
Residential Land for Sale in Milton, Florida
5599 Del Rey St, Milton, FL 32583
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
- Street address
- 5599 Del Rey St
- County
- Santa Rosa County
- Zip code
- 32583
- Community
- Avalon Beach
- Elevation
- 10 feet
Directions
Roadway is unconstructed at this time. Property is One block West if the corner of Del Rey and S. 29th Ave. OR 1 Block east of S. 26th Ave. Just Before the Boat Ramp.
Property details
- Acreage
- 2 acres
- MLS #
- PAR 677044
- Posted
Parcels
- 401N280090157000010
Legal description
COMBO W/#8 PER REQ IN 2025 AVALON BEACH LOTS 1 2 & 3 BLK 157 AS DES IN OR 4118 PG 186 TOG W VACATED ROADWAY DES IN OR 4586 PG 1760. , & TOG W/#8 PER REQ IN 2025 DES AS FOLLOWS: AVALON BEACH LOTS 8 9 10 BLK 157 AS DES IN OR 4503 PG 710 & COMBINED THE FOLLOWING 2024: AVALON BEACH (PB A PG 1-10) LTS 11 & 12 BLK 157 AS DES IN OR 4440 PG 1303 TOG W VACATED ROADWAY DES IN OR 4586 PG 1760 & AS DES IN OR 4607 PG 359
Nearby schools
| Name | Type |
|---|---|
| Bagdad | Elementary |
| Avalon | Middle |
| Milton | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 15, 2026 | Price increase | $198,000 | $12,000 6.5% | PAR |
| June 20, 2026 | Price drop | $186,000 | $2,888 -1.5% | PAR |
| Mar 21, 2026 | Price drop | $188,888 | $1,111 -0.6% | PAR |
| Feb 3, 2026 | New listing | $189,999 | — | TBR |


































