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$125,000

Situated on approximately 1 acre with direct water access, the property features a private dock, stunning lake views, and plenty of outdoor space to relax and enjoy Florida lake life. The cozy 2-bedroom, 1-bath home has been thoughtfully updated with a newer roof, updated flooring, fresh paint, mini-split system, and a spacious screened porch overlooking the water. Enjoy morning coffee by the lake, sunset evenings on the dock, kayaking, fishing, and the quiet privacy this property provides. Short-term rentals are allowed, making this an excellent investment opportunity or affordable personal retreat. Conveniently located near Marianna, Panama City, and Dothan while still offering the peaceful feeling of getting away from it all. If you've been searching for an affordable waterfront property with charm, privacy, and income potential, this is the one.

2 Beds ⋅ 1 Baths ⋅ 784008 MLS

Situated on approximately 1 acre with direct water access, the property features a private dock, stunning lake views, and plenty of outdoor space to relax and enjoy Florida lake life. The cozy 2-bedroom, 1-bath home has been thoughtfully updated with a newer roof, updated flooring, fresh paint, mini-split system, and a spacious screened porch overlooking the water. Enjoy morning coffee by the lake, sunset evenings on the dock, kayaking, fishing, and the quiet privacy this property provides. Short-term rentals are allowed, making this an excellent investment opportunity or affordable personal retreat. Conveniently located near Marianna, Panama City, and Dothan while still offering the peaceful feeling of getting away from it all. If you've been searching for an affordable waterfront property with charm, privacy, and income potential, this is the one.

519 Mcpherson Drive, Alford

Listing courtesy of Gulf Life Real Estate Inc.

Selling Office: Gulf Life Real Estate Inc.

$50,000

Investor special in Alford! This 4-bedroom, 2-bath property at 502 McPherson Dr presents a strong opportunity for buyers looking to add value. Home needs repairs and updates but has solid bones and a functional layout, making it a good fit for a fix-and-flip, rental hold, or BRRRR strategy. Situated on a spacious lot in a quiet area with easy access to Marianna and surrounding markets. Property is being sold as-is, with no repairs or concessions. Don't miss your chance to capitalize on this one!

4 Beds ⋅ 2 Baths ⋅ 789709 MLS

Investor special in Alford! This 4-bedroom, 2-bath property at 502 McPherson Dr presents a strong opportunity for buyers looking to add value. Home needs repairs and updates but has solid bones and a functional layout, making it a good fit for a fix-and-flip, rental hold, or BRRRR strategy. Situated on a spacious lot in a quiet area with easy access to Marianna and surrounding markets. Property is being sold as-is, with no repairs or concessions. Don't miss your chance to capitalize on this one!

502 Mcpherson Drive, Alford

Listing courtesy of Beycome of Florida LLC.

Selling Office: NON-MEMBER OFFICE.

$40,000

Very motivated sellers on these 2 LAKEFRONT lots!! This sale consists of OVER 2 ACRES OF LAKEFRONT land!! Welcome to the Highlands of Compass Lake. This sale is for 2 side by side lots on beautiful Lake Highland (there is another adjacent lot with different owner available as well - see MLS 775338) Property was bush hogged in 2022 and new survey completed. Even though seller will sell individually (see MLS 695808 & MLS 695810), these 2 lots together would make a perfect getaway. Situated just inside Jackson County, Lake Highland is over 60 acres and offers pristine spring fed enjoyment. No motorized craft are allowed, but electric motors are welcome. For the angler, there is a variety of fish to be had. You are also less than a mile to the public boat ramp of the 600 acre Compass Lake, where fishing and skiing are everyday activities. Come see today and bring your fishing pole. Meas. are approximate.

730240 MLS

Very motivated sellers on these 2 LAKEFRONT lots!! This sale consists of OVER 2 ACRES OF LAKEFRONT land!! Welcome to the Highlands of Compass Lake. This sale is for 2 side by side lots on beautiful Lake Highland (there is another adjacent lot with different owner available as well - see MLS 775338) Property was bush hogged in 2022 and new survey completed. Even though seller will sell individually (see MLS 695808 & MLS 695810), these 2 lots together would make a perfect getaway. Situated just inside Jackson County, Lake Highland is over 60 acres and offers pristine spring fed enjoyment. No motorized craft are allowed, but electric motors are welcome. For the angler, there is a variety of fish to be had. You are also less than a mile to the public boat ramp of the 600 acre Compass Lake, where fishing and skiing are everyday activities. Come see today and bring your fishing pole. Meas. are approximate.

000 Drury Lane, Alford

Listing courtesy of AMERICAN REALTY of Bay Co, Inc.

Selling Office: Chipola Realty.

$39,000

Discover the perfect retreat on this private 3.9-acre lot near the stunning Lake Susan. Nestled on a quiet cul-de-sac, this property offers both seclusion and convenience, with easy access to a nearby community boat launch. Some areas have been partially cleared, while the surrounding wooded landscape ensures privacy and abundant wildlife. Lake Susan awaits for serene days of fishing and kayaking—no motors allowed, so you can enjoy the peaceful waters undisturbed. Whether you're looking to build your dream getaway or simply enjoy nature, this property is a rare find. Call today to schedule a viewing!

770399 MLS

Discover the perfect retreat on this private 3.9-acre lot near the stunning Lake Susan. Nestled on a quiet cul-de-sac, this property offers both seclusion and convenience, with easy access to a nearby community boat launch. Some areas have been partially cleared, while the surrounding wooded landscape ensures privacy and abundant wildlife. Lake Susan awaits for serene days of fishing and kayaking—no motors allowed, so you can enjoy the peaceful waters undisturbed. Whether you're looking to build your dream getaway or simply enjoy nature, this property is a rare find. Call today to schedule a viewing!

Drury Lane, Alford

Listing courtesy of Florida Showcase Realty, LLC.

Selling Office: Florida Showcase Realty, LLC.

$20,000

LAKEFRONT lot. Welcome to the Highlands of Compass Lake. This great lot has approx. 130' on beautiful Lake Highland. This is one of 3 side-by-side lots available. The 2 adjoining lots have a different owner, but you can purchase 1, 2, or all 3 for a large getaway. (see MLS 695808 and 695810 for the other 2 lots). Let's make a deal!! Situated just inside Jackson County, Lake Highland is over 60 acres and offers pristine spring fed enjoyment. No gas-powered craft are allowed on this lake, but electric motors are welcome. For the angler, there is a variety of fish to be had. You are also less than a mile to the public boat ramp of the 600 acre Compass Lake, where fishing and skiing are everyday activities. Come see today and bring your fishing pole. Measurements are approximate.

775338 MLS

LAKEFRONT lot. Welcome to the Highlands of Compass Lake. This great lot has approx. 130' on beautiful Lake Highland. This is one of 3 side-by-side lots available. The 2 adjoining lots have a different owner, but you can purchase 1, 2, or all 3 for a large getaway. (see MLS 695808 and 695810 for the other 2 lots). Let's make a deal!! Situated just inside Jackson County, Lake Highland is over 60 acres and offers pristine spring fed enjoyment. No gas-powered craft are allowed on this lake, but electric motors are welcome. For the angler, there is a variety of fish to be had. You are also less than a mile to the public boat ramp of the 600 acre Compass Lake, where fishing and skiing are everyday activities. Come see today and bring your fishing pole. Measurements are approximate.

574 Mcduff Drive, Alford

Listing courtesy of AMERICAN REALTY of Bay Co, Inc.

Selling Office: AMERICAN REALTY of Bay Co, Inc.

$18,000

Tucked away on McPherson Drive in the desirable Highlands of Compass Lake, this 0.86-acre waterfront lot offers a beautiful setting to bring your vision to life. With water frontage and a peaceful, natural backdrop, the property provides a serene environment that's perfect for a future homesite, weekend retreat, or long-term investment. Enjoy the feel of privacy and space while still being conveniently located near Highway 231, allowing for an easy drive to surrounding towns and Panama City. Whether you're looking to build now or secure land for the future, this spacious waterfront parcel presents a wonderful opportunity in a well-established North Florida community.

785307 MLS

Tucked away on McPherson Drive in the desirable Highlands of Compass Lake, this 0.86-acre waterfront lot offers a beautiful setting to bring your vision to life. With water frontage and a peaceful, natural backdrop, the property provides a serene environment that's perfect for a future homesite, weekend retreat, or long-term investment. Enjoy the feel of privacy and space while still being conveniently located near Highway 231, allowing for an easy drive to surrounding towns and Panama City. Whether you're looking to build now or secure land for the future, this spacious waterfront parcel presents a wonderful opportunity in a well-established North Florida community.

Lot 22 Mcpherson Drive, Alford

Listing courtesy of Elite Realty.

Selling Office: Realty Blu Inc.