7242 Bay Crest Road Lot 1, Panama City, FL 32409
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Priced at Only: $725,000
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Address: 7242 Bay Crest Road Lot 1, Panama City, FL 32409
Property Location and Similar Properties
- MLS#: 780202 ( Land )
- Street Address: 7242 Bay Crest Road Lot 1
- Viewed: 53
- Price: $725,000
- Price sqft: $0
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Bayou,GulfAccess,ShorelineNatural
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 98
- Additional Information
- Geolocation: 30.2816 / -85.6241
- County: BAY
- City: Panama City
- Zipcode: 32409
- Subdivision: No Named Subdivision
- Elementary School: Southport
- Middle School: Deane Bozeman
- High School: Deane Bozeman
- Provided by: LPT Realty LLC
- DMCA Notice
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DescriptionFAST GROWING SOUTHPORT CLEARED WATERFRONT ACREAGE NO HOA One of the best waterfront values in Bay County's fastest growing areafully cleared, no HOA, and ready for your vision. This 3.58 acre Bay Crest parcel offers rare scale and privacy on Gainer Bayou with approximately 216 feet of waterfront and boating access out to North Bay and beyond. Located next door to another Bay Crest property known for exceptional waterfront value, this tract is ideal for a private estate, family compound, or a small boutique development. The County has indicated the potential for up to five homes (buyer to verify final density, entitlements, and infrastructure requirements), giving builders and investors real upside on a stretch of waterfront land where opportunities like this are getting harder to find. Zoned R 2 Residential, the property offers flexibility for a range of residential uses. You'll appreciate the practical side too: paved road access, nearby public utilities (water and electric available; septic required), and no HOA or deed restrictions holding you back. Bay Crest zoning also allows design flexibility, including the option for 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 makes this even more compelling. You're just minutes to Lynn Haven, with easy access to Panama City, Northwest Florida Beaches International Airport, and the beachesplus growing daily convenience nearby. With continued growth pushing north and outward, Southport is quickly becoming one of the most watched areas in Bay County for those who want space, water access, and long term value. If you've been waiting for a cleared waterfront tract with acreage, flexibility, and strong upside this is the one to see. 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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Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
Land Information
- Lot Features: Paved
School Information
- High School: Deane Bozeman
- Middle School: Deane Bozeman
- School Elementary: Southport
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Sewer: SepticNeeded
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: 2024
- Trash Expense: 0.00
Other Features
- 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
- Area Major: 04 - Bay County - North
- Parcel Number: 07964-000-000
- The Range: 0.00
- Unit Number: Lot 1
- View: Bayou
- Views: 53
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