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.
For sale
$500,000
7516 Olde Mill Rd, Southport, FL 32409
2beds
1,080sqft
Est.:
Single Family Residence
Built in 1966
2.71 Acres Lot
$462,600 Zestimate®
$463/sqft
$-- HOA
What's special
Gated corner lotDirect bayou frontageFully fenced perimeter
- 51 days |
- 275 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
The Sanchez Group 850-890-6262,
Think Real Estate
Source: CPAR,MLS#: 787791
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Second
- Dimensions: 14 x 8
Bedroom
- Level: First
- Dimensions: 11 x 8
Bedroom
- Level: First
- Dimensions: 12 x 8
Kitchen
- Level: First
- Dimensions: 10 x 10
Living room
- Level: First
- Dimensions: 25 x 15
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop
Interior area
- Total structure area: 1,080
- Total interior livable area: 1,080 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Patio & porch: Balcony, Deck, Enclosed, Patio, Covered, Porch
- Exterior features: Covered Patio, Patio
- Fencing: Fenced
- Has view: Yes
- View description: Bayou
- Has water view: Yes
- Water view: Bayou
- Waterfront features: Bayou
Lot
- Size: 2.71 Acres
- Dimensions: 338 x 350
Details
- Additional structures: Garage(s), Workshop
- Parcel number: 07865010000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Southport
Financial & listing details
- Price per square foot: $463/sqft
- Tax assessed value: $144,438
- Annual tax amount: $417
- Date on market: 4/2/2026
- Cumulative days on market: 52 days
- Electric utility on property: Yes
Estimated market value
$462,600
$435,000 - $486,000
$1,612/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $500,000+179.3%$463/sqft |
Source:  CPAR #787791 Report a problem | ||
| 9/29/2011 | Listing removed | $179,000$166/sqft |
Source: Real Estate Group #411929 Report a problem | ||
| 8/19/2011 | Listed for sale | $179,000$166/sqft |
Source: Real Estate Group #411929 Report a problem | ||
| 5/21/2011 | Listing removed | $179,000$166/sqft |
Source: Scott Ingraham Real Estate Group #411929 Report a problem | ||
| 11/20/2010 | Listed for sale | $179,000+616%$166/sqft |
Source: Scott Ingraham Real Estate Group #411929 Report a problem | ||
| 11/1/1980 | Sold | $25,000$23/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $400 +0.8% | $100,079 +3% |
| 2023 | $397 +7.7% | $97,164 +5.9% |
| 2022 | $368 | $91,728 |
| 2021 | -- | -- |
| 2020 | $376 +2% | $87,826 +1.2% |
| 2019 | $369 | $86,825 -0.8% |
| 2018 | $369 -3.9% | $87,529 -0.3% |
| 2017 | $384 -3.9% | $87,816 +0.1% |
| 2016 | $400 -12.6% | $87,703 -3.6% |
| 2015 | $457 | $90,995 +0.8% |
| 2014 | $457 | $90,273 +1.5% |
| 2013 | -- | $88,939 -1.3% |
| 2012 | -- | $90,076 +10.9% |
| 2011 | -- | $81,193 +1.5% |
| 2010 | -- | $79,993 +2.7% |
| 2009 | -- | $77,890 +0.1% |
| 2008 | -- | $77,812 +3% |
| 2007 | -- | $75,546 +2.5% |
| 2006 | -- | $73,703 +3% |
| 2005 | -- | $71,556 +3% |
| 2004 | -- | $69,472 +1.9% |
| 2003 | -- | $68,177 +2.4% |
| 2002 | -- | $66,579 +1.6% |
| 2001 | -- | $65,531 +3% |
| 2000 | -- | $63,622 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 32409
Nearby schools
GreatSchools rating
- 5/10Southport Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 8/10North Bay Haven Charter Academy Middle SchoolGrades: 6-8Distance: 3.8 mi
- 7/10North Bay Haven Career AcademyGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Southport
- Middle: Deane Bozeman
- High: Deane Bozeman
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Bay County
- Southport
- 32409
- 7516 Olde Mill Rd
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