Date
Details
Price
Change
Source
10/02/2026
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 7516 Olde Mill Rd
General
- Price: $349,900
- Taxes: $417 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 796196
- Updated: 10/2/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 2
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
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 Named Subdivision
- Driving Directions: From Panama City, travel north on Hwy 77 toward Southport. Turn right onto County Road 2321 (Highway 2321). Continue to Olde Mill Road. Property is located on the corner of Olde Mill Road and CR 2321. Look for real estate sign.
School Information
- Elementary School: Deane Bozeman
- Middle School: Deane Bozeman
- High School: Deane Bozeman
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Heating Type: Central
Structural Information
- Architectural Style: Cabin
- 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.): 118,048
- Lot Size: 2.71
- Lot Dimensions: 338.0 ft x 350.0 ft
- 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: $417.26
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- 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 Emerald Coast Realty Group
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Listing agent
— 7516 Olde Mill Rd —
Emerald Coast Realty Group
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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
Tax History
Tax History for 7516 Olde Mill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$400
—
$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
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
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- Single Family
- Closed
- Updated 9 days ago
- 4Beds
- 3Total Baths
Sold by Haley Mayer
7516 Olde Mill Road, Southport, FL 32409 (MLS# 796196) is a Single Family property with 2 bedrooms, 2 full bathrooms and 2 partial bathrooms. 7516 Olde Mill Road is currently listed for $349,900 and was received on October 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.