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- Description
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Street View
$349,900
Monthly Est:$1,742
3 Beds
2 Baths2 full baths
1,080sqft
7516 Olde Ml Rd, Panama City, FL 32409
$349,900
$1,742/moEst:
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Single Family Residence
Built in 1966
$-- HOA
2.71 acres lot
$324/sq.ft
Description
Rare opportunity to own 2.71 acres of waterfront property on Gainer Bayou in Southport! Situated on a gated corner lot at Olde Mill Road and County Road 2321, this unique property offers plenty of space, privacy and direct bayou frontage.
The property includes an existing 2-bedroom, 2-bath home with approximately 1,080 square feet, along with a detached workshop/storage structure and a fully fenced perimeter. Whether you're looking for a waterfront homesite, room for your boats and recreational equipment, a renovation project, or property with future development potential, this acreage offers numerous possibilities.
Enjoy the peaceful setting of North Bay County while remaining convenient to Panama City, Lynn Haven, shopping, dining and area recreation. Properties combining waterfront, acreage and this much usable space are increasingly difficult to find.
Bring your vision and take advantage of the possibilities offered by this 2.71-acre Gainer Bayou property. Buyer to verify all measurements, zoning, development potential and waterfront access important to the buyer.
- Houzeo last checked: 0 minutes ago
- Listing updated: October 5, 2026 at 5:53 pm
- Listing Provided by: DJ T Janovyak (850) 866-1999 DRE #BK0599600 | Emerald Coast Realty Group (850) 235-2551
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 796196
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1966
HOA Fees
-
Finished Area
1,080 sqft
Lot Size
2.71 acres lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
796196
MLS Status
Active
Days on Market
6
Cumulative Days on Market
183
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Bedroom
Level: First
Area: 105.00 Square Feet
Dimensions: 15 x 7
Bedroom
Level: Second
Area: 112.00 Square Feet
Dimensions: 14 x 8
LivingRoom
Level: First
Area: 375.00 Square Feet
Dimensions: 25 x 15
Interior
Exterior Features
Covered Patio, Patio
Heating
Central
Construction
Year Built
Year Built: 1966
Home type
Single Family Residence
Architectural Style
Cabin
Other Features
Patio And Porch Features
Balcony, Deck, Enclosed, Patio, Covered, Porch
Subdivision Name
No Named Subdivision
Price History
| Date | Event | Price |
|---|---|---|
10/02/2026 Source: | Price Decreased | $349,900 -30.02% $324/sqft |
04/02/2026 Source: | Listed for Sale | $500,000 +25.00% $463/sqft |
04/02/2026 Source: | Off Market | $400,000 $370/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 10:00AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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