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.