5056 San Miguel St
Milton, FL 32583

152 Days on Market

Build your dream waterfront home , or two! With no HOA! This rare 0.45-acre double lot on Mulat Bayou offers approximately 100 feet of waterfront with the potential to split the parcels and build two separate homes. Save significant time, expense, and uncertainty with much of the groundwork already completed. The property has been cleared, with survey, geotechnical report, soil testing, and elevation certificate completed with no reported issues. Utilities are already in place, including water onsite, sewer tap installed, 200-amp electrical service with outlets, and an additional 30-amp service panel. A custom ~3,000 sq ft home plan has already been designed and is ready for engineering stamp, with the architect willing to modify the plans to fit the new owner’s preferences prior to final engineering approval. Tucked away down an approximately 150’ private asphalt driveway, the property opens to breathtaking waterfront views, where sunsets over the bayou create a truly unforgettable setting. Start your mornings kayaking, boating, or fishing directly from your backyard, with easy access from Mulat Bayou into Escambia and Pensacola Bay. The brackish waters support an incredible variety of wildlife and recreation opportunities, with frequent sightings of dolphins, eagles, pelicans, blue herons, deer, turtles, and more. Anglers may enjoy opportunities to catch redfish, speckled trout, sheepshead, black drum, flounder, blue crab, catfish, largemouth bass, and other local species. A pile of concrete currently onsite was intended for repurposing; however, seller is willing ...

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Listing Courtesy of: American Valor Realty LLC
Listing Agent: Nathan Houlihan
303-525-2870

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Property Taxes 0
HOA Fees 0
Homeowners Insurance 266
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Pensacola Association of REALTORS® data last updated on October 22, 2026 03:48 AM - ET.

Property Last Updated: October 22, 2026 03:48 AM - ET