$85,000
$10K PRICE DROP

109 Lake Merial Trail Southport, FL 32409

Estimated payment $633/month

Total Views 1,644
0.52 Acre
$163,462 Price per Acre
22,651 Sq Ft Lot

Highlights

  • Waterfront Community
  • Fishing
  • Gated Community

About This Lot

Live surrounded by trees, play all day by the lake - your dream home awaits in the gated community of Lake Merial, a 300-acre spring fed lake with amenities and a lifestyle you deserve!Nestled on 0.57 acres, this beautiful parcel has been cleared and is ready for build on. This homesite offers the perfect blend of privacy, nature, and possibility for you to build your dream home. At Lake Merial, you'll enjoy a sense of serenity that feels miles away--yet you're still a short drive to it all. Just a few minutes to grocery stores, shopping and more. This lake community exudes relaxation, southern charm and plenty of room from your neighbor while still having that community feel many desire.Whether you're dreaming of a modern lake retreat or a timeless family home surrounded by trees, this homesite is a blank canvas ready to bring your vision to life. Imagine the possibilities of your own private pool, a charming garden to grow your own vegetables, a garage for all the toys, and a place you can spread your wings and enjoy being home.Life at Lake Merial is about more than just a place to live--it's a lifestyle. Enjoy gated security, picturesque walking trails, and access to a stunning 300-acre spring-fed lake perfect for fishing, kayaking, paddleboarding, or simply soaking in the natural beauty. With expansive green spaces and a strong sense of community, Lake Merial offers the ideal mix of peaceful living and convenient access to Panama City, Lynn Haven and Panama City Beach, and everything in between. The Northwest Florida Beaches International Airport is a short 19 minute drive allowing easy access for those who need transportation for work or love to travel. Come walk the lot, breathe in the quiet, and imagine what's possible. Your dream home starts here.

Listing Agent

Carly Sostheim

Corcoran Reverie Listed on: 07/29/2025

Corcoran Reverie

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $639

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 110' x 205'
  • Property fronts a freeway
  • Cleared Lot

HOA Fees

  • $118 Monthly HOA Fees

Schools

  • Deane Bozeman Elementary And Middle School
  • Deane Bozeman High School

Utilities

  • Underground Utilities

Community Details

Overview

  • Association fees include management, fishing rights, ground maintenance
  • Lake Merial Phase One Subdivision

Recreation

  • Waterfront Community
  • Fishing
  • Park

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$639

Lot Details

0

HOA Fees

$118 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.52
  • Lot Size: 110' x 205'
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Subdivision Name: Lake Merial Phase One
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Security Features: Gated Community

Condo/Co-op/Association

  • Association Fee: 353.0
  • Community Features: Fishing, Gated, Park, Waterfront
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Fishing Rights, Maintenance Grounds

Schools

  • Middle Or Junior School: Deane Bozeman

Lot Info

  • Lot Features: Cleared
  • Lot Size Sq Ft: 22521.0
  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Deane Bozeman
  • High School: Deane Bozeman

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $639 $56,100 -- --
2023 $639 $51,000 $51,000 $0
2022 $556 $47,300 $0 $0
2021 $511 $43,000 $43,000 $0
2020 $517 $43,000 $43,000 $0
2019 $516 $43,000 $43,000 $0
2018 $505 $38,390 $0 $0
2017 $432 $34,900 $0 $0
2016 $445 $34,900 $0 $0
2015 $480 $36,455 $0 $0
2014 $447 $34,005 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Price Changed $85,000 -5.6% --
08/19/2025 08/19/25 Price Changed $90,000 -5.3% --
07/29/2025 07/29/25 For Sale $95,000 0.0% --
04/25/2024 04/25/24 Sold $95,000 -5.0% --
03/26/2024 03/26/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $100,000 0.0% --
03/05/2024 03/05/24 Pending -- -- --
01/12/2024 01/12/24 Price Changed $100,000 -9.1% --
12/10/2023 12/10/23 Price Changed $110,000 -8.3% --
11/14/2023 11/14/23 For Sale $120,000 -- --
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,000 Cornerstone Title Agency
Warranty Deed $65,000 Attorney
Warranty Deed $1,050,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,250 New Conventional
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 776853

Central Panhandle Association of REALTORS®

APN: 07504-238-000