5599 Del Rey Street, photo 1
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Overview

0 baOther
TypeOther
HOANone listed
Lot20,995 sqft

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About this home

5599 Del Rey Street is a home in Avalon Beach, Milton.

From the listing

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 approximately 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 and discover the possibilities this remarkable piece of Florida waterfront has to offer. PROPERTY HIGHLIGHTS: ~2 ACRES • ~270 FT WATERFRONT • 8 COMBINED LOTS • NEWLY CUT ACCESS ROAD • CLEARED PROPERTY • COMPLETED SURVEY • NEW ENVIRONMENTAL REPORT • INDIAN BAYOU • NEARBY BOAT RAMP • ACCESS TOWARD ESCAMBIA BAY • OVERSIZED WATERFRONT PARCEL

The essentials

On market
255 days
Annual tax
$586
Lot
20,995 sqft
Type
Other

At a glance

Payment

Est. monthly payment
$1,181/mo
Down payment (20%)
$39,600
Property taxes
$49/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Other
Year Built
-
Lot
20,995 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
255
Annual Tax (2025)
$586

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Avalon Beach
County
Santa Rosa
Lot Size
20,995 sqft

Price history

Date
Event
Price
-
Price change
Source: Stellar MLS #O6378718
$198,000+4.2%
2/3/2026
Listed for sale
Source: Stellar MLS #O6378718
$189,999

Neighborhood

5599 Del Rey Street
Milton, FL, 32583

Calculator

Est. monthly payment
$1,180/mo
Principal & interest$1,033
Property taxes$49
Insurance$99
Down payment20% · $39,600
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$198,000

Time on market

255 days

Monthly payment

About $1,181/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $586 annual tax bill, insurance.

Have another question?

Brokered byYASMINE KHRINOListing agent: Yasmine KhrinoListing data from Stellar MLS, MLS# O6378718.

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