7242 Bay Crest RD #Lot 1 Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32409
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 780202
HOA Y/N No
Annual Tax Amount $3,614
Tax Year 2024
Lot Size 3.580 Acres
Acres 3.58
Property Sub-Type Unimproved Land
Property Description
THE LOWEST PRICE PER ACRE ON DEEP WATER GULF ACCESS LAND IN ALL OF BAY COUNTY — AND IT'S FULLY CLEARED, 3.58 ACRES, WITH NO HOA! Located directly next door to another Bay Crest property also recognized for exceptional waterfront value, this expansive 3.58-acre parcel on Gainer Bayou offers true deep-water Gulf access, privacy, and limitless potential. The County has confirmed that up to five homes could be built on this incredible piece of waterfront land, making it ideal for a private estate, family compound, or boutique residential development. Recently cleared and featuring approximately 216 feet of deep-water frontage along Bay Crest Road, the property provides direct access to North Bay and the Gulf of Mexico—perfect for boating, fishing, and relaxed coastal living.
Zoned R-2 Residential, the land allows a wide range of residential uses and includes paved road access, nearby public utilities (water and electric available, septic required), and no HOA or deed restrictions. This combination of size, waterfront access, zoning flexibility, and location simply doesn't exist elsewhere in Bay County at this level of value.
The property sits just 5 minutes from Lynn Haven, 20 minutes from Downtown Panama City, Northwest Florida Beaches International Airport, and Panama City Beach, and 30 minutes from Tyndall Air Force Base. The Southport Sports Complex (under construction) and the new Dollar General Market nearby add everyday convenience to the area.
Bay Crest zoning even permits accessory structures—such as a workshop, garage, or guest suite—to be placed in front of the main residence, offering exceptional design freedom and functionality.
This is a truly rare opportunity to own one of the lowest-priced deep-water Gulf-access tracts per acre in Bay County—cleared, ready, and perfectly positioned for your vision.
Note: Lot boundaries are approximate and for visualization only. Recent survey available. Buyer to verify all information.
Location
State FL
County Bay
Area 04 - Bay County - North
Interior
Fireplace No
Exterior
Utilities Available Trash Collection,Water Available
Amenities Available Boat Ramp
Waterfront Description Bayou,Gulf Access,Shoreline - Natural,Deeded Access,Waterfront
Water Access Desc Bayou,Gulf Access,Shoreline - Natural,Deeded Access,Waterfront
Building
Lot Description Cleared,Waterfront,Paved
Sewer Septic Needed
Schools
Elementary Schools Southport
Middle Schools Deane Bozeman
High Schools Deane Bozeman
Others
Tax ID 07964-000-000
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Listed As-Is