$304,900

114 Penny Ln Valparaiso, FL 32580

Estimated payment $1,975/month

2 Beds
2 Baths
1,012 Sq Ft
$301 Price per Sq Ft

Highlights

  • Newly Painted Property
  • Florida Architecture
  • Porch
  • Eglin Elementary School Rated A-
  • Great Room
  • Interior Lot

About This Home

Welcome to The Cottages, a charming new neighborhood featuring just 20 homes. This like new, lightly lived-in and beautifully crafted 2-bedroom, 2-bath cottage blends classic coastal style with modern comforts. Painted brick accents, quartz countertops, stainless steel appliances, luxury vinyl plank and tile flooring, and a durable metal roof—all designed for low maintenance and long-lasting quality. The thoughtful layout offers bright, open living spaces and contemporary finishes throughout. The home includes parking for two vehicles, with additional guest parking conveniently located within the neighborhood. Perfect as a primary residence, downsizing option, or investment property, this move-in-ready cottage provides relaxed Florida living at its best.

Listing Agent

Roy Sutton

Eagle Bay Real Estate License #3014816 Listed on: 11/20/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 40x65
  • Interior Lot
  • Level Lot
  • Property is zoned City, Resid Single Family

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,012 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Great Room
  • Vinyl Flooring
  • Exterior Washer Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Porch

Schools

  • Lewis Elementary And Middle School
  • Niceville High School

Utilities

  • Central Air
  • Underground Utilities
  • Tankless Water Heater

Community Details

  • Association fees include accounting, management, master
  • Kake Cottages Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Assessor Parcel Number 12-1S-23-2000-0000-0130

Home Details

Home Type

Single Family

Year Built

Built in 2025

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: 40x65
  • Road Frontage Type: City Street
  • Subdivision Name: KAKE COTTAGES
  • Directions: From Niceville: go west on John Sims Pkwy (towards Valparaiso), turn right on Government Ave (85 S), turn left onto Valparaiso Pkwy (190). Neighborhood will on your left.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2025
  • Remarks Misc:Remarks: Welcome to The Cottages, a charming new neighborhood featuring just 20 homes. This like new, lightly lived-in and beautifully crafted 2-bedroom, 2-bath cottage blends classic coastal style with modern comforts. Painted brick accents, quartz countertops, stainless steel appliances, luxury vinyl plank and tile flooring, and a durable metal roof—all designed for low maintenance and long-lasting quality. The thoughtful layout offers bright, open living spaces and contemporary finishes throughout. The home includes parking for two vehicles, with additional guest parking conveniently located within the neighborhood. Perfect as a primary residence, downsizing option, or investment property, this move-in-ready cottage provides relaxed Florida living at its best.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Great Room: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Tnkls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Floor Vinyl
  • Interior Amenities: Lighting Recessed, Newly Painted, Washer/Dryer Hookup
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Level
  • Construction Type: Brick, Frame
  • Patio And Porch Features: Porch
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Brick: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Gas - Natural, Public Water, Underground

Condo/Co-op/Association

  • Association #2 Fee: 180.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Master Association

Schools

  • Elementary School: Lewis
  • High School: Niceville
  • Middle Or Junior School: Lewis

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 12-1S-23-2000-0000-0130
  • Zoning: City, Resid Single Family

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $30,300 $30,300 --
2023 -- -- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2025 11/20/25 For Sale $304,900 +4.4% $301 / Sq Ft
07/14/2025 07/14/25 For Sale $292,000 0.0% $282 / Sq Ft
07/08/2025 07/08/25 Sold $292,000 -- $282 / Sq Ft View Prior Sale
07/01/2025 07/01/25 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $292,000 Panhandle Title
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 990040

Emerald Coast Association of REALTORS®

APN: 12-1S-23-2000-0000-0130

Florida Okaloosa County Valparaiso 32580

114 Penny Ln, Valparaiso, FL

For Sale

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Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Roy Sutton
Listing Agent
Roy Sutton
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Eagle Bay Real Estate
(448) 231-9791