$379,000
Panama City, FL 32409
MLS# 780201

1 / 44












































Property Description
FULLY CLEARED LOT WITH 132ft frontage of DEEP WATER GULF ACCESS!! RARE OPPORTUNITY! This recently cleared 1.55-acre waterfront lot w/ 96 ft of road frontage presents a rare opportunity to own land directly on Gainer Bayou in Southport. Situated alongside Bay Crest Road, the property offers approximately 132 feet of deep-water frontage with direct access to North Bay and the Gulf of America. Whether you're envisioning a quiet retreat or a custom waterfront home, this setting offers natural beauty, privacy, and flexibility. Zoned R-2 (Residential), the lot allows for a range of residential uses and includes paved road access, nearby public utilities like electric and water (septic needed), and no HOA or deed restrictions. This peaceful location combines the feel of a secluded coastal escape with excellent access to surrounding destinations. The property is just 5 minutes from Lynn Haven, 15 minutes from downtown Panama City, 20 minutes from Panama City Beach, 25 minutes from Northwest Florida Beaches International Airport, and 30 minutes from Tyndall Air Force Base. Future amenities currently under construction include the Southport Sports Complex and a new Dollar General Market (newly opened), bringing added 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 own and create something truly special in a location that offers both quiet charm and easy access to everything the beautiful Bay County has to offer! Depictions of lot boundaries are approximate and provided solely for visualization. They do not constitute a legal survey. Recent Survey is available Buyer to verify all info.
Details
Maps
Contract Info
Status: Active
List Date: 2025-10-09
List Price: $379,000
Current Price: $379,000
List Price/Acre: 244516.13
Location
Street #: 7242
Street Name: Bay Crest
Street Suffix: Road
Unit #: Lot 2
Area: 04 - Bay County - North
State: FL
Zip Code: 32409
County: Bay
Sub Area: 0410 - Bay North - West Deerpoint/Southport
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: Yes
Parcel ID: 07964-010-000
Elementary School: Southport
Middle School: Deane Bozeman
High School: Deane Bozeman
Directions: From the Bailey Bridge in Lynn Haven, drive north on US-77 into Southport. Turn right onto McCormick Road at the Tractor Supply corner. Follow McCormick Road to the T-intersection, then turn left onto Bay Crest Road. Continue a short distance and 7242 Bay Crest Road will be on your right.
Legal Description: 27 2S 14W -45- BEG 960' E & 1013.65' N OF SW COR OF SE1/4 OF SE1/4 TH N 289.5' E 827.5' TO BAYOU SWLY ALG WATER EDGE 290' W 825.7' TO POB ORB 3613 P 1595
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: 96 X 743 X 132 X 821
Acreage: 1.55
Lot Size (SqFt): 67518
Waterfront Feature
Waterfront Feet: approx 132
Property Features
Financing: Cash; Conventional
Lot Access: County Road; Paved Road
Lot Features: Cleared; Deeded Access Water; Near Public Boat Ramp; Waterfront; Within 1/2 Mile to Water
Project Facilities: Pets Allowed
Sale Type: As Is
Showing: ShowingTime
Utilities: Electricity - Connected; Garbage; Septic - Needed; Water Available
Waterfront Type: Bayou w/ Gulf Access
Waterfront Feature: Shore - Natural
Waterview: Bayou
Present Zoning: Resid Single Family
Listing Office: Florida Realty Experts
Last Updated: October - 10 - 2025
Information deemed reliable but not guaranteed.