7242 Bay Crest Road, Lot 1, Panama City, FL 32409 (MLS# 780202)

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Property Description
DEEP WATER GULF ACCESS WATERFRONT PROPERTY! FULLY CLEARED 3.58 ACRES! This exceptional 3.58-acre lot on Gainer Bayou in Southport offers a unique chance to own deep water, Gulf-access frontage — a truly rare find in Bay County. County has said 5 Homes could be build on this amazing piece of waterfront property! Recently cleared and boasting approximately 216 feet of waterfront along Bay Crest Road, the property provides direct access to North Bay and the Gulf of America, making it perfect for boating, fishing, and coastal living. Zoned R-2 Residential, this versatile parcel supports a variety of residential uses. With paved road access, nearby public utilities like water and electric (septic needed), and no HOA or deed restrictions, you have the flexibility to design your ideal waterfront retreat or homestead. Despite its peaceful, natural setting, the location is incredibly convenient. You're just 10 minutes from Lynn Haven, 15 minutes to downtown Panama City, 20 minutes to Panama City Beach, 25 minutes from Northwest Florida Beaches International Airport, and 30 minutes to Tyndall Air Force Base. New community additions such as the Southport Sports Complex (currently under construction) and a NEW Dollar General Market bring even more convenience to the area. One of the standout benefits of this Bay Crest waterfront lot is the unique zoning allowance permitting accessory structures—like a workshop, garage, or tennis court—to be situated in front of the main residence. This offers exceptional flexibility in design and functionality, making the most of the property's prime waterfront location This is a one-of-a-kind opportunity to create something special in a serene coastal setting with excellent access to everything Bay County has to offer. Note: Lot boundaries shown are for illustrative purposes only and do not represent a legal survey. Buyer to verify all information.

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