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$95,000
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Property Description
Tucked within the community on a spacious interior homesite, this .57-acre wooded lot delivers a rare combination of size, seclusion, and natural surroundings. Mature trees and dense greenery create a quiet, private atmosphere, while the rear of the property borders a natural buffer-with no homes behind you and a peaceful, uninterrupted view. It's an ideal setting for anyone seeking a calm environment with room to create something truly special. Located within the gated Lake Merial community, residents enjoy access to walking paths, open green areas, and a stunning 300-acre spring-fed lake perfect for kayaking, paddle boarding, fishing, and more. Known for its blend of tranquility and accessibility, Lake Merial offers a secure setting just minutes from the dining, shopping, and entertainment found in Panama City and just miles from Panama City Beach. Don't miss the chance to secure your place in this exceptional neighborhood-come see the possibilities for yourself.
Full Property Details
Full Property Details for 116 Lake Merial Trail
General
- Price: $95,000
- Taxes: $843 (2025)
- Status: Active
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 784219
- Updated: 1/26/2026
- Added to Site: 13 day(s) ago
Additional Information
- Shared Amenities: Gated
Location
- County: Bay
- Subdivision: Lake Merial
- Driving Directions: North on Hwy 77, go over the Bailey Bridge into Southport, take a right into Lake Merial, take a right onto Lake Merial Trail, lot is on the right.
School Information
- Elementary School: Deane Bozeman
- Middle School: Deane Bozeman
- High School: Deane Bozeman
Community
- Community Name: 04 - Bay County - North
- Association: Yes
Utilities
- Utility Description: Sewer Available
Lot Features
- Lot Size (Acres): 0.57
- Lot Size (Sq. Ft.): 24,829
- Lot Size: .57
- Lot Dimensions: 110 x 226
- Frontage: Freeway
- Lot Features: Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $843
- Tax Year: 2025
- Terms: USDA Loan
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LAKE MERIAL PHASE ONE 84 LOT 148 ORB 2939 P 438
- Property ID: 07504-248-000
Listed by Think Real Estate
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Schools
Schools serving 116 Lake Merial Trail
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Deane Bozeman School 13410 Florida 77, Panama City, FL 32409 | PK-5 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Lake Merial Trail
Date
Details
Price
Change
Source
1/26/2026
Listed
$95,000
-20.17%
MLS
6/21/2007
Sold
$119,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 Lake Merial Trail
Year
Property Taxes
Change
Tax Assessment
Change
2025
$843
17%
$76,500
24%
2024
$723
13%
$61,850
21%
2023
$639
15%
$51,000
4%
2022
$556
9%
$49,100
14%
2021
$511
—
$43,000
2%
2019
$511
1%
$42,229
10%
2018
$505
17%
$38,390
10%
2017
$432
-3%
$34,900
—
2016
$445
-7%
$34,900
-4%
2015
$480
7%
$36,455
7%
2014
$447
8%
$34,005
-4%
2013
$412
—
$35,488
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Lake Merial Trail
116 Lake Merial Trail, Panama City, FL 32409 (MLS# 784219) is a Vacant Land property with a lot size of 0.57 acres. 116 Lake Merial Trail is currently listed for $95,000 and was received on January 26, 2026. Want to learn more about 116 Lake Merial Trail? Do you have questions about finding other Vacant Land real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

