7242 Bay Crest Road Lot 2, Panama City, FL 32409

Property Description

LOWEST PRICE PER ACRE - DEEP WATER GULF ACCESS LOT OVER 0.5 ACRES WITH NO HOA IN BAY COUNTY! Build-ready and fully cleared, this 1.55-acre waterfront property features approximately 132 feet of deep-water frontage on Gainer Bayou, offering direct Gulf access via North Bay. Located on Bay Crest Road in Southport, this exceptional homesite combines privacy, space, and navigable water access—all with no HOA or deed restrictions. Zoned R-2 Residential, the lot allows for a variety of home types and includes paved road frontage, 96 feet of street access, and nearby public utilities (electric and water available; septic required). The property is recently cleared and survey-ready, making it ideal for immediate construction. Whether you're envisioning a custom waterfront home, coastal retreat, or long-term investment, this property offers unmatched flexibility and long-term value. One of the standout advantages of Bay Crest zoning is the ability to place accessory structures—such as a garage, workshop, or guest suite—in front of the main residence, maximizing both design potential and waterfront views. Enjoy the perfect blend of peaceful coastal living and everyday convenience: 5 minutes to Lynn Haven, 20 minutes to Downtown Panama City, Northwest Florida Beaches International Airport, and Panama City Beach, and 30 minutes to Tyndall Air Force Base. The nearby Southport Sports Complex and new Dollar General Market add convenience and value to the area. This is a rare opportunity to own one of the lowest-priced deep-water Gulf access lots per acre in all of Bay County—a property that's build-ready, beautiful, and perfectly positioned for your vision. Note: Depictions of lot boundaries are approximate and for visualization only. A recent survey is available. Buyer to verify all information.

Listing Status:

Active

Date Added:

October 9, 2025 at 05:00AM

Listing Office:

LPT Realty LLC : 877-366-2213

MLS ID:

780201

Location

• Originating MLS: CPAR_CPAR
• County: Bay

Lot

• Zoning: 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 159507964-010-000
• View: Bayou

Utilities

• Sewer: Septic Needed

Financial

• Source: CPAR_CPAR

This listing courtesy of LPT Realty LLC