Newest Homes for Sale in Southport, FL

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  $314,990 New Construction

  • 3 Beds
  • 2 Baths
  • 1,568 Sq Ft

  Arbor Plan at Harvey Heights - Value Collection, Panama City, FL 32409

  Welcome to the Holiday Builders’ Value collection, where exceptional living begins. Discover the charm of the Arbor new home floorplan. This 3 bedroom, 2 bath home with a 2 car garage, spans 1,568 square feet. As you approach, the covered front entry beckons you inside, setting the tone for what lies beyond. Step into a spacious open living area as your journey begins in the convenient foyer,

  Holiday Builders Builder

  200 Lake Merial Blvd Unit 37786352, Panama City, FL 32409
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  $313,990 New Construction

  • 4 Beds
  • 2 Baths
  • 1,805 Sq Ft

  Grayton Plan at Harvey Heights - Value Collection, Panama City, FL 32409

  Introducing the Grayton, an expansive split floorplan from our Value collection. This new home features 4 bedrooms and 2 baths, offering ample space for the entire family. As you enter through the front door, you’ll be greeted by an open living area, encompassing the great room and dining room. This open concept design creates a seamless flow and a sense of togetherness. The kitchen is a true

  Holiday Builders Builder

  200 Lake Merial Blvd Unit 37786353, Panama City, FL 32409
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  $299,990 New Construction

  • 3 Beds
  • 2 Baths
  • 1,516 Sq Ft

  Addison Plan at Harvey Heights - Value Collection, Panama City, FL 32409

  Introducing the Addison, a floorplan from our Value collection. This thoughtfully designed split layout features 3 bedrooms, 2 baths, and a spacious 2-car garage. The great room seamlessly blends with the dining area and kitchen, creating an open and inviting space perfect for hosting gatherings and celebrating holidays. The owners’ suite is a private retreat, boasting an ensuite bathroom

  Holiday Builders Builder

  200 Lake Merial Blvd Unit 37786236, Panama City, FL 32409
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  $320,990 New Construction

  • 3 Beds
  • 2 Baths
  • 1,721 Sq Ft

  Alden Plan at Harvey Heights - Value Collection, Panama City, FL 32409

  Introducing the Alden, a beautiful home from the Holiday Builders’ Value collection designed to exceed your expectations. This charming 3 bedroom, 2 bath residence encompasses 1,721 square feet of well-designed living space and features a covered front entry that adds an inviting touch. Extra windows allow the abundant sunlight to gracefully dance across the home, infusing the space with a

  Holiday Builders Builder

  200 Lake Merial Blvd Unit 37786237, Panama City, FL 32409
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  /17

  $2,000,000

  • Land
  • 4.4 Acres
  • $454,545 per Acre

  000 Moonlight Bay Dr, Panama City Beach, FL 32407

  Gorgeous +/-4.4 acre secluded property on West Bay. Located at the east-end of Moonlight Bay Drive, which dead-ends into the property. It is known as the 'Oak Grove' as the property has several large oak trees. West Bay on the north side with expansive views across the Bay and a bayou on the south side. Zoned Planned Unit Development (P.U.D.) within the City of Panama City Beach. We believe the

  Chris McCall Counts Real Estate Group Inc

  000 Moonlight Bay Dr, Panama City Beach, FL 32407
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  /22

  $325,000

  TBD Lake Merial Strand Dr, Southport, FL 32409

  WELCOME TO LAKE MERIAL STRAND DRIVE - THIS IS ALMOST 150 FOOT OF LAKEFRONT PROPERTY WITH OVER A 1/2 LOT ON A BEAUTIFUL LAKE IN THE MUCH ANTICIPATED NEW PHASE OF LAKE MERIAL. LAKE MERIAL SUBDIVISION IS ONE OF THE FEW GATED COMMUNITIES IN THE AREA. THIS LARGE LOT IS NESTLED ON THE 300 ACRE SPRING FED LAKE. YOU WILL LOVE THIS PEACEFUL NEIGHBORHOOD. IT HAS A PERFECT BLEND OF SAFETY, COMFORT AND

  Sarah Steverson CENTURY 21 Commander Realty

  TBD Lake Merial Strand Dr, Southport, FL 32409
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  $2,595,000

  • 5 Beds
  • 4.5 Baths
  • 3,723 Sq Ft

  1610 Lost Cove Ln, Panama City Beach, FL 32413

  Brand New Construction with Screened-in Pool + Carriage House located on the 10th Hole of Shark's Tooth Golf Course in the coveted Gated Neighborhood of Wild Heron.Masterfully combining timeless elegance with modern design, this craftsman home spans 3723 sqft offering 5 bedrooms + Loft Space, 4.5 bath, and an array of thoughtfully designed spaces tailored for both comfort and

  Delawalla Group Christies International Real Estate Emerald Coast

  1610 Lost Cove Ln, Panama City Beach, FL 32413
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  /19

  $119,900

  • 2 Beds
  • 1 Bath
  • 700 Sq Ft

  711 Heavener Ln, Panama City, FL 32409

  This 2 bedroom, 1 bath house in Southport could make a nice first home in a quiet area convenient to everything. Close to Bozeman School, it is not far from lots of shopping in Lynn Haven or Panama City. It's also only about 45 minutes to the World's Most Beautiful Beaches. There is a ramp in front as well as a few steps onto the covered porch. Inside is an open floor plan to the kitchen where

  Harvey Webb Counts Real Estate Group

  711 Heavener Ln, Panama City, FL 32409
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  /5

  $203,999

  • Land
  • 2.79 Acres
  • $73,118 per Acre

  625 Brit Pond Rd, Panama City, FL 32409

  Please note, the seller has lowered the price several times and is now firm at the listing price.This 2.79-acre vacant lot in Bay, FL is ideally situated near the Burnt Mill Creek Boat Launch, offering easy access to boating, fishing, and endless outdoor recreation. You’re also just a short drive from Panama City Beach’s shopping, dining, and the Emerald Coast’s renowned white sand beaches.

  Zach Hilferding NEW ALLIANCE GROUP REALTY

  625 Brit Pond Rd, Panama City, FL 32409
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  $315,900 New Construction

  • 4 Beds
  • 2 Baths
  • 1,458 Sq Ft

  The Freeport Plan at Hodges Bayou Plantation, Southport, FL 32409

  Welcome to the Freeport, a new home floor plan at Hodges Bayou Plantation in Southport, Florida. The Freeport is a one-story home with a double garage designed with space for the family in mind and affordability. On the outside, you will see Hardi Board on all sides as well as gutters, an irrigation system, dimensional shingles with a 30-year warranty, and more. As you enter this 4 bedroom, 2

  D.R. Horton Builder

  7298 Big Buck Blvd Unit 37704169, Southport, FL 32409
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  /67

  $575,000

  • 4 Beds
  • 2.5 Baths
  • 3,017 Sq Ft

  160 Lake Merial Blvd, Southport, FL 32409

  Welcome to a TRULY BREATHTAKING HOME in the prestigious, gated Lake Merial Subdivision — where everyday living feels like a Florida vacation. This exclusive waterfront community offers a lifestyle many only dream about. Picture yourself relaxing on your front porch with a peaceful lake view, casting a line for freshwater fishing, kayaking at sunset, or strolling through the neighborhood enjoying

  Eva Mullins Coldwell Banker Realty

  160 Lake Merial Blvd, Southport, FL 32409
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  $637,900

  • 3 Beds
  • 2.5 Baths
  • 2,410 Sq Ft

  130 Lake Merial Blvd, Southport, FL 32409

  Just made a price reduction on this Amazing Custom Home!!This is a Must See Custom Built Home in the Beautiful Gated Community of Lake Merial!! Located just minutes from town and about 15 minutes to the airport. This Beautiful home offers so may custom features you just have to see it to appreciate the true beauty! Some of the homes interior features include a split floorplan with 3 bedroom

  Deborah Class ERA Neubauer Real Estate, Inc

  130 Lake Merial Blvd, Southport, FL 32409
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  /40

  $430,000

  • 5 Beds
  • 3 Baths
  • 2,568 Sq Ft

  3008 Willie Dr, Southport, FL 32409

  * CURRENTLY OFFERING $6,500 IN CLOSING ASSISTANCE! Welcome to 3008 Willie Drive in the desirable Hodges Bayou Plantation community! Tucked away on a quiet cul-de-sac, this spacious five-bedroom, three-bathroom home offers over 2,500 square feet of living space designed for both comfort and functionality. From the moment you walk in, the custom staircase makes a statement. Remodeled with beautiful

  Jennifer Farrell Empire Real Estate of Florida LLC

  3008 Willie Dr, Southport, FL 32409
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  $449,500

  • 4 Beds
  • 2 Baths
  • 2,291 Sq Ft

  10802 Cedar Ridge Ln, Panama City, FL 32409

  RE-PRICED!!! A Charming Home in Cedar Creek Chase Near Deer Point Lake - Spacious Lot, No HOA, & Modern Upgrades! Tucked away on a quiet cul-de-sac and just minutes from beautiful Deer Point Lake, this 4-bedroom, 2-bath home offers the perfect blend of comfort, functionality, and privacy on a generous .70-acre lot. Ideal for boating and fishing enthusiasts, the location provides both

  Maureen Hess Miller & Associates Realty

  10802 Cedar Ridge Ln, Panama City, FL 32409
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  $449,500

  • 2 Beds
  • 2 Baths
  • 1,525 Sq Ft

  1600 Marina Bay Dr Unit 607, Panama City, FL 32409

  On the 6th floor of Marina Bay - Lynn Haven's top waterfront community - this fully furnished bayfront retreat gives you amazing views of North Bay and the marina from the moment you walk in. Everything's ready to go - you can move in and start enjoying life on the water right away.The open living and dining area is bright and roomy, flowing right out to a big balcony where you can enjoy

  Duran Group Berkshire Hathaway HomeServices Beach Properties of Florida

  1600 Marina Bay Dr Unit 607, Panama City, FL 32409
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  $245,000

  6308 Turkey Cove Ln, Panama City Beach, FL 32413

  Build your dream retreat on this spacious 1+ acre lot in the exclusive RiverCamps community, nestled along scenic Crooked Creek with direct access to West Bay. Enjoy unmatched amenities including a private boat launch, day docks, and a protected boat basin perfect for kayaks, skiffs, and jon boats.Residents also have access to a creekside campsite with tents, a fire pit, and bathhouse,

  Jessie Pate Counts Real Estate Group Inc

  6308 Turkey Cove Ln, Panama City Beach, FL 32413
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  $529,000

  • 4 Beds
  • 3 Baths
  • 2,495 Sq Ft

  4021 Osprey Point, Panama City, FL 32409

  BACK ON MARKET - NO FAULT OF THE SELLERS!!! This renovated waterfront home on Deerpoint Lake is a real gem! 4021 Osprey Point, 4-bedroom, 3-bathroom waterside abode located in Osprey Point neighborhood. Recently renovated complete with new appliances, this stunning retreat takes residential living to new standards. Step inside to discover a careful fusion of ease, elegance, and high amenities the

  Mariel Perez Foundation Real Estate Agency LLC

  4021 Osprey Point, Panama City, FL 32409
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  $1,500,000

  • 5 Beds
  • 6.5 Baths
  • 4,928 Sq Ft

  158 Lake Merial Blvd, Southport, FL 32409

  Resort luxury meets everyday living in this custom 5BR, 6.5BA home in the gated, Lake Merial Community! Welcome to 158 Lake Merial Blvd a home of timeless elegance and modern sophistication. Perfectly positioned in the quiet, gated enclave of Lake Merial and just moments from Bozeman School (K-12), this custom-built estate offers 5 bedrooms, 6.5 baths, and an unparalleled blend of comfort,

  Olivier Ducimetiere-Monod Anchor Realty Florida

  158 Lake Merial Blvd, Southport, FL 32409
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  /40

  $360,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,530 Sq Ft

  7801 Ponderosa St, Southport, FL 32409

  This house comes with a REDUCED RATE as low as 4.99% (APR 5.431%) as of 11/13/2025 through List & LockTM. This is a seller paid rate-buydown that reduces the buyer's interest rate and monthly payment. Terms apply, see disclosures for more information. Brand-new 3-bedroom, 2-bath home with 2-car garage on a quiet dead-end street — no HOA fees! This thoughtfully designed home features an open

  Bryan Lawrence Keller Williams Success Realty

  7801 Ponderosa St, Southport, FL 32409
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  $2,250,000

  • 6 Beds
  • 6 Baths
  • 7,351 Sq Ft

  2601 Florida 20, Southport, FL 32409

  Rare Offering: 21-Acre Private Estate. Owner Financing Available. Welcome to 2601 Highway 20 E, a once-in-a-lifetime opportunity to own a breathtaking private estate in Panama City, Florida. Set behind a grand 14-foot private gate and surrounded by over 100 acres of rolling pasture, tall pines, and a fully stocked private lake, this custom-built home offers the perfect balance of luxury,

  Zacarias Sanchez Think Real Estate

  2601 Florida 20, Southport, FL 32409
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  $650,000

  • 3 Beds
  • 3 Baths
  • 1,842 Sq Ft

  1315 Cavanaugh Ln, Panama City, FL 32409

  This beautiful and unique waterfront property is being sold as one piece, but contains two parcels: 1305 and 1315 Cavanaugh Lane. Together, they equal 1.25 acres and 300 ft of waterfront on the sought after Fanning Bayou. The land is full of mature oaks and a portion of the waterfront is in its natural state. There is ample space for a dock and the bayou has deep water access into North Bay. The

  Jamie Proctor Think Real Estate

  1315 Cavanaugh Ln, Panama City, FL 32409
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  /23

  $414,000

  • 4 Beds
  • 3 Baths
  • 2,304 Sq Ft

  3001 Rachel Place, Southport, FL 32409

  Dream Home Alert! Largest Lot in the Neighborhood!Get ready to fall in love with The Destin—a stunning single-story masterpiece that's as eco-friendly as it is luxurious! This 4-bedroom, 3-bathroom, 3-car garage home sits on the biggest lot in the community, offering unmatched space and style. Arrive in your favorite electric car and plug right into the pre-installed EV charger in the garage.

  

  Cheramie Reeder

  LPT Realty LLC

  (448) 236-0718

  3001 Rachel Place, Southport, FL 32409
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  $699,000

  • Land
  • 5 Acres
  • $139,800 per Acre

  00 Cutchens Rd, Southport, FL 32409

  Discover the perfect opportunity to own a stunning piece of waterfront land on Cutchens Road in Southport, Florida. This rare property offers direct frontage on Sheepshead Bayou, which flows into the scenic North Bay. The location provides a unique advantage—your watercraft will be sheltered from storms thanks to the natural protection of the bayou, all while offering quick and easy access to

  James Gray Counts Real Estate Group

  00 Cutchens Rd, Southport, FL 32409
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  /11

  $265,000

  • Land
  • 10.34 Acres
  • $25,629 per Acre

  1533 E Highway 388, Panama City, FL 32409

  Here is your chance to own your own piece of paradise with room for privacy. 10+ acres on Hwy 388 is perfect for a Barndominium or similar style with space between neighbors, room for horses, or all of the above. Picture turning off of the main road to a long driveway with the house sitting back away from the road noise and build your peaceful escape called home. This property is just quick

  Derek McDavid Think Real Estate

  1533 E Highway 388, Panama City, FL 32409
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  $544,278 New Construction

  • 5 Beds
  • 3 Baths
  • 2,685 Sq Ft

  4215 Wood Duck Cove, Southport, FL 32409

  Pictures for reference only. Options and colors may vary. LOT IS OVER HALF AN ACRE!!Welcome to the charming 2685 floor plan brought to you by Adams Homes. With 5 bedrooms and 3 bathrooms, this single-story home provides a functional and versatile living space. The layout of the home is centered around the kitchen and family room. The bedrooms are thoughtfully placed around the sides of the

  Susan Cantrell Adams Homes Realty, Inc.

  4215 Wood Duck Cove, Southport, FL 32409
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  /23

  $2,000,000

  • Land
  • 14.71 Acres
  • $135,962 per Acre

  6822 Hilliard St, Southport, FL 32409

  Beautiful waterfront acreage on North Bay and Fanning Bayou. Approximately 775' Bay front. Zoning allows for five units per acre (Zoned R5-A, Unincorporated Bay County). Great site for a waterfront residential subdivision. The seller has conceptual site plans (attached) to include 9 waterfront lots and 28 interior lots. Other concepts include a marina with dry storage, with +/-42 wet slips,

  Chris McCall Counts Real Estate Group Inc

  6822 Hilliard St, Southport, FL 32409
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  $985,000

  • 1,850 Sq Ft

  13712 Florida 77, Southport, FL 32409

  C3 Zoned Commercial Opportunity in a high growth area! This versatile property offers an ideal location for a variety of business ventures, featuring excellent visibility and convenient access from major thoroughfares. With generous square footage and a flexible layout, it's well-suited for retail, office, or service-based operations. Ample parking ensures ease for both customers and employees.

  JAMIE KITZMILLER Think Real Estate

  13712 Florida 77, Southport, FL 32409
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  /7

  $3,200,000

  • Land
  • 2.07 Acres
  • $1,545,894 per Acre

  14717 Live Oak Rd, Panama City Beach, FL 32413

  Prime Waterfront Development Opportunity - C3 Zoning-An irreplaceable piece of waterfront real estate, this one-of a-kind property offers unmatched flexibility for high-value, water-oriented development. Perfectly suited for a marina, dry boat storage, waterfront restaurant, or virtually any marine-access business-property has water rights and dredge rights. Situated just east of the landmark

  

  Cheramie Reeder

  LPT Realty LLC

  (448) 231-6824

  14717 Live Oak Rd, Panama City Beach, FL 32413
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  /101

  $825,000

  • 4 Beds
  • 2 Baths
  • 3,008 Sq Ft

  169 Lake Merial Blvd, Panama City, FL 32409

  Welcome to 169 Lake Merial Blvd., a rare lakefront estate set on nearly an acre, privately positioned at the edge of the prestigious, gated Lake Merial community. With just one neighboring home and unmatched privacy, this residence offers more than 3,000 sq ft of elegant living space overlooking the sparkling, spring-fed waters of Lake Merial.Inside, you'll find timeless hardwood

  Kaci Hawes ERA Neubauer Real Estate, Inc

  169 Lake Merial Blvd, Panama City, FL 32409
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  /40

  $470,000

  • 3 Beds
  • 2 Baths
  • 2,218 Sq Ft

  12808 Merial Waters Pass, Panama City, FL 32409

  Welcome to 12808 Merial Waters Pass, Panama City, FL 32409 - a stunning residence that combines modern comfort, elegant design, and a prime location in one of Panama City's most desirable neighborhoods. This beautifully maintained home offers an exceptional lifestyle with spacious indoor living spaces, thoughtfully designed features, and seamless indoor-outdoor flow perfect for both entertaining

  Daniel Marks World Impact Real Estate

  12808 Merial Waters Pass, Panama City, FL 32409
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  /49

  $349,000

  • 4 Beds
  • 2.5 Baths
  • 1,820 Sq Ft

  9121 S Burnt Mill Creek Rd, Southport, FL 32409

  Welcome to 9121 Burnt Mill Creek Road! This home is a beautifully renovated, thoughtfully updated, and lightly used second home in the Southport/West Bay area. Offering both a quiet peaceful lifestyle, just steps from the Burnt Mill Creek Boat Launch, for easy access to boating, fishing, and outdoor recreation. While also just a short drive to Panama City Beach's shopping, dining, and the Emerald

  John King Jr LPT Realty LLC

  9121 S Burnt Mill Creek Rd, Southport, FL 32409
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  /7

  $79,900

  • Land
  • 1.63 Acres
  • $49,018 per Acre

  216 Hickory Bluff Rd, Southport, FL 32409

  Spacious 1.63-acre lot offering a perfect mix of open space and mature trees. No HOA restrictions and mobile homes are allowed, giving you the flexibility to create the lifestyle you want. A great opportunity to build your home in a peaceful setting!

  Heather Cole Keller Williams Realty Emerald Coast

  216 Hickory Bluff Rd, Southport, FL 32409
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  /23

  $189,000

  • Land
  • 1.24 Acres
  • $152,419 per Acre

  9704 Summer Creek Dr, Panama City, FL 32409

  Discover this WATERFRONT opportunity to build your dream home on a 1.24-ACRE homesite in the stunning Cedar Creek community on Deer Point Lake. This expansive property with approximately 122' of water frontage offers an idyllic blend of beauty and seclusion in a community nestled within a serene wooded paradise. With approximately 122' of water frontage, this oversized property blends natural

  Carly Sostheim Corcoran Reverie

  9704 Summer Creek Dr, Panama City, FL 32409
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  $99,900

  105 Lake Merial Trail, Panama City, FL 32409

  Lot w/improved concrete pad for 2,354 sf A/C, 4 Bed/2.5 Bath house. Lake Merial Subdivision, gated community, spring fed lake w/common area lake access. This improved lot includes:- Building plans for 4 Bed/2.5 Bath house- PrePaid impact fees- Cleared 1/2 acre lot- Fill dirt is done- Underground utilities are done- Roughed in concrete slab for house & garage-

  Chris Hine Bluewater Commercial LLC

  105 Lake Merial Trail, Panama City, FL 32409
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  /7

  $149,900

  6325 Turkey Cove Ln, Panama City Beach, FL 32413

  FAN OF NATURE? YOU NEED TO BUILD YOUR DREAM HOME HERE! In this gated neighborhood with 450 lots on 500 acres, and an additional 1000 acres dedicated to conservation, you'll have access to 7 miles of hiking trails, canoeing, paddle board, fishing! There is a beautiful community pool with a lap lane. Plans for a brand new clubhouse, with a gym, storage facilities and river house, is in the works.

  Maura Schroeder CENTURY 21 Commander Realty

  6325 Turkey Cove Ln, Panama City Beach, FL 32413
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  $649,999

  10028 Steel Field Rd, Panama City Beach, FL 32413

  Prime development opportunity in Panama City Beach. This property offers future land use approved as Village Center, ideal for mixed-use residential and commercial projects. Positioned near the exploding Margaritaville Latitudes community, it sits directly in the path of growth. The location is unbeatable: just 10 miles to the beaches of Panama City Beach, a quick 10-minute drive to Pier Park,

  Kelly Killick EXP Realty LLC

  10028 Steel Field Rd, Panama City Beach, FL 32413
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  /80

  $975,000

  • 7 Beds
  • 4.5 Baths
  • 4,356 Sq Ft

  111 Lake Merial Blvd, Panama City, FL 32409

  Welcome to 111 Lake Merial Blvd, an extraordinary lakefront home in the sought-after gated community of Lake Merial. With 7 bedrooms and 4.5 bathrooms, including a 940sq ft in-law suite, this property offers unmatched flexibility for multi-generational living and extended guests. Inside the main home:Step into freshly painted spaces with new trim, hardwood floors, tray ceilings, and surround

  Michele Monastra Epique Realty Inc

  111 Lake Merial Blvd, Panama City, FL 32409
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  /27

  $387,900 New Construction

  • 4 Beds
  • 3 Baths
  • 1,968 Sq Ft

  The Madison Plan at Hodges Bayou Plantation, Southport, FL 32409

  Welcome to the Madison, a new home floor plan at Hodges Bayou Plantation in Panama City, Florida. The Madison is one of our many featured one-story homes at the beautiful Hodges Bayou Plantation community. When you walk into the home, you are greeted by a long hallway that is the center point for bedrooms, the laundry room and garage, and leads to the open living room and kitchen. Beautiful

  D.R. Horton Builder

  7298 Big Buck Blvd Unit 37252722, Southport, FL 32409
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  /71

  $699,999

  • 3 Beds
  • 2.5 Baths
  • 2,172 Sq Ft

  7325 Suwanee Ave, Panama City, FL 32409

  Custom-built in 2004 on 9′ pilings with 4′ of fill, this 2,172 sq ft, 3-bed, 2.5-bath home sits on the southeast corner of Fanning Oaks Peninsula with 50′ of frontage on Fanning Bayou/North Bay. Hardie board siding, 2020 metal roof, 2023 gutters, Rinnai tankless water heater, updated septic, and HVAC replaced in 2020. Open living with LVP flooring, built-ins, and bay views from

  William Grimsley Counts Real Estate Group

  7325 Suwanee Ave, Panama City, FL 32409
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  /47

  $650,000

  • 3 Beds
  • 2 Baths
  • 1,826 Sq Ft

  3702 Tippecanoe Ln, Panama City, FL 32409

  Situated on a spacious .62-acre lot, this inviting lakefront home boasts high ceilings and an abundance of natural light, creating a warm and open atmosphere. The open floor plan includes 3 bedrooms and 2 bathrooms, providing ample space for both relaxation and entertaining. Step outside to the expansive screened in back porch, that allows you to enjoy the tranquil lake views while

  Olivia Sanchez Think Real Estate

  3702 Tippecanoe Ln, Panama City, FL 32409

Showing Results 81 - 120, Page 3 of 7