Back 116 Lakeridge Dr
Off Market

116 Lakeridge Dr

Panama City FL 32405

6472 sq. ft.
Land
Last sold for $101,000
Jamie ProctorJamie Proctor, last sold this property on 01 August 2025 after 162 days on market.

Overview

Under Contract - Taking Back Up offers Build your new home on this pristine lake front property located in the heart of Panama City! Lake Marin is a one-of-a-kind subdivision where you can enjoy the beauty and amenities of lake life while still living in town near your favorite restaurants and shops! This lake is fed by three natural springs which keep the water fresh, clean and safe for swimming and fishing. Trolling motors are allowed on the lake, you will often see people of all ages enjoying kayaking, canoeing or paddle boarding. Property owners say the fish are plentiful and the sunsets are gorgeous! This is one of the last remaining lots found on Lake Marin. ***Please click on the videos link under the 'more info' tab to view drone footage of the lake and lot. HOA fees include grass cutting (Mar-Nov), monthly yard fertilization/weed services and Lake Doctor weed control.

Features

6472 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Panama City over the last 12 months, the estimated median property value of 116 Lakeridge Dr is $78.5k.

Median value
$78.5k
Estimated value range
$22k - $585k
Median days on market
40
Estimated value trend
-25%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Panama City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 116 Lakeridge Dr

2025
Sold
$101,000
01 Aug 2025 by Jamie Proctor, of Think Real Estate
2016
Sold
$65,000
16 Aug 2016 by Jane Fillingim, of Keller Williams Success Realty
2014
Sold
$60,000
08 Aug 2014 by Ruth Lopez, of Counts Real Estate Group

Happy sellers in Panama City

94%
94% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Panama City over the last 12 months.

Local market activity for land plots in Panama City

In the last 12 months, 35 land plots similar to 116 Lakeridge Dr, have been sold.

This represents a 13% increase in land plots sales when compared to the previous 12 months.

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