   Moonraker   No Named Subdivision   North Beach Estates   North Colony Club Estates Ph I   Ocean Mist   Our Fathers Estate   Palm Cove   Palm Cove Phase Iii   Panama City Beach Est   Tapestry Park   Tapestry Park Phase I   The Glades   The Moorings   The Pines   Tierra Verde Phase Iii   Waterfall Phase I   Woodlawn Unit 1   Woodlawn Unit 2   Woodlawn Village Ph 1