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Street View
$198,000
Monthly Est:$986
-- Bed
- -- Bath
2acres lot
5599 Del Rey St, Milton, FL 32583
$198,000
$986/moEst:
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
2 acres lot
$99,000/acre
Description
RARE ~2-ACRE WATERFRONT OPPORTUNITY WITH APPROXIMATELY 270 FEET DIRECTLY ON INDIAN BAYOU! If you've been searching for waterfront acreage rather than a typical narrow homesite, this exceptional property IS IT. Comprised of 8 combined lots creating 2 acres, this is one of the largest vacant waterfront parcels available in the area and offers an incredible combination of space, privacy, water frontage and breathtaking natural views. Even better, significant work has recently been completed to make the property easier to access and evaluate. A NEWLY CUT ACCESS ROAD now leads into the property, the site has been CLEARED, the SURVEY IS COMPLETE, and a NEW ENVIRONMENTAL REPORT HAS JUST BEEN COMPLETED—valuable due-diligence items already handled for the next owner. With approximately 270 feet of frontage directly on Indian Bayou, imagine designing a custom waterfront retreat surrounded by nature, with room to create something truly special. Enjoy gorgeous open-water views, spectacular Florida sunrises and sunsets, fishing, kayaking and boating right from your own waterfront sanctuary. Boaters will especially appreciate the location. A county-maintained boat ramp is just feet away, and Indian Bayou provides boating access toward Escambia Bay, opening the door to miles of Northwest Florida waterways. This isn't simply another vacant lot—it's TWO ACRES OF WATERFRONT LAND offering the kind of privacy and SPACE that is increasingly difficult to find along the water. The oversized parcel provides a beautiful natural setting for a future homesite while also presenting an intriguing opportunity for buyers looking to secure substantial waterfront acreage in an area that remains largely undeveloped. Bring your plans, your builder and your vision. Opportunities to acquire this much acreage with this much direct waterfront are exceptionally limited. Come walk the newly cleared property, experience the views in person & discover the possibilities this remarkable piece of Florida!
- Houzeo last checked: 12 hours ago
- Listing updated: August 23, 2026 at 7:55 pm
- Listing Provided by: Yasmine Khrino | Yasmine Khrino, Broker (954) 588-2328
- Source: Pensacola AOR MLS-FL | MLS#: 677044

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
2 acres lot
Basement Area
- sqft
MLS Name
Pensacola AOR MLS
MLS Number
677044
MLS Status
Active
Days on Market
272
Cumulative Days on Market
201

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
None
Utilities & Energy
Water Source
None
Other Features
Subdivision Name
Avalon Beach
Price History
| Date | Event | Price |
|---|---|---|
08/23/2026 Source: | Price Increased | $198,000 +6.45% $0/sqft |
06/20/2026 Source: | Price Decreased | $186,000 -1.53% $0/sqft |
03/21/2026 Source: | Listed for Sale | $188,888 $0/sqft |
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