Panama City, FL 32409,7242 Bay Crest RD #Lot 1
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Panama City, FL 32409,7242 Bay Crest RD #Lot 1
Panama City, FL 32409,7242 Bay Crest RD #Lot 1
Panama City, FL 32409,7242 Bay Crest RD #Lot 1
Panama City, FL 32409,7242 Bay Crest RD #Lot 1
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$ 725,000
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7242 Bay Crest RD #Lot 1 Panama City, FL 32409

3.58 Acres Lot


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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


Listed by LPT Realty LLC
Kerry Jayne Jackson

Kerry Jayne Jackson

Broker Associate | License ID: 7692

+1(850) 960-8646

Learn More About LPT Realty

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7242 Bay Crest RD #Lot 1