Rare opportunity to own 20 usable acres with incredible potential in Fountain, Florida, located approximately 45 minutes from Panama City and directly across from Deep Springs Park. With road frontage and access on three sides, this versatile property offers endless possibilities for those seeking privacy, space, agricultural use, or future development opportunities.
The property features a spacious 4-bedroom, 1.5-bath home with approximately 2,500 square feet that is in the final stages of construction. The residence already includes modern tile flooring throughout, a beautifully designed contemporary kitchen, a newly installed septic system, and substantial completed improvements. Remaining work is limited to portions of the roof edges, fascia, exterior siding, and a few final finishing details.
The land is equipped with four deep-water wells and is currently being utilized for livestock and gardening, making it ideal for agricultural operations, homesteading, horses, cattle, recreational use, or a private family compound.
With no HOA, a recent survey available, and a unique combination of acreage, infrastructure, and flexibility, this property presents an exceptional opportunity for buyers seeking room to grow and create their own vision.
Lot/land
$350,000
20235 Bain Rd, Fountain, FL 32438
--beds
--baths
20Acres
Unimproved Land
Built in ----
20 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Four deep-water wells
- 10 days |
- 95 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Nancy Uribazo Ferrer 239-849-6691,
Home Prime Realty
Source: CPAR,MLS#: 790902
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Property
Lot
- Size: 20 Acres
- Dimensions: 660 x 1320
Details
- Parcel number: 00457010000
- Special conditions: Listed As-Is
Community & HOA
Community
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Fountain
Financial & listing details
- Tax assessed value: $71,430
- Annual tax amount: $881
- Date on market: 6/5/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,906/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $350,000-12.5% |
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| 3/20/2026 | Listing removed | $399,900 |
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| 3/13/2026 | Listed for sale | $399,900-20% |
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| 1/1/2026 | Listing removed | $499,900 |
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| 7/16/2025 | Listed for sale | $499,900+524.9% |
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| 1/24/2022 | Listing removed | -- |
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| 1/12/2022 | Pending sale | $79,999 |
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| 11/22/2021 | Listed for sale | $79,999 |
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| 11/1/2021 | Listing removed | -- |
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| 9/10/2021 | Price change | $79,999-11.1% |
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| 7/13/2021 | Listed for sale | $89,999-28% |
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| 6/8/2021 | Listing removed | -- |
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| 8/14/2020 | Listed for sale | $125,000 |
Source: Re/Max Infinity #700921 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $805 +16.9% | $60,493 +10% |
| 2023 | $689 +60.6% | $54,994 +61.3% |
| 2022 | $429 | $34,096 |
| 2021 | -- | -- |
| 2020 | $352 +4.7% | $29,260 +4.5% |
| 2019 | $336 | $28,000 +4.2% |
| 2018 | $336 +2.7% | $26,880 +0.8% |
| 2017 | $327 -1% | $26,656 |
| 2016 | $330 -6.4% | $26,656 -0.5% |
| 2015 | $353 | $26,782 -10% |
| 2014 | $353 | $29,750 -31.7% |
| 2006 | -- | $43,542 +25.4% |
| 2005 | -- | $34,718 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32438
Nearby schools
GreatSchools rating
- 4/10Waller Elementary SchoolGrades: PK-5Distance: 10.3 mi
- 4/10Merritt Brown Middle SchoolGrades: 6-8Distance: 19.9 mi
- 6/10Deane Bozeman SchoolGrades: PK-12Distance: 16 mi
Schools provided by the listing agent
- Elementary: Waller
- Middle: Merritt Brown
- High: Deane Bozeman
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Bay County
- Fountain
- 32438
- 20235 Bain Rd






