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5027 Bayhead Road
About This Property
The property is located in a low-density, rural area with limited surrounding development and minimal traffic. Deer Point Lake views are present, and the property is near a public boat ramp, providing access to freshwater recreation.
Property Details:
Total acreage: 4.72 acres
Zoning: R-1 Single Family Residential
Suitable for development or single homesite
Deer Point Lake views
Paved road frontage on Bay Head Road
Nearby lake access and boat ramp
Location & Distance Information:
18 miles to Downtown Panama City
24 miles to Tyndall Air Force Base
23 miles to Panama City Beach
30 miles to Northwest Florida Beaches International Airport (ECP)
43 miles to I-10
This property offers acreage, lake-area proximity, and a quiet setting while remaining within driving distance of major employment centers, beaches, and transportation corridors. Ideal for buyers searching for land for sale in Youngstown FL, acreage near Panama City, R-1 zoned property, or property near Deer Point Lake.
Buyer to verify all measurements, zoning, and development potential.
Listed By
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2026 | Listed by Counts Real Estate Group Inc | $199,900 | |
| Listed by Counts Real Estate Group Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017