FAST-GROWING SOUTHPORT • CLEARED WATERFRONT ACREAGE • NO HOA • OPTION TO PURCHASE TWO PARCELS (5.13 ACRES TOTAL)
One of the best waterfront land values in Bay County's fastest-growing area almost fully cleared, no HOA, and ready for your vision. This Bay Crest offering includes a 3.58-acre waterfront parcel with the option to also purchase the adjacent 1.55-acre parcel, creating a rare 5.13-acre combined waterfront assemblage in an area where rare opportunities like this are getting harder to find.
The primary parcel features approximately 216 feet of waterfront along Gainer Bayou and offers boating access out to North Bay and beyond. When combined, the two parcels provide approximately 350 feet of total waterfront (per survey/legal descriptions) and significantly expanded flexibility for a private estate, multi-generational family compound, or a small boutique residential development.
The County has indicated residential build potential (buyer to verify final density, entitlements, and infrastructure requirements), and the property is zoned R-2 Residential, offering a range of residential-use options. You'll also appreciate the practical advantages: paved road access, nearby public utilities (water and electric available; septic required), and no HOA or deed restrictions holding you back. Bay Crest zoning can also allow design flexibility, including 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 is a major driver of long-term value just minutes to Lynn Haven, with convenient access to Panama City, Northwest Florida Beaches International Airport, and Panama City Beach. Growth and new amenities nearby continue to make Southport a standout for buyers who want space, water, and upside.
If you've been waiting for cleared waterfront acreage with flexibility and a strong location this is a rare chance to buy one parcel or assemble both for maximum potential.
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.
Lot/land
$1,100,000
7242 Bay Crest Rd, Southport, FL 32409
--beds
--baths
5.13Acres
Unimproved Land
Built in ----
5.13 Acres Lot
$449,900 Zestimate®
$--/sqft
$-- HOA
What's special
Paved road access
- 43 days |
- 68 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: January 09, 2026 at 02:21am
Listed by:
Kerry J Jackson 850-960-8646,
LPT Realty LLC,
Issabella C Marsh 850-730-4118,
Florida Realty Experts
Source: CPAR,MLS#: 781780
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Property
Features
- Has view: Yes
- View description: Bayou, Gulf
- Has water view: Yes
- Water view: Bayou,Gulf
- Waterfront features: Bayou, Gulf Access, Shoreline - Natural
- Frontage length: approx 348
Lot
- Size: 5.13 Acres
- Dimensions: 288 x 743 x 348 x 758
- Features: Paved
Details
- Parcel number: 07964000000 & 07964010000
- Special conditions: Listed As-Is
Utilities & green energy
- Sewer: Septic Needed
Community & HOA
HOA
- Has HOA: No
Location
- Region: Southport
Financial & listing details
- Tax assessed value: $397,863
- Annual tax amount: $3,614
- Date on market: 11/17/2025
- Cumulative days on market: 92 days
Estimated market value
$449,900
$324,000 - $585,000
$2,311/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Price change | $1,100,000+51.7% |
Source: | ||
| 10/9/2025 | Price change | $725,000+91.3% |
Source: | ||
| 10/9/2025 | Listed for sale | $379,000-39.4% |
Source: | ||
| 4/7/2025 | Sold | $625,000-3.8% |
Source: | ||
| 3/10/2025 | Pending sale | $650,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,614 +4.6% | $328,637 +5.4% |
| 2023 | $3,454 +11.1% | $311,689 +2.5% |
| 2022 | $3,110 | $303,988 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 32409
Nearby schools
GreatSchools rating
- 5/10Southport Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 4/10Mowat Middle SchoolGrades: 6-8Distance: 3.3 mi
- 8/10North Bay Haven Career AcademyGrades: 9-12Distance: 3.6 mi
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