7516 Olde Mill Road, Panama City, FL 32409 (MLS# 787792)

7516 Olde Mill Road, Panama City, FL 32409

$500,000

Property Type: Commercial for Sale Square Footage: 1,080 Lot Size (sq. ft.): 118,048 Status: Active

Current Price: $500,000 List Date: 4/02/2026 Last Modified: 6/08/2026

Overview

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.

Listing Details MLS# 787792

Contract Info

List Price/SqFt: 462.96
Sub-Type: Other

Location

Area: 04 – Bay County – North
Street #: 7516
Street Name: Olde Mill
Street Suffix: Road
State: FL
Zip Code: 32409
County: Bay
Sub Area: 0410 – Bay North – West Deerpoint/Southport
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: Yes
Parcel ID: 07865-010-000
Elementary School: Southport
Middle School: Deane Bozeman
High School: Deane Bozeman
Directions: North on Hwy 77, go over Bailey Bridge and turn right on Co. Rd 2321, left on Olde Mill Rd, sits on the corner of 2321 and Olde Mill Rd
Legal Description: 26 2S 14W-3.9-83A BEG 926.37' W & 907' S OF NE COR OF W 1/2 OF SE1/4 OF NW1/4 TH S 338.7' TO N R/W ST RD 77A E 304.67' NELY 311.75' W 438.85 ' TO POB ORB 814 P 91 OR

General Property Info

List Class: Other
Construction Status: Construction Complete
Site Dimensions: 338×350
Acreage: 2.71
SqFt – Workarea: 2
SqFt Tot Bldg: 1080
Year Built: 1966

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: 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.

More Information

Construction/Siding

Siding – Wood: Yes
Trim – Wood: Yes

Other Structures

Garage(s): Yes
Workshop: Yes

Utilities

Electricity – Connected: Yes

Waterview

Bayou: Yes

Waterfront Type

Bayou w/o Gulf Access: Yes

Business/Property

Furnished – None: Yes

Floors in Unit/Home

Two: Yes

Transport. Access

City Road: Yes

Property Features

Other Structures: Garage(s); Workshop Utilities: Electricity – Connected Waterfront Type: Bayou w/o Gulf Access Waterview: Bayou

Listing Office: Think Real Estate

Last Updated: June – 08 – 2026

Information deemed reliable but not guaranteed.