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$500,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 7516 Olde Mill Rd
General
- Price: $500,000
- Taxes: $417 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 787791
- Updated: Today (4/2/2026)
- Added to Site: Today
Interior
- Number of Rooms: 5
- Appliances: Electric Cooktop
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Covered Patio, Patio
- Porch/Patio/Deck: Balcony, Deck, Enclosed, Patio, Covered, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving 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
School Information
- Elementary School: Southport
- Middle School: Deane Bozeman
- High School: Deane Bozeman
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Cabin
- Construction: Wood Siding
- Sq. Ft. Source: Appraiser
- Year Built: 1966
Additional Structures
- Other Structures: Garage(s), Workshop
Lot Features
- Property View: Bayou
- Lot Size (Acres): 2.71
- Lot Size (Sq. Ft.): 118,265
- Lot Size: 2.71
- Lot Dimensions: 338 x 350
- Frontage: City Street
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayou
- Water Front View: Bayou
Financial Considerations
- Tax Amount: $417
- Tax Year: 2025
Disclosures and Reports
- 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
- Property ID: 07865-010-000
Listed by Think Real Estate
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Schools
Schools serving 7516 Olde Mill Rd
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Southport Elementary School 1835 Bridge St, Southport, FL 32409 | PK-5 | 1.3 mi |
Deane Bozeman School 13410 Florida 77, Panama City, FL 32409 | PK-5 | 8.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7516 Olde Mill Rd
Date
Details
Price
Change
Source
4/02/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7516 Olde Mill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$416
4%
$102,981
3%
2024
$400
1%
$100,079
3%
2023
$397
6%
$97,164
9%
2021
$376
2%
$89,056
-3%
2022
$368
-2%
$91,728
4%
2021
$376
2%
$87,826
1%
2019
$369
-4%
$86,825
-1%
2018
$384
-4%
$87,529
—
2017
$400
-2%
$87,816
—
2016
$407
-11%
$87,703
-4%
2015
$457
1%
$90,995
1%
2014
$451
4%
$90,273
1%
2013
$434
—
$88,939
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7516 Olde Mill Rd
7516 Olde Mill Road, Southport, FL 32409 (MLS# 787791) is a Single Family property with 2 bedrooms and 1 full bathroom. 7516 Olde Mill Road is currently listed for $500,000 and was received on April 02, 2026. Want to learn more about 7516 Olde Mill Road? Do you have questions about finding other Single Family real estate for sale in Southport? You can browse all Southport real estate or contact a Coldwell Banker agent to request more information.

