For sale Home

Listed Aug 24, 2026

$799,000 Est. $5,285/mo

7325 Highway 2302

  • 4

    Beds

  • 3

    Baths

  • 3,200

    Sq ft

The story

  • Waterfront

Beautiful Bayou Waterfront Home with Direct Bay Access & Rental Potential Enjoy stunning waterfront views and direct access to the Bay from this spacious 4-bedroom, 2.5-bath home. A boat ramp conveniently located across the street makes this property an ideal opportunity for boating, fishing, and enjoying the coastal lifestyle. The home offers a generous living area with beautiful vaulted ceilings, plus a separate dining room that could also serve as an office or flex space. A bonus room downstairs, currently located within the enclosed garage area, provides additional versatility. Significant improvements were completed following Hurricane Michael, including a new roof, upstairs windows, spray foam insulation throughout, electrical wiring, sheetrock, and flooring. The downstairs bathroom also has space to add a shower, offering an opportunity for additional functionality. All appliances and window coverings convey with the property. Adding even more value is a small block building at the front of the property. This building was previously used as a rental before Hurricane Michael and could potentially be repaired and rented for approximately $1,000+ per month, providing an additional income opportunity. The property is reportedly zoned for Multi-Use, less than 10 units, offering potential flexibility for future use. Buyers should verify zoning, permitted uses, and development possibilities with the appropriate planning and zoning authority. County water and septic serve both buildings. Highlights: 4 bedrooms / 2.5 bathrooms Beautiful bayou and Bay views Direct access to the Bay Boat ramp directly across the street Spacious living area with vaulted ceilings Separate dining room or office Downstairs bonus room Enclosed garage New roof Updated upstairs windows Spray foam insulation Updated electrical, sheetrock, and flooring after Hurricane Michael Downstairs bathroom with room to add a shower Appliances and window coverings convey Separate block building with potential rental income County water and septic for both buildings Potential multi-use zoning--buyer to verify with planning/zoning

Facts & features

Home type

Home

Year built

1974

Floors

2

Lot size

2 acres

Price per sq ft

$250

Included features

  • Cooling

    Ductless, Heat Pump

  • Heating

    Ductless, Electric, Heat Pump

  • Appliances

    Convection Oven, Electric Oven, Electric Water Heater

  • Roof

    Metal

  • Lot Information

    Paved

  • Exterior

    Dock

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$5,285 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,253
  • Property tax $799
  • Insurance $233

Includes principal, interest, taxes & insurance.

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Listing Broker

Thompson Trust Realty Inc

Broker Name

Thompson Trust Realty Inc

Agent

Stoney L Thompson

Location

Panama City FL 32401