114 Lake Merial Trail, Panama City
MLS® # 1002035
*A brand new privacy fence has just been completed giving added privacy and solitude.
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 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 leading to the Gulf. The all brick home has been well kept and sits high at 11 feet above the water. Three bedrooms, tile flooring throughout and 3 full bathrooms. All measurements are approximate, please verify if important. The shed on the 1305 parcel does not convey, but the large shed on the 1315 parcel DOES convey.
Breakfast Bar, Vaulted Ceiling(s), Pantry
Dishwasher, Refrigerator, Electric Water Heater
Flood Insurance Req, Within 1/2 Mile to Water
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Listing information last updated on October 24th, 2026 at 8:22am CDT.