20235 Bain Rd

Fountain, FL 32438

$499,900
Price
4
Beds
2,500 Sq. Ft.
$200 / Sq. Ft.
2,500
Sq. Ft.
$200
per Sq. Ft.

Description

Incredible opportunity for investors! This cleared and usable 20-acre parcel is located just 45 minutes from Panama City, directly across from Deep Springs Park. With road access on three sides, the property offers excellent potential for a private residence, campground, multi-family project, or the construction of additional homes or cabins. The property includes a 4-bedroom, 1.5-bath home in the final stage of construction, offering 2,500 sqft, modern tile flooring throughout, a beautiful contemporary...Incredible opportunity for investors! This cleared and usable 20-acre parcel is located just 45 minutes from Panama City, directly across from Deep Springs Park. With road access on three sides, the property offers excellent potential for a private residence, campground, multi-family project, or the construction of additional homes or cabins. The property includes a 4-bedroom, 1.5-bath home in the final stage of construction, offering 2,500 sqft, modern tile flooring throughout, a beautiful contemporary kitchen, and a newly installed septic system. Only minor finishes remain, including portions of the front and back porch roofs, fascia, siding, and one toilet. Property is being sold AS IS. Equipped with 4 deep water wells, the land is ideal for agricultural use and currently supports cows, horses, and a thriving vegetable garden. With no HOA, no restrictions, and a recent survey included, this property is a rare combination of privacy, infrastructure, and future potential—perfect for cash buyers.
  1. Listed by Stephania Ruiz Ojeda • IXL Real Estate Florida

Property Details for 20235 Bain Road

Architectural Style
Ranch
Subdivision Name
[No Recorded Subdiv]
Zoning Description
Agriculture
LISTING UPDATED: 12/02/2025 05:45 AM

Property Details for 20235 Bain Road

StatusActive
MLS #776249
Days on Market176
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence / Single Family Residence
Year Built-
Lot Size20.00 AC / 871,200 SF
CountyBay County

Location

Listing Courtesy of IXL Real Estate Florida
Add your commute

Building Information for 20235 Bain Road

Stories1Year Built-Building Size-Lot Size20.00 AC / 871,200 SF

Payment Calculator

$2,537 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,470

Property Taxes

$67

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20235 Bain Road

Summary
Location and General Information
  • City: Fountain
  • County Or Parish: Bay
  • Directions: From Panama City, take Hwy 231 North for approximately 35 miles. Turn right onto Bain Rd. Continue on Bain Rd for about 2.5 miles. The property will be on the left, directly behind the park 'Deep Spri
  • State Region: FL
  • Postal Code: 32438
  • Latitude: 30.515562
  • Longitude: -85.458771
  • State Or Province: FL
  • MLS Area Major: 04 - Bay County - North
  • MLS Area Minor: 0412 - Bay North - Fountain Area
Taxes and HOA Information
  • Parcel Number: 00457-010-000
  • Association: No
  • Tax Legal Description: 5 1N 12W 20AC -30.1- N1/2 OF NW1/4 OF SE1/4 ORB 4523 P 288
School Information
  • Elementary School: Waller
  • High School: Deane Bozeman
  • Middle Or Junior School: Merritt Brown
Parking
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 2500.0
  • Lot Size Acres: 20.0
  • Lot Size Area: 20.0
  • Lot Size Dimensions: 660 X 1320
  • Lot Size Units: Acres
  • Lot Size Square Feet: 871200.0
  • Living Area Source: Owner
Property and Assessments
  • New Construction: Yes
  • Human Modified: No
Interior and Exterior Features
Exterior Features
  • Fencing: Partial
  • Community Features: Short Term Rental Allowed
  • Construction Materials: Hardiplank Type, Wood Frame
Interior Features
  • Levels: One
  • Stories: 1
  • Stories Total: 1
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Rooms Total: 4
  • Cooling: Yes
  • Cooling: Central Air
  • Appliances: Electric Range
Room Information
Room 1
  • Room Dimensions: 12 x 8
  • Room Length: 12.0
  • Room Type: Bedroom
  • Room Width: 8.0
Room 2
  • Room Dimensions: 12 x 12
  • Room Length: 12.0
  • Room Type: Bedroom
  • Room Width: 12.0
Room 3
  • Room Dimensions: 12 x 12
  • Room Length: 12.0
  • Room Type: Bedroom
  • Room Width: 12.0
Room 4
  • Room Dimensions: 20 x 12
  • Room Length: 20.0
  • Room Type: Primary Bedroom
  • Room Width: 12.0
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 20235 Bain Road

DateEvent & SourcePriceAppreciation
Jul 14, 2025

Listed (Active)

CPAR #776249

$499,900—
Jan 24, 2022

Withdrawn

CPAR #714087

$79,999—
Sep 1, 2021

Expired

CPAR #700921

$125,000—
Jul 13, 2021

Listed (Active)

CPAR #714087

$99,999—
Aug 14, 2020

Listed (Active)

CPAR #700921

$125,000—
Jul 1, 2015

Expired

CPAR #621645

$43,000—
Jun 30, 2015

Expired

ECAR #708708

$43,000—
Jun 25, 2015

Expired

CPAR #621638

$43,000—
Jun 27, 2014

Listed (Active)

CPAR #621645

$43,000—
Jun 27, 2014

Listed (Active)

CPAR #621638

$43,000—
Jun 27, 2014

Listed (Active)

ECAR #708708

$43,000—
DateEvent & SourcePrice
07/14/2025

Listed (Active)

CPAR #776249

$499,900
01/24/2022

Withdrawn

CPAR #714087

$79,999
09/01/2021

Expired

CPAR #700921

$125,000
07/13/2021

Listed (Active)

CPAR #714087

$99,999
08/14/2020

Listed (Active)

CPAR #700921

$125,000
07/01/2015

Expired

CPAR #621645

$43,000
06/30/2015

Expired

ECAR #708708

$43,000
06/25/2015

Expired

CPAR #621638

$43,000
06/27/2014

Listed (Active)

CPAR #621645

$43,000
06/27/2014

Listed (Active)

CPAR #621638

$43,000
06/27/2014

Listed (Active)

ECAR #708708

$43,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20235 Bain Road

Taxable ValueLand$65,576Additions$5,854Total$71,430
Tax Record2024$805 ($67 / month)
Home Facts
Beds0Total Finished SqFt812 SqFtAbove Grade Finished SqFt812 SqFtStories1Lot Size871,200 SqFtStyleMiscellaneous Vacant LandYear Built1972ZoningBC01CountyBAYAPN00457-010-000

Schools near 20235 Bain Road

This home is within Bay.
Rating
School
Type
Grades
Distance
Waller Elementary School
Public - PK to 5
Deane Bozeman School
Public - PK to 12
Merritt Brown Middle School
Public - 6 to 8
North Bay Haven Career Academy
Charter - 9 to 12
Rating
School
Distance
Waller Elementary School
PublicPK to 5

Deane Bozeman School
PublicPK to 12

Merritt Brown Middle School
Public6 to 8

North Bay Haven Career Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 20235 Bain Road, Fountain, FL 32438

20235 Bain Road is a single family home for sale in Fountain, FL 32438. This property was listed for sale on July 14, 2025 by IXL Real Estate Florida, it's currently listed at $499,900. This listing's school district is Bay. Nearby schools include Waller Elementary School, Deane Bozeman School and Merritt Brown Middle School. 20235 Bain Road is a 4-bed, 2-bath, 2,500 sqft single family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of IXL Real Estate Florida

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.