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Harrison Lilly

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

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7242 Bay Crest Road Lots 1 & 2 , Southport, FL 32409
$1,100,000
Est. Payment: $5,578.99/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 263
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

FAST-GROWING SOUTHPORT • CLEARED WATERFRONT ACREAGE • NO HOA • OPTION TO PURCHASE TWO PARCELS (5.13 ACRES TOTAL) One of the best waterfront land values in Bay County's fastest-growing area almost fully cleared, no HOA, and ready for your vision. This Bay Crest offering includes a 3.58-acre waterfront parcel with the option to also purchase the adjacent 1.55-acre parcel, creating a rare 5.13-acre combined waterfront assemblage in an area where rare opportunities like this are getting harder to find. The primary parcel features approximately 216 feet of waterfront along Gainer Bayou and offers boating access out to North Bay and beyond. When combined, the two parcels provide approximately 350 feet of total waterfront (per survey/legal descriptions) and significantly expanded flexibility for a private estate, multi-generational family compound, or a small boutique residential development. The County has indicated residential build potential (buyer to verify final density, entitlements, and infrastructure requirements), and the property is zoned R-2 Residential, offering a range of residential-use options. You'll also appreciate the practical advantages: paved road access, nearby public utilities (water and electric available; septic required), and no HOA or deed restrictions holding you back. Bay Crest zoning can also allow design flexibility, including 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 is a major driver of long-term value just minutes to Lynn Haven, with convenient access to Panama City, Northwest Florida Beaches International Airport, and Panama City Beach. Growth and new amenities nearby continue to make Southport a standout for buyers who want space, water, and upside. If you've been waiting for cleared waterfront acreage with flexibility and a strong location this is a rare chance to buy one parcel or assemble both for maximum potential. 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.

Highlights

Listed by Kerry J Jackson , 850-960-8646 and Issabella C Marsh , 850-730-4118 LPT Realty LLC , 877-366-2213. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
5.13

County

Bay

Area

04 - Bay County - North

Neighborhood

No Named Subdivision

Listing ID

781780

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Interior Features

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

Exterior Features

Lot:Paved
Lot Dimensions:288 x 743 x 348 x 758
Sewer:Septic Needed
Principal Interest
$5,579
Taxes
$701

Home Price

$1,100,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$220,000
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:
$5,578.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,578.99 $701.25 $0.00 $6,280.24
Yearly $66,947.91 $8,415.00 $0.00 $75,362.91
Total $2,008,437.28 $252,450.00 $0.00 $2,260,887.28

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 (Southport, 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: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS