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7242 Bay Crest Road

Panama City, FL 32409
  • $1,100,000
  • STATUS: Active
  • ON SITE: 88 Days
  • MLS #: 781780
UPDATED: 18 min ago
$1,100,000
  • 0
    BEDS
  • 5.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

FAST-GROWING SOUTHPORT • CLEARED WATERFRONT ACREAGE • NO HOA • OPTION TO PURCHASE TWO PARCELS (5.13 ACRES TOTAL) One of the best waterfront land values in Bay County's fastest-growing area almost fully cleared, no HOA, and ready for your vision. This Bay Crest offering includes a 3.58-acre waterfront parcel with the option to also purchase the adjacent 1.55-acre parcel, creating a rare 5.13-acre combined waterfront assemblage in an area where rare opportunities like this are getting harder to find. The primary parcel features approximately 216 feet of waterfront along Gainer Bayou and offers boating access out to North Bay and beyond. When combined, the two parcels provide approximately 350 feet of total waterfront (per survey/legal descriptions) and significantly expanded flexibility for a private estate, multi-generational family compound, or a small boutique residential development. The County has indicated residential build potential (buyer to verify final density, entitlements, and infrastructure requirements), and the property is zoned R-2 Residential, offering a range of residential-use options. You'll also appreciate the practical advantages: paved road access, nearby public utilities (water and electric available; septic required), and no HOA or deed restrictions holding you back. Bay Crest zoning can also allow design flexibility, including certain accessory structures such as a workshop, garage, or guest suite positioned in front of the main residence (buyer to verify intended site plan and permitting). The location is a major driver of long-term value just minutes to Lynn Haven, with convenient access to Panama City, Northwest Florida Beaches International Airport, and Panama City Beach. Growth and new amenities nearby continue to make Southport a standout for buyers who want space, water, and upside. If you've been waiting for cleared waterfront acreage with flexibility and a strong location this is a rare chance to buy one parcel or assemble both for maximum potential. Note: Lot boundaries are approximate and for visualization only. Recent survey available. Buyer to verify all information deemed important, including zoning, density, utilities, waterfront measurements, and navigability/boat access.

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rev Realty. Data last updated: 2026-02-14T00:03:57.43.
www.revrealtyflorida.com/homes/170033976
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7242 Bay Crest Road Panama City, FL 32409

  • Price: $1,100,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 18 min ago
  • MLS #: 781780
0
Beds
0
Baths
0
½ Baths
5.13
Acres
Neighborhood:
Bay County-North
County:
Bay
Area:
Bay County-North
Elementary School:
Southport
Middle School:
Deane Bozeman
High School:
Deane Bozeman
Property Description
FAST-GROWING SOUTHPORT • CLEARED WATERFRONT ACREAGE • NO HOA • OPTION TO PURCHASE TWO PARCELS (5.13 ACRES TOTAL) One of the best waterfront land values in Bay County's fastest-growing area almost fully cleared, no HOA, and ready for your vision. This Bay Crest offering includes a 3.58-acre waterfront parcel with the option to also purchase the adjacent 1.55-acre parcel, creating a rare 5.13-acre combined waterfront assemblage in an area where rare opportunities like this are getting harder to find. The primary parcel features approximately 216 feet of waterfront along Gainer Bayou and offers boating access out to North Bay and beyond. When combined, the two parcels provide approximately 350 feet of total waterfront (per survey/legal descriptions) and significantly expanded flexibility for a private estate, multi-generational family compound, or a small boutique residential development. The County has indicated residential build potential (buyer to verify final density, entitlements, and infrastructure requirements), and the property is zoned R-2 Residential, offering a range of residential-use options. You'll also appreciate the practical advantages: paved road access, nearby public utilities (water and electric available; septic required), and no HOA or deed restrictions holding you back. Bay Crest zoning can also allow design flexibility, including certain accessory structures such as a workshop, garage, or guest suite positioned in front of the main residence (buyer to verify intended site plan and permitting). The location is a major driver of long-term value just minutes to Lynn Haven, with convenient access to Panama City, Northwest Florida Beaches International Airport, and Panama City Beach. Growth and new amenities nearby continue to make Southport a standout for buyers who want space, water, and upside. If you've been waiting for cleared waterfront acreage with flexibility and a strong location this is a rare chance to buy one parcel or assemble both for maximum potential. Note: Lot boundaries are approximate and for visualization only. Recent survey available. Buyer to verify all information deemed important, including zoning, density, utilities, waterfront measurements, and navigability/boat access.
Exterior Features

Lot Features Paved View Bayou Gulf View YN Yes

Property Features

Association YN No Lot Size Dimensions 288 x 743 x 348 x 758 Property Sub Type Unimproved Land Property Sub Type Additional Residential Unimproved Land Sewer Septic Needed Special Listing Conditions Listed As- Is Waterfront Features Bayou Gulf Access Shoreline - Natural Waterfront YN Yes

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of LPT Realty LLC: 877-366-2213. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rev Realty. Data last updated: 2026-02-14T00:03:57.43.
 
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