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Bay 32409
7516 Olde Mill Road
$349,900
● House - For Sale

7516 Olde Mill Road

Southport, FL 32409
bedrooms
2 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
1,080 Ft²
$1,753
Est. Monthly

About This Property

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.
Unit Size
1,080 Ft²
Days on Market
1 days
Land Size
2.71 acres
Price per sqft
$324
Property Type
House
Property Taxes
$35
HOA Dues
-
Year Built
1966

Listed By

DJ T Janovyak
Emerald Coast Realty Group

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Last updated: 13 hours ago ( #796196)

Price History

Date / Event Date Event Price
Oct 2, 2026 Listed by Emerald Coast Realty Group $349,900
Listed by Emerald Coast Realty Group
Aug 18, 2026 Price Decreased $400,000
↓ $100K (20%)
Price Decreased
Apr 2, 2026 Listed by Think Real Estate $500,000
Listed by Think Real Estate
Rare 2.71-acre waterfront development opportunity on Gainer Bayou in Southport, FL. Gated corner lot at Olde Mill Rd & Co. Rd 2321 with direct bayou frontage, fully fenced perimeter, and detached workshop/storage structure. Minimal improvements -- maximum potential. Prime Acreage.
Jan 13, 2015 Sold
Sold

Property Highlights

Garage
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 2
Full Bathrooms: 2
Rooms: 2
Exterior Details
Square Footage: 1080
Square Footage Source: $0
Architectural Style: Cabin
Year Built: 1966
Waterfront Features: Bayou
Building Area Total: 1080
Other Structures: Garage(s), Workshop
Patio and Porch Features: Deck, Enclosed, Patio, Covered, Porch, Balcony
Lot Size Area: 2.71
Lot Size Units: Acres
Lot Size Acres: 2.71
Lot Size Square Feet: 118048
Lot Size Dimensions: 338.0 ft x 350.0 ft
Financial Details
Tax Annual Amount: $417
Utilities Details
Heating Type: Central

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 20
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 960
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 118,265
  • Lot Size Depth Feet: 3,500
  • Lot Size Frontage Feet: 3,380
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 13
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINES 2ND ADD
  • Land Acres: 0000002715
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: 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

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000204

Zoning

  • Zoning: R1

Geography

  • Parcel: 07865-010-000
  • Meridian: SEC 26 TWN 02S RNG 14W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.2863
  • Longitude: -85.6205

    Address

  • Full Address: 7516 Olde Mill Rd
  • Address - House Number: 7516
  • Address - Street Name: Olde Mill
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Panama City
  • Carrier Code: R021
  • 4-Digit Zip Code: 1877
  • Zip Code: 32409

Valuation

    Tax

  • Total Area: 1,123
  • Tax Year: 2023
  • Tax Amount: $39,677
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 77
  • Final Value: 233,146
  • High Value: 273,542
  • Low Value: 192,750

    Market Valuation

  • Market Total Value: $129,104
  • Market Land Value: $82,709
  • Market Improvement Value: $46,395

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,164

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 13, 2015
  • Current Sale Recording Date: Jan 13, 2015
  • Current Sale Price:
  • Current Sale Document Type: 52
  • Current Sale Input Document Number: 2015001962
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bay


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Frequently Asked Questions

When was property at 7516 Olde Mill Road built and last sold?
The property at 7516 Olde Mill Road was built in 1966 and last sold on Jan 13, 2015 for $3,200.
How much is this home worth?
The estimated value of the home located at 7516 Olde Mill Road is $352,861.
What are some comparable homes to 7516 Olde Mill Road?
There are currently no comparable homes to 7516 Olde Mill Road.