Wow .66 acres in Compass Lakes Hills build your dream home or invest for the future at this great price. No HOA or CDD fees No time to build. There are homes nearby as you can see in the photos. Compass Lakes in the Hills is Located almost equal distance from the beaches of Panama City and the rolling countryside of Dothan, Alabama. There’s boating, fishing, and canoeing for your outdoor activities. Act now before prices go up.