$400,000
$100K PRICE DROP

7516 Olde Mill Rd Panama City, FL 32409

West Panama City Neighborhood

Estimated payment $2,158/month

Total Views 13,256
2 Beds
1 Bath
1,080 Sq Ft
$370 Price per Sq Ft

Highlights

  • Property fronts a bayou
  • Deck
  • Enclosed Patio or Porch
  • 2.71 Acre Lot
  • No HOA
  • Balcony

About This Home

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.

Listing Agent

Zack Sanchez

Think Real Estate Listed on: 04/02/2026

Think Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $417

Year Built

  • Built in 1966

Lot Details

  • 2.71 Acre Lot
  • Lot Dimensions are 338x350
  • Property fronts a bayou
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Bayou Views
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch

Schools

  • Southport Elementary School
  • Deane Bozeman Middle School
  • Deane Bozeman High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$417

Year Built

Built in 1966

Lot Details

2.71 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 2.71
  • Lot Size: 338x350
  • Road Frontage Type: City Street
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Cabin
  • New Construction: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop
  • Interior Amenities: Upper Level Primary
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Fencing: Fenced
  • View: Bayou
  • Waterfront Features: Bayou
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Covered Patio, Patio
  • Patio And Porch Features: Balcony, Deck, Enclosed, Patio, Covered, Porch

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Deane Bozeman

Lot Info

  • Lot Size Sq Ft: 118265.0

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 417.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Southport
  • High School: Deane Bozeman

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $400 $102,981
2024 $397 $100,079
2023 $397 $97,164 $0 $0
2022 $368 $91,728 $0 $0
2021 $376 $89,056 $0 $0
2020 $376 $87,826 $52,874 $34,952
2019 $369 $86,825 $51,585 $35,240
2018 $384 $87,529 $0 $0
2017 $400 $87,816 $0 $0
2016 $407 $87,703 $0 $0
2015 $457 $90,995 $0 $0
2014 $451 $90,273 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2026 08/18/26 Price Changed $400,000 -20.0% $370 / Sq Ft
04/02/2026 04/02/26 For Sale $500,000 -- $463 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $3,200 None Available
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 787791

Central Panhandle Association of REALTORS®

APN: 07865-010-000

Florida Bay County Panama City 32409 West Panama City

7516 Olde Mill Rd, Panama City, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Zack Sanchez
Listing Agent
Zack Sanchez
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Think Real Estate
(448) 334-6168
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