About This Home

This land at 5599 Del Rey St in Milton, FL is listed for $198,000 (2.00 acres).

Key Features

  • 2.00 acre lot
Listing 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!

Location

5599 Del Rey St

Milton, FL 32583

Avalon Beach

Questions & Answers

This 0-bedroom, 0-bathroom land at 5599 Del Rey St is listed at $198,000. The estimated monthly payment is $1,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 2.00 acre lot.

This property is listed by Yasmine Khrino and can be reached at 9545882328.

YK

Yasmine Khrino

Agent at Yasmine Khrino, Broker

(954) 588-2328

Listed by Yasmine Khrino, Broker · Broker phone: 9545882328 · View on Broker Site

MLS# 677044· Source: Pensacola Association of REALTORS· 115 days on PropertySimple

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5599 Del Rey St, Milton, FL 32583

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