$500,000
Panama City, FL 32409
MLS# 787792
1080 sqft
1 / 38
Property Description
Tucked away on 2.7 acres along the beautiful shores of Gainer Bayou, this private gated property offers the perfect blend of space, functionality, and waterfront living. The 2-bedroom, 2-bathroom home sits on a serene piece of land with peaceful bayou views, creating an ideal setting for full-time living or a relaxing weekend retreat. Inside, you'll find a comfortable layout with plenty of natural light and views of the water, while outside is where this property truly shines. The fully fenced backyard provides privacy and room for pets or entertaining, and the detached 2-car garage/workshop offers ample space for storage, tools, or hobbies. Whether you're enjoying quiet mornings overlooking the bayou or taking advantage of the acreage for outdoor living, this property delivers a rare opportunity to own waterfront land with room to spread out. With gated access, usable land, and direct Gainer Bayou frontage, properties like this don't come around often--schedule your showing today.
Details
Maps
Contract Info
List Price/SqFt: 462.96
List Date: 2026-04-02
List Price: $500,000
Current Price: $500,000
Sub-Type: Other
Location
Sub Area: 0410 - Bay North - West Deerpoint/Southport
Community/Resort: None
Waterfront: Yes
Elementary School: Southport
Middle School: Deane Bozeman
High School: Deane Bozeman
Directions: North on Hwy 77, go over Bailey Bridge and turn right on Co. Rd 2321, left on Olde Mill Rd, sits on the corner of 2321 and Olde Mill Rd
Area: 04 - Bay County - North
Street #: 7516
Street Name: Olde Mill
Street Suffix: Road
State: FL
Zip Code: 32409
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 07865-010-000
Legal Description: 26 2S 14W-3.9-83A BEG 926.37' W & 907' S OF NE COR OF W 1/2 OF SE1/4 OF NW1/4 TH S 338.7' TO N R/W ST RD 77A E 304.67' NELY 311.75' W 438.85 ' TO POB ORB 814 P 91 OR
General Property Info
List Class: Other
Site Dimensions: 338x350
Acreage: 2.71
Construction Status: Construction Complete
SqFt - Workarea: 2
SqFt Tot Bldg: 1080
Year Built: 1966
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Tucked away on 2.7 acres along the beautiful shores of Gainer Bayou, this private gated property offers the perfect blend of space, functionality, and waterfront living. The 2-bedroom, 2-bathroom home sits on a serene piece of land with peaceful bayou views, creating an ideal setting for full-time living or a relaxing weekend retreat.
Inside, you'll find a comfortable layout with plenty of natural light and views of the water, while outside is where this property truly shines. The fully fenced backyard provides privacy and room for pets or entertaining, and the detached 2-car garage/workshop offers ample space for storage, tools, or hobbies.
Whether you're enjoying quiet mornings overlooking the bayou or taking advantage of the acreage for outdoor living, this property delivers a rare opportunity to own waterfront land with room to spread out. With gated access, usable land, and direct Gainer Bayou frontage, properties like this don't come around often--schedule your showing today.
Construction/Siding
Siding - Wood: 1
Trim - Wood: 1
Other Structures
Garage(s): 1
Workshop: 1
Utilities
Electricity - Connected: 1
Waterview
Bayou: 1
Waterfront Type
Bayou w/o Gulf Access: 1
Business/Property
Furnished - None: 1
Floors in Unit/Home
Two: 1
Transport. Access
City Road: 1
Status Change Info
Status: Active
Property Features
Other Structures: Garage(s); Workshop
Utilities: Electricity - Connected
Waterfront Type: Bayou w/o Gulf Access
Waterview: Bayou
Listing Office: Think Real Estate
Last Updated: July - 22 - 2026
Information deemed reliable but not guaranteed.