Southport, FL Homes for Sale under $500,000

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  /9

  $349,500

  • 4 Beds
  • 2 Baths
  • 1,806 Sq Ft

  106 Merrion Rd, Southport, FL 32409

  Available immediately . Fish from your backyard!! Welcome to your relaxing waterfront home and enjoy the nature surrounding you. 4 bedroom, 2 bath. Located in Fanning Bayou a family friendly community.Community pool , hot tub, grilling area and playground.Ideal for relocating military family. 1806 sq ftLarge closets in Every bedroom.LVP/carpet floors. Blinds throughout. Freshly

  Stephen Hachey Lowest Fee Realty LLC

  106 Merrion Rd, Southport, FL 32409
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• 

  

  

  /30

  $334,900

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,107 Sq Ft

  3174 Sawgrass St, Panama City, FL 32404

  Welcome to 3174 Sawgrass Street, a new home floor plan at Hodges Bayou Plantation in Southport, Florida. The Creekside is a thoughtfully designed one-story home with a large open floor plan. This 5 bedroom, 3 bath home has 2,107 square feet of spacious, comfortable living. Inside the Creekside you will see 9' ceilings throughout, engineered vinyl plank flooring in the main areas of the home, and

  D.R. Horton Builder

  3174 Sawgrass St, Panama City, FL 32404
• 

  

  /2

  $349,900

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,284 Sq Ft

  3166 Sawgrass St, Panama City, FL 32409

  Welcome to 3166 Sawgrass Street, a new home floor plan at Hodges Bayou Plantation in Southport, Florida. The Penwell is a comfortable two-story home with 4 bedrooms and 2 and a half bathrooms. Walking up to this home you will see beautiful brick siding on the front of the home with durable vinyl siding on the sides and rear of the home. A covered front porch offers a space for outdoor seating to

  D.R. Horton Builder

  3166 Sawgrass St, Panama City, FL 32409
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  /43

  $357,900

  New Construction

  • 4 Beds
  • 2.5 Baths
  • 1,960 Sq Ft

  3135 Sawgrass St, Southport, FL 32409

  Welcome to the Aisle, a new home floor plan at Hodges Bayou Plantation in Panama City, Florida. The Aisle floor plan is a spacious 2-story 4 bedroom, 2.5 bathroom, with 1,960 square feet and includes a two-car garage. On the first floor immediately when you walk in, you will notice a spacious open kitchen, dining, and living room design. You will think of endless possibilities for laying out how

  Mark Miles DR Horton Realty of Emerald Coast, LLC

  3135 Sawgrass St, Southport, FL 32409
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  /29

  $369,900

  New Construction $15K PRICE INCREASE

  • 4 Beds
  • 2 Baths
  • 1,799 Sq Ft

  1416 Destini Ln, Southport, FL 32409

  Welcome to 1416 Destini Lane, a new home floor plan located at the peaceful Destini Lane community in Southport, Florida. The Cali is one of our popular one-story floor plans used in many communities across the country, making it an excellent choice for a new home. With this 4 bedroom, 2 bath home, you will see 1,799 square feet of spacious, comfortable living. This home is built on a large lot,

  D.R. Horton Builder

  1416 Destini Ln, Southport, FL 32409
• 

  

  /22

  $349,990

  New Construction

  • 4 Beds
  • 2 Baths
  • 2,000 Sq Ft

  Springsteen Plan at Riverbend Run - The Classics, Southport, FL 32409

  This single-story home shares an open layout between the kitchen, nook and family room for easy entertaining, along with access to the covered patio for year-round outdoor lounging. A luxe owner's suite is in a rear of the home and comes complete with an en-suite bathroom and walk-in closet. There are three secondary bedrooms near the front of the home, ideal for household members and overnight

  Lennar Builder

  12340 Bowen Way Unit 40540508, Southport, FL 32409
• 

  

  /35

  $239,900

  • 3 Beds
  • 2 Baths
  • 2,432 Sq Ft

  7515 Jefferson Ave, Southport, FL 32409

  *Seller Financing Available!* Spacious 3BR/2BA manufactured home offering 2,432 sq ft of comfortable living in a peaceful country setting--just 4 miles from Lynn Haven. This home features oversized bedrooms, each with large walk-in closets, and a relaxing primary suite complete with a soaking tub.The open-concept layout includes a generously sized kitchen with a large island--perfect for

  Melisa Caporella Coldwell Banker Realty

  7515 Jefferson Ave, Southport, FL 32409
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  /37

  $464,900

  New Construction $15K PRICE INCREASE

  • 5 Beds
  • 3 Baths
  • 3,044 Sq Ft

  1413 Destini Ln, Southport, FL 32409

  Welcome to the Mckenzie, a new home floor plan in sunny Panama City, Florida. The Mckenzie is a large, beautiful home with many popular layout choices including an open kitchen and living room, as well as a front study a separate dining room. This 3,000+ square foot home comes with 5 bedrooms, 3 bathrooms, and a two-car garage as well as a covered front porch and a spacious covered rear patio.

  Mark Miles DR Horton Realty of Emerald Coast, LLC

  1413 Destini Ln, Southport, FL 32409
• 

  

  /35

  $497,400

  New Construction

  • 4 Beds
  • 3 Baths
  • 2,750 Sq Ft

  212 Lake Merial Blvd, Panama City, FL 32409

  Introducing the Rosemary floorplan from the Cornerstone collection by Holiday Builders. This impressive home offers 4 bedrooms, a den, 3 total baths, a 2-car garage, and 2,750 square feet of luxurious living space.As you enter through the stately covered porch, you’ll step into a welcoming foyer. To the right, a formal dining room awaits, providing an elegant space for hosting dinner parties

  Holiday Builders Builder

  212 Lake Merial Blvd, Panama City, FL 32409
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  /34

  $419,900

  New Construction $15K PRICE INCREASE

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

  1414 Destini Ln, Southport, FL 32409

  Welcome to 1414 Destini Lane, a new home floor plan located at Destini Lane in Southport, Florida. The Sawyer is a large, open floor plan design with more than enough room for you to enjoy your home comfortably. This 5 bedroom, 3 bath home has 2,516 square feet of open comfort and has many features including EVP flooring, granite countertops, a two-car garage, and more. This home is perfect for

  D.R. Horton Builder

  1414 Destini Ln, Southport, FL 32409
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  /48

  $349,000

  New Construction $26K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,475 Sq Ft

  1439 1st St, Southport, FL 32409

  This new construction home is NOW COMPLETE and filled with upgrades including stunning custom millwork throughout! Additional land also available for sale adjacent to the property. No expense was spared in the construction of this gorgeous 3 bedroom, 2 bath home designed and built by Southern Belle Construction. This home is a single level with a split floorpan, vaulted ceilings throughout the

  Carly Sostheim Corcoran Reverie

  1439 1st St, Southport, FL 32409
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  /11

  $349,000

  • Land
  • 10,454 Sq Ft
  • $1,454,167 per Acre

  119 Cashel Mara Dr, Panama City, FL 32409

  Discover an extraordinary opportunity to create your DREAM waterfront home overlooking the North Bay. This finished and cleared homesite promises boundless potential for designing a custom residence that captures the essence of luxury and tranquility. With expansive views that stretch across the water, your future home could be a true oasis. Nestled in the quiet community of Mill Point Landing,

  Nicolle Cable Corcoran Reverie

  119 Cashel Mara Dr, Panama City, FL 32409
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  /11

  $255,900

  $4K PRICE DROP

  • Land
  • 8 Acres
  • $31,988 per Acre

  7909 Madison Ave, Southport, FL 32409

  RARE SOUTHPORT OPPORTUNITY! Prime 8-acre parcel located in the heart of the rapidly growing Southport area, offering endless potential for development, investment, or your private estate. Properties with this much usable acreage, existing improvements, and development flexibility are becoming increasingly hard to find in North Bay County. This property has already undergone major improvements,

  Tillery Johnson Top Producers Real Estate Group

  7909 Madison Ave, Southport, FL 32409
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  /42

  $292,000

  $33K PRICE DROP Pre-Foreclosure

  • Land
  • 4.58 Acres
  • $63,755 per Acre

  6312 Highway 77, Southport, FL 32409

  An exceptional opportunity to own a truly stunning property offering views of the bay, marsh, and bridge! Encompassing 4.58 acres on the northeast side of Bailey Bridge, this parcel is ideally suited for a private estate or a planned development. The land has been partially cleared and surveyed with the intent to divide it into two lots, allowing for the potential to build a duplex on each

  Bri Gambrell Foundation Real Estate Agency LLC

  6312 Highway 77, Southport, FL 32409
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  /15

  $215,000

  $20K PRICE INCREASE

  • Land
  • 9,583 Sq Ft
  • $977,273 per Acre

  1117 E Water Oak Bend, Panama City Beach, FL 32413

  Lot is owned by listing agent. Lot is close to pool and boat house. Very private and lots of trees. Lot back up to wet lands and from the back of the lot you can see lake Powell. Close to boat house, gym, pool and park. The lot next door is also owned by seller if new buyer wanted to combined both lots for extra room privacy. listing agent is seller.

  Colleen Dietrich Dalton Wade Inc

  1117 E Water Oak Bend, Panama City Beach, FL 32413
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  /25

  $309,990

  New Construction

  • 4 Beds
  • 2 Baths
  • 1,810 Sq Ft

  Dimaggio Plan at Riverbend Run - The Majors, Southport, FL 32409

  This new single-story home boasts a convenient and low-maintenance layout. Three bedrooms are secluded near the front of the home, leading to a spacious and flexible open-concept layout where the kitchen, dining room and family room meet. Nestled into a private rear corner is the lavish owner’s suite, featuring a full bathroom and walk-in closet.

  Lennar Builder

  12340 Bowen Way Unit 40466301, Southport, FL 32409
• 

  

  /13

  $379,000

  • 3 Beds
  • 2 Baths
  • 1,560 Sq Ft

  12835 Farm Rd, Southport, FL 32409

  4 Acres - 3 Bed 2 bath home sits on a lovely section of 4 acres to offer a country setting in the desired Southport Area with a short ride to restaurants, schools, shopping, boat launch and sports parks. There is 2 wooded acres in the back and a side section fenced and ready for your horses, while the home sits on a cleared portion of property with rose bushes, blue berry bushes and you can enjoy

  Susan Tucker Hitchcock Real Estate LLC

  12835 Farm Rd, Southport, FL 32409
• 

  

  /21

  $269,990

  New Construction $11K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,413 Sq Ft

  348 Baylor St, Southport, FL 32409

  This new three-bedroom home offers convenient single-story living, ideal for modern lifestyles. Two bedrooms are located near the front of the home surrounding a full bathroom, adjacent to a spacious and flexible open-concept layout shared between the kitchen, living and dining areas. A luxurious owner’s suite provides a serene retreat at the back of the home with an en-suite bathroom and walk-in

  Lennar Builder

  348 Baylor St, Southport, FL 32409
• 

  

  /30

  $334,900

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,107 Sq Ft

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

  Welcome to the Creekside, a new home floor plan at Hodges Bayou Plantation in Southport, Florida. The Creekside is a thoughtfully designed one-story home with a large open floor plan. This 5 bedroom, 3 bath home has 2,107 square feet of spacious, comfortable living. Inside the Creekside you will see 9' ceilings throughout, engineered vinyl plank flooring in the main areas of the home, and soft

  D.R. Horton Builder

  7298 Big Buck Blvd Unit 40105190, Southport, FL 32409
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  /41

  $334,000

  • 4 Beds
  • 2 Baths
  • 1,788 Sq Ft

  102 Spikes Cir, Panama City, FL 32409

  STOP scrolling and look inside 102 Spike Circle where thoughtful upgrades, timeless finishes, and exceptional outdoor living set this home apart from the typical builder-grade experience. Located on a rare corner lot in Hodges Bayou, this exceptionally maintained 4-bedroom, 2-bath Cali floor plan offers 1,788 square feet of comfortable living space on an oversized .241-acre lot with added

  Katilyn Scott Compass Florida, LLC

  102 Spikes Cir, Panama City, FL 32409
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  /2

  $349,000

  • Land
  • 1.07 Acres
  • $326,168 per Acre

  7940 Highway 77, Panama City, FL 32409

  Cleared 1 acre site in high traffic area. The property is zoned C-3 General Commercial and is situated in a growing commercial area which includes a Medical Practice, Credit Union, Commercial Garden Center and others. Traffic Count (AADT for 2025) 28000.

  Rusty Russell Anchor Realty Florida

  7940 Highway 77, Panama City, FL 32409
• 

  /2

  $434,900

  New Construction

  • 5 Beds
  • 3.5 Baths
  • 2,890 Sq Ft

  7217 Shady Oak Way, Panama City, FL 32409

  Welcome to 7217 Shady Oak Way, a new home floor plan at Hodges Bayou Plantation in Southport, Florida. The Embry plan is a 5-bedroom, 3.5-bathroom two-story home with over 2200 Sq. Ft. and a two-car garage. As you step inside, you're greeted by a versatile flex space right off the foyer—perfect for a bright home office, a formal dining room, or a cozy reading nook. The open-concept design flows

  D.R. Horton Builder

  7217 Shady Oak Way, Panama City, FL 32409
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  /48

  $389,900

  • 3 Beds
  • 2 Baths
  • 1,590 Sq Ft

  13825 Ashton Way, Southport, FL 32409

  Welcome to 13825 Ashton Way in Southport, Florida, a custom 2021 Native Living Series Mossy Oak model by Deer Valley Homebuilders, thoughtfully designed to bring the beauty of the outdoors into everyday living. This ''Robin's Nest'' floor plan offers 3 bedrooms, 2 bathrooms, and approximately 1,920 square feet of well planned space within a 32 by 68 layout. Set on a fully fenced approx. 1.033

  Timothy Shand Empire Real Estate of Florida LLC

  13825 Ashton Way, Southport, FL 32409
• 

  

  /37

  $414,000

  Open Sat 10AM - 12PM

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

  3041 Willie Dr, Southport, FL 32409

  Discover outstanding value in this spacious DR Horton Hayden floor plan located in the desirable Hodges Bayou Plantation community in Southport, Florida. This two-story home offers five bedrooms, three bathrooms, a versatile flex space, and approximately 2,568 square feet of living space. It features a thoughtfully designed layout perfect for anyone seeking a spacious home.This home delivers

  Roxanne Hayes World Impact Real Estate

  3041 Willie Dr, Southport, FL 32409
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  /28

  $440,000

  $10K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,205 Sq Ft

  3428 High Cliff Rd, Southport, FL 32409

  This home is located in a beautiful area of Bay County at the end of Resota Beach Road close to Deerpoint Lake where you can access in a very short drive////// This home has 4 Spacious Bedrooms & 2.5 Baths, 1/2 Acre Lot. This home has many Energy Efficient Features All LED Lights, Fully Insulated Interior Walls, Low E windows & much more. No HOA Fee's. The Interior Features bullnose rounded wall

  Danny Rogers CENTURY 21 Commander Realty

  3428 High Cliff Rd, Southport, FL 32409
• 

  

  /39

  $304,900

  • 4 Beds
  • 2 Baths
  • 1,787 Sq Ft

  152 Merrion Rd, Southport, FL 32409

  Beautifully maintained 4-bedroom, 2-bath home located in the highly desirable Fanning Bayou community, where residents enjoy an abundance of amenities including a resort-style pool, grilling areas, playgrounds, dog parks, and beautifully maintained common spaces. From the moment you step inside, you'll feel right at home. Designed with comfort and functionality in mind, the open-concept floor

  Jordan Jarrett Keller Williams Success Realty

  152 Merrion Rd, Southport, FL 32409
• 

  

  /21

  $339,990

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,891 Sq Ft

  Joplin Plan at Riverbend Run - The Classics, Southport, FL

  This single-story home shares an open layout between the kitchen, nook and family room for easy entertaining, along with access to the covered patio for year-round outdoor lounging. A luxe owner's suite is in a rear of the home and comes complete with an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, ideal for household members and overnight

  Lennar Builder

  0 Riverbend Run - the Classics St Unit 39024871, Southport, FL
• 

  

  /36

  $399,900

  New Construction $10K PRICE INCREASE

  • 4 Beds
  • 3 Baths
  • 2,560 Sq Ft

  7208 Shady Oak Way, Southport, FL 32409

  Welcome to 7208 Shady Oak Way, a new home floor plan featured at Hodges Bayou Plantation in Southport, Florida. This Ozark plan is a beautiful two- story home offers 4-bedrooms with 3-bathrooms, a 2-car garage, and a seamless open layout. At just over 2,500 square feet, there is plenty of room to enjoy this home at the lovely Hodges Bayou Plantation community. As you enter the home on the first

  D.R. Horton Builder

  7208 Shady Oak Way, Southport, FL 32409
• 

  

  /22

  $269,990

  New Construction $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,413 Sq Ft

  348 Baylor St Unit 110, Southport, FL 32409

  The Wagner floor plan showcases a smart single-story design tailored for today's lifestyle. Two comfortable bedrooms are thoughtfully situated at the front of the home, offering flexibility for family, guests, or even a dedicated workspace. As you move toward the heart of the layout, an open and airy living space brings the kitchen, dining area, and family room together, creating a warm,

  Lisa Strickland Lennar Realty Inc

  348 Baylor St Unit 110, Southport, FL 32409
• 

  $369,900

  New Construction

  • 5 Beds
  • 3 Baths
  • 2,595 Sq Ft

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

  Welcome to the Finn, a new home floor plan located at Hodges Bayou Plantation in Panama City, Florida. The Finn is a large, open-floor design with more than enough room for you to enjoy your home comfortably. This 5-bedroom, 3-bathroom home has 2,595 square feet of open floor plan living and has many features including EVP flooring, granite countertops, a two-car garage, and more. This home is

  D.R. Horton Builder

  7298 Big Buck Blvd Unit 40105239, Southport, FL 32409
• 

  

  /35

  $464,900

  New Construction

  • 5 Beds
  • 3 Baths
  • 3,044 Sq Ft

  The Mckenzie Plan at Destini Lane, Southport, FL 32409

  Welcome to the Mckenzie, a new home at Destini Lane in sunny Southport, Florida. The Mckenzie is a large, beautiful home with many popular layout choices including an open kitchen and living room, as well as a front study and a separate dining room. This 3,000+ square foot home comes with 5 bedrooms, 3 bathrooms, and a two-car garage as well as a covered front porch and a spacious covered rear

  D.R. Horton Builder

  1420 Destini Ln Unit 39601417, Southport, FL 32409
• 

  

  /11

  $475,000

  $124K PRICE DROP

  • Land
  • 11.06 Acres
  • $42,948 per Acre

  1002 Skunk Valley Rd, Southport, FL 32409

  Highly Motivated Seller! 11 ACRES! Bonus! Seller will remove the existing red iron building and offer a $50,000 price reduction, creating added flexibility and opportunity for future use of the property. Rare opportunity in booming Southport! This 11-acre property offers the space, privacy, and flexibility that is almost impossible to find today. Located on a paved road with no HOA, this property

  Bubba McCants EXP Realty LLC

  1002 Skunk Valley Rd, Southport, FL 32409
• 

  

  /23

  $304,990

  New Construction $6K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,810 Sq Ft

  304 Baylor St, Southport, FL 32409

  This new single-story home boasts a convenient and low-maintenance layout. Three bedrooms are secluded near the front of the home, leading to a spacious and flexible open-concept layout where the kitchen, dining room and family room meet. Nestled into a private rear corner is the lavish owner’s suite, featuring a full bathroom and walk-in closet.

  Lennar Builder

  304 Baylor St, Southport, FL 32409
• 

  

  /15

  $249,000

  • Land
  • 22,651 Sq Ft
  • $478,846 per Acre

  6311 River House Dr, Panama City Beach, FL 32413

  Capture breathtaking unobstructed views of Crooked Creek from this rare premium homesite in RiverCamps. Lot 127 is ideally positioned to take full advantage of the surrounding waterfront scenery, offering an exceptional opportunity to build a custom home in one of Panama City Beach's most sought-after gated communities. This homesite features paved road access to the property line — no gravel

  Wendy Wiggins 1 Percent Lists Florida Coast

  6311 River House Dr, Panama City Beach, FL 32413
• 

  

  /43

  $488,148

  New Construction

  • 4 Beds
  • 3 Baths
  • 2,482 Sq Ft

  213 Lake Merial Blvd, Panama City, FL 32409

  Introducing the Navarre, a stunning floorplan in the Cornerstone collection by Holiday Builders. With its spacious layout and thoughtful design, this home offers comfort, flexibility, and a touch of luxury. Covering an impressive 2,482 square feet, the Navarre is a home that provides ample space for the whole family.As you approach the front entrance, you’ll notice the large truss covered

  Holiday Builders Builder

  213 Lake Merial Blvd, Panama City, FL 32409
• 

  

  /35

  $419,900

  New Construction

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

  The Sawyer Plan at Destini Lane, Southport, FL 32409

  Welcome to the Sawyer, a new home floor plan located at Destini Lane in Southport, Florida. The Sawyer is a large, open floor plan design with more than enough room for you to enjoy your home comfortably. This 5 bedroom, 3 bath home has 2,516 square feet of open comfort and has many features including EVP flooring, granite countertops, a two-car garage, and more. This home is perfect for the

  D.R. Horton Builder

  1420 Destini Ln Unit 39601420, Southport, FL 32409
• 

  

  /22

  $354,990

  New Construction $6K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,142 Sq Ft

  233 Maegans Way, Southport, FL 32409

  This single-level home features a modern, low-maintenance layout, with an open-concept floorplan and inviting covered patio perfect for entertaining. Three secondary bedrooms are located off the foyer, with a convenient flex space near the main living area ready to be used as a studio or home office. The luxe owner’s suite is tucked into a private corner at the back of the home.

  Lennar Builder

  233 Maegans Way, Southport, FL 32409
• 

  

  /51

  $310,000

  • 4 Beds
  • 2 Baths
  • 1,446 Sq Ft

  3136 Rachel Place, Southport, FL 32409

  FRESH. CLEAN. MOVE-IN READY. 3136 Rachel Place in Hodges Bayou Plantation offers a well-maintained 4-bedroom, 2-bath Freeport floor plan with the feel of newer construction without the wait. Built by D.R. Horton, this resale home has been exceptionally cared for and shows beautifully.Inside, the split-bedroom layout provides functional separation between the primary suite and secondary

  Alice De La Penha Coldwell Banker Realty

  3136 Rachel Place, Southport, FL 32409
• 

  

  /68

  $479,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,963 Sq Ft

  8904 Kingswood Rd, Panama City, FL 32409

  Private Creekside Craftsman on 2.5 Acres | No HOA | RV Hookup Rare opportunity to own 2.5 private, usable acres with a natural creek and no HOA. This Craftsman-style home offers the perfect blend of privacy, flexibility, and rural lifestyle freedom, with room to expand--add a pool, workshop, or additional structures. Enjoy a peaceful setting where the creek runs along the back of the property,

  Leigh Hawkins Prothro Real Estate & Associates

  8904 Kingswood Rd, Panama City, FL 32409
• 

  

  /37

  $228,000

  Open House 7/07 $11K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,976 Sq Ft

  8325 Resota Beach Rd, Southport, FL 32409

  Situated on 2.5 expansive acres in desirable Southport, 8325 Resota Beach Dr offers endless potential with plenty of room to create your ideal homestead, investment property, or private retreat. This large 4-bedroom home also features valuable flex space perfect for a home office, playroom, guest area, or additional living space to fit your needs. The guest bathroom has been renovated!!! The

  Savannah Mettille Empire Real Estate of Florida LLC

  8325 Resota Beach Rd, Southport, FL 32409

Showing Results 41 - 80, Page 2 of 4