7242 Bay Crest Rd Lot 1, Panama City, FL 32409

GULF ACCESS IN FAST-GROWING SOUTHPORT FL • CLEARED WATERFRONT ACREAGE DOUBLE LOT CAN BE SPLIT• NO HOA One of the best waterfront values in Bay County's fastest-growing area--fully cleared, no HOA, and ready for your vision. This 3.58-acre Bay Crest parcel offers rare scale and privacy on Gainer Bayou with approximately 216 feet of waterfront and boating access out to North Bay and beyond. Located next door to another Bay Crest property known for exceptional waterfront value, this tract is ideal for a private estate, family compound, or a small boutique development. The County has indicated the potential for up to five homes (buyer to verify final density, entitlements, and infrastructure requirements), giving builders and investors real upside on a stretch of waterfront land where opportunities like this are getting harder to find. Zoned R-2 Residential, the property offers flexibility for a range of residential uses. You'll appreciate the practical side too: paved road access, nearby public utilities (water and electric available; septic required), and no HOA or deed restrictions holding you back. Bay Crest zoning also allows design flexibility, including the option for 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 makes this even more compelling. You're just minutes to Lynn Haven, with easy access to Panama City, Northwest Florida Beaches International Airport, and the beaches--plus growing daily convenience nearby. With continued growth pushing north and outward, Southport is quickly becoming one of the most watched areas in Bay County for those who want space, water access, and long-term value. If you've been waiting for a cleared waterfront tract with acreage, flexibility, and strong upside this is the one to see. 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.