2839 Highway 79 Vernon, FL 32462
Estimated payment $38,680/month
Highlights
- Water access To Gulf or Ocean
- 240 Acre Lot
- No HOA
- River View
About This Lot
DEVELOPMENT OPPORTUNITY!! Build a new City! Approximately 240 acres on the newly 4 laned FL HWY 79, a major route into Panama City Beach, FL. Hwy 79 goes through the brand new LATITUDE MARGARITAVILLE, WATERSOUND, FLORIDA, with approximately 150,000 planned homes, 2000 of which have already sold. This development is less than 30 minutes away. This 240 acre tract has approximately 1/2 mile of frontage BOTH SIDES of FL HWY 79, AND approximately 1/2 mile of frontage on Washington County Hwy 279 (Pate Pond Rd), PLUS approximately 1/2 mile of frontage on the Canoe Lovers Holmes Creek. Previous development efforts led to agreements between The City of Vernon, FL and Washington County, FL to cooperate in development with commercial, medium density and high density land uses.
Property Details
Property Type
- Land
Lot Details
- 240 Acre Lot
- River Front
- Property fronts a highway
- Zoning described as Commercial, Agriculture
Property Views
- River
- Lake
Utilities
- Septic Needed
Community Details
Overview
- No Home Owners Association
Recreation
- Water access To Gulf or Ocean
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $521 | $37,591 | -- | -- |
| 2024 | $505 | $37,491 | -- | -- |
| 2023 | $512 | $37,483 | $0 | $0 |
| 2022 | $510 | $37,391 | $0 | $0 |
| 2021 | $524 | $37,061 | $32,391 | $4,670 |
| 2020 | $527 | $37,061 | $32,391 | $4,670 |
| 2019 | $547 | $37,061 | $32,391 | $4,670 |
| 2018 | $563 | $37,031 | $32,391 | $4,640 |
| 2017 | $564 | $35,418 | $31,652 | $3,766 |
| 2016 | $627 | $38,619 | $31,652 | $6,967 |
| 2015 | $640 | $38,619 | $31,652 | $6,967 |
| 2014 | -- | $35,661 | $28,694 | $6,967 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2026 01/12/26 | Price Changed | $7,500,000 | -5.1% | -- |
| 04/02/2025 04/02/25 | For Sale | $7,900,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $220,000 | Attorney |
Source: Central Panhandle Association of REALTORS®
MLS Number: 771508
APN: 00000000-00-4625-0000
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Ask me questions while you tour the home.