$99,000
$6K PRICE DROP

116 Lake Merial Trail Lake Merial Phase One, FL 32409

Estimated payment $711/month

Total Views 3,709
0.57 Acre
$173,684 Price per Acre
24,829 Sq Ft Lot

Highlights

  • Fishing
  • Wooded Lot
  • Interior Lot
  • Gated Community

About This Lot

Situated on one of the larger interior lots in the community, this 0.57-acre parcel offers the perfect blend of space, privacy, and natural beauty. With just over half an acre of wooded landscape, the lot provides a peaceful, secluded setting ideal for those looking to build their dream home. Backing up to a lush vegetation buffer, you'll enjoy enhanced privacy with no rear neighbors, creating a serene backdrop and sense of tranquility that's hard to find.This property is a true blank canvas, perfect for builders or buyers ready to bring their vision to life. The generous dimensions offer plenty of flexibility for home design, outdoor living spaces, and lush landscaping. Whether you're dreaming of a cozy retreat tucked among the trees or a spacious family home with room to grow, this lot is ready to accommodate your plans with ease.The gated community of Lake Merial provides an exceptional range of amenities, including gated access, scenic walking trails, expansive green spaces, and the pristine 300-acre spring-fed lake, ideal for fishing, paddle boarding, kayaking, and more. Renowned for its perfect balance of safety, comfort, and convenience, this neighborhood offers a coveted lakefront lifestyle, all while being conveniently located near the acclaimed dining and entertainment options of Panama City and PCB. Schedule a viewing today and begin experiencing the serene coastal lifestyle you deserve.

Listing Agent

Grace Byrd

Corcoran Reverie License #SL3590786 Listed on: 04/23/2025

Corcoran Reverie

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $639

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 110 x 226
  • Property fronts a freeway
  • Interior Lot
  • Wooded Lot

HOA Fees

  • $118 Monthly HOA Fees

Schools

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

Community Details

Overview

  • Association fees include management, fishing rights, ground maintenance
  • Burg Management Association
  • Lake Merial Subdivision

Recreation

  • 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: 0.57
  • Lot Size: 110 x 226
  • Road Frontage Type: Freeway
  • Road Surface Type: Paved
  • Subdivision Name: Lake Merial
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Other, Sewer Available, Trash Collection, Water Available
  • Security Features: Gated Community

Condo/Co-op/Association

  • Association Fee: 353.0
  • Community Features: Fishing, Gated, Park, Sidewalks
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association Name: Burg Management
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Deane Bozeman

Lot Info

  • Lot Features: Interior Lot, Wooded
  • Lot Size Sq Ft: 24829.0
  • Zoning Description: Resid Single Family

MLS Schools

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

Map

Range of Values:

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Average Value
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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 $511 $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
07/29/2025 07/29/25 Price Changed $99,000 -5.7% --
04/23/2025 04/23/25 For Sale $105,000 -- --
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Corporate Deed $119,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $122,350 Purchase Money Mortgage
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 772437

Central Panhandle Association of REALTORS®

APN: 07504-248-000