$198,000
$8K PRICE INCREASE

5599 Del Rey St Avalon, FL 32583

Milton Area

Estimated payment $1,286/month

Total Views 3,036
2 Acres
$99,000 Price per Acre
87,120 Sq Ft Lot

About This Lot

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!

Listing Agent

Yasmine Khrino

Yasmine Khrino, Broker Listed on: 02/03/2026

Property Details

Property Type

  • Land

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 140x 455x 270 x178x 110 x 181

Schools

  • Bagdad Elementary School
  • Avalon Middle School
  • Milton High School

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Avalon Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 401N280090157000010

Property Details

Property Type

Land

Lot Details

2 Acres

Listing Details

  • Parcel Number: 401N280090157000010
  • Property Type: Land
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 2
  • Lot Size: 140x 455x 270 x178x 110 x 181
  • Subdivision Name: Avalon Beach
  • 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.
  • Special Features: None

Utilities

  • Sewer: None
  • Water Source: None

Schools

  • Elementary School: Bagdad
  • High School: Milton
  • Middle Or Junior School: AVALON

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 87120

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2026 08/15/26 Price Changed $198,000 +6.5% --
06/20/2026 06/20/26 Price Changed $186,000 -1.5% --
03/21/2026 03/21/26 Price Changed $188,888 -0.6% --
02/03/2026 02/03/26 For Sale $189,999 -- --
Source: Pensacola Association of REALTORS®

Source: Pensacola Association of REALTORS®

MLS Number: 677044

Pensacola Association of REALTORS®
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