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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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7516 Olde Mill Rd , Panama City, FL 32409
$400,000
Est. Payment: $2,028.72/mo
0 Bed
0 Bath
1080 Sqft
Status: active | Days on site: 112
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House 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.

Highlights

Listed by The Sanchez Group , 850-890-6262 Think Real Estate , 850-270-4200. Bay County Association of REALTORS

Property Type

Commercial Sale

Lot/Acreage
2.71

Year Built

1966

County

Bay

Area

04 - Bay County - North

Neighborhood

[No Recorded Subdiv]

Listing ID

787792

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Principal Interest
$2,029
Taxes
$255

Home Price

$400,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$80,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,028.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,028.72 $255.00 $0.00 $2,283.72
Yearly $24,344.69 $3,060.00 $0.00 $27,404.69
Total $730,340.83 $91,800.00 $0.00 $822,140.83

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T09:45:57.000Z

© 2026 Bay County Association of REALTORS