7242 Bay Crest Road #Lot 2, Panama City, FL 32409
Local realty services provided by:ERA Neubauer Real Estate, Inc.



7242 Bay Crest Road #Lot 2,Panama City, FL 32409
$385,000
- 1.55 Acres
- Lots / Land
- Active
Listed by:issabella c marsh
Office:florida realty experts
MLS#:774687
Source:FL_BCMLS
Price summary
- Price:$385,000
About this home
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, 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.
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Home facts
- Listing Id #:774687
- Added:15 day(s) ago
- Updated:August 08, 2025 at 11:05 PM
Structure and exterior
- Lot area:1.55 Acres
Schools
- High school:Deane Bozeman
- Middle school:Deane Bozeman
- Elementary school:Southport
Utilities
- Water:Water Available
- Sewer:Septic Needed, Water Available
Finances and disclosures
- Price:$385,000
- Tax amount:$3,614 (2024)
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