tomo logo

$549,999

Beds
4
Baths
3.0
sq ft
2,668

140 Lake Merial Trl, Panama City, FL 32409

140 Lake Merial Trl

Panama City, FL 32409

  • <1 day on market
Stunning Custom Home on .53 Acres - 140 Lake Merial Trl, Southport, FLWelcome to your dream home! This custom-built masterpiece sits on over half an acre, offering luxury, comfort, and top-tier functionality. From the moment you arrive, the brick driveway and grand entrance set the tone for the exquisite details throughout.Interior Features: Spacious Layout with large built-in closets in every room (California Closets). Bamboo flooring in bedrooms - scratch-resistant and durable. Crown molding throughout, adding a touch of elegance. Ceiling mood lighting in the family room & primary suite, plus French doors for a sophisticated feel. Built-in entertainment center & permanently mounted mirrors enhance the living space. Jet spa tub in the primary suite with a separate toilet room, bidet, and built-in vanity. All full bathrooms, each featuring high-end finishes.Gourmet Kitchen: Walk-in pantry with shelving & seasoning shelves for ultimate organization. Lazy Susan, silent-closing cabinets, under-cabinet lighting, and new refrigerator.Laundry & Storage: Washer & dryer stay, plus a sink in the laundry room. Built-in ironing board for convenience. Attic storage and multiple storage closets throughout.Exterior & Smart Features: New fenced-in backyard with gated entrances on both sides. Survey completed for a pool--ready to build your dream outdoor oasis! Spring-fed well with a new water system. Roof (2019) & sub-panel outside for extra power needs. Sprinkler system controlled by a phone app. Home security system anchored to the house. Motion lights & timers throughout for added security. Faucets on all four corners of the property for easy maintenance.Parking & Additional Features: Brick driveway & garage space for 10+ cars. Boat parking/storage behind the fence. Windows in the garage, bathroom, and throughout for natural light. Enclosed Florida room with private primary entrance for relaxation. Shed for additional storage.This meticulously designed forever home blends elegance, convenience, and modern smart features. Don't miss out on this rare gem! Schedule your private tour today.

Details

Property type

Single Family Residence

Est. home value

$490,228

Lot size

0.57 acres

Price per sq ft

$207

Year built

2007

Annual property taxes

$4,855

Monthly HOA fee

$117.67

Price History

03/21/2025
CentralPanhandle

CentralPanhandle #770753

Listed
$549,999
+46.67%
02/13/2019
CentralPanhandle

CentralPanhandle #678506

Sold
$375,000

Schools & Community

Elementary school: 

Deane Bozeman

Middle school: 

Deane Bozeman

High school: 

Deane Bozeman

Community features: 

Gated, Fishing

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$158,168
Asking price
$549,999
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$347,831
Cash to seller
$158,168

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Usaa Fsb

Loan start date

November 2019

Original loan amount

$390,000

Est. remaining balance

$347,831

Interest rate

3.65%

Loan type

VA, 30 year

Seller

Catherine Perez and Eric Perez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/22/2025 at 3:35 AM

Listing updated: 03/21/2025 at 6:40 PM

Listed by: Jasmine Goins, Gulf Life Real Estate Inc Phone #: (850) 699-1996

MLS: CentralPanhandle #770753

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