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!
Lot/land
Price increase: $12K (8/15)
$198,000
5599 Del Rey St, Milton, FL 32583
--beds
--baths
2Acres
Unimproved Land
Built in ----
2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Site has been clearedGorgeous open-water views
- 208 days
- 153
- 17
Zillow last checked:
Listing updated:
Listed by:
Yasmine Khrino 954-588-2328,
Yasmine Khrino, Broker
Source: PAR,MLS#: 677044
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 2 Acres
- Dimensions: 140x 455x 270 x178x 110 x 181
Details
- Parcel number: 401n280090157000010
Utilities & green energy
- Sewer: None
- Water: None
Community & HOA
Community
- Subdivision: Avalon Beach
Location
- Region: Milton
Financial & listing details
- Price range: $198K - $198K
- Date on market: 2/3/2026
- Cumulative days on market: 208 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Price change | $198,000+6.5% |
Source: | ||
| 6/20/2026 | Price change | $186,000-1.5% |
Source: | ||
| 3/21/2026 | Price change | $188,888-0.6% |
Source: | ||
| 2/3/2026 | Listed for sale | $189,999 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 32583
Nearby schools
Schools provided by the listing agent
- Elementary: Bagdad
- Middle: AVALON
- High: Milton
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






