For Sale
Land for sale at 5599 Del Rey St, Milton, FL 32583 | MLS# 677044 | Listing updated on 2026-08-23
Photo 1 of Land for sale at 5599 Del Rey St, Milton, FL 32583 | MLS# 677044 | Listing updated on 2026-08-23
Photo 2 of Land for sale at 5599 Del Rey St, Milton, FL 32583 | MLS# 677044 | Listing updated on 2026-08-23
Photo 3 of Land for sale at 5599 Del Rey St, Milton, FL 32583 | MLS# 677044 | Listing updated on 2026-08-23
Photo 4 of Land for sale at 5599 Del Rey St, Milton, FL 32583 | MLS# 677044 | Listing updated on 2026-08-23
31+
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Street View

$198,000

Monthly Est:$986

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon2acres lot

5599 Del Rey St, Milton, FL 32583

$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 Pensacola AOR MLS-FL

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Santa Rosa County

  • City

    Milton

  • 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

DateEventPrice

08/23/2026

Source: mls_logoPensacola AOR MLS-FL #677044

Price Increased

$198,000 +6.45%

$0/sqft

06/20/2026

Source: mls_logoPensacola AOR MLS-FL #677044

Price Decreased

$186,000 -1.53%

$0/sqft

03/21/2026

Source: mls_logoPensacola AOR MLS-FL #677044

Listed for Sale

$188,888

$0/sqft

Nearby Homes

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