7242 Bay Crest Road #Lot 1, Panama City, FL 32409
Local realty services provided by:Better Homes and Gardens Real Estate Historic
7242 Bay Crest Road #Lot 1,Panama City, FL 32409
$725,000
- 3.58 Acres
- Lots / Land
- Active
Listed by: kerry j jackson, issabella c marsh
Office: lpt realty llc.
MLS#:780202
Source:FL_BCMLS
Price summary
- Price:$725,000
About this home
FAST-GROWING SOUTHPORT • CLEARED WATERFRONT ACREAGE • NO HOA
One of the best waterfront values in Bay County's fastest-growing area—fully 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 beaches—plus 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.
Contact an agent
Home facts
- Listing ID #:780202
- Added:87 day(s) ago
- Updated:January 05, 2026 at 01:04 PM
Structure and exterior
- Lot area:3.58 Acres
Schools
- High school:Deane Bozeman
- Middle school:Deane Bozeman
- Elementary school:Southport
Utilities
- Sewer:Septic Needed
Finances and disclosures
- Price:$725,000
- Tax amount:$3,614 (2024)
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