RENTED APR 30, 2026

116 Penny Ln Valparaiso, FL 32580

Estimated Value: $289,000 - $298,000

2 Beds
2 Baths
1,012 Sq Ft
$291/Sq Ft Est. Value

Highlights

  • Newly Painted Property
  • Florida Architecture
  • Double Pane Windows
  • Eglin Elementary School Rated A-
  • Great Room
  • Open Patio

About This Home

As of April 2026

Welcome to The Cottages, a charming new neighborhood featuring just 20 homes within minutes to the gates of Eglin AFB. This new 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 a 1 car garage with additional guest parking conveniently located within the neighborhood. No smoking or vaping. NO cats, small dog may be allowed. Call 850-389-8787 for information.

Last Agent to Rent the Property

Eric Topel

NextHome Cornerstone Realty License #3244028 Listed on: 04/06/2026

NextHome Cornerstone Realty

Last Renter's Agent

Eric Topel

NextHome Cornerstone Realty License #3244028 Listed on: 04/06/2026

NextHome Cornerstone Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025

Lot Details

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

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Frame Construction
  • Metal Roof
  • Vinyl Trim
  • Three Sided Brick Exterior Elevation
  • Cement Board or Planked

Interior Spaces

  • 1,012 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Great Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Schools

  • Lewis Elementary And Middle School
  • Niceville High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Kake Cottages Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 12-1S-23-2000-0000-0120

Home Details

Home Type

Single Family

Year Built

Built in 2025

Lot Details

2,614 Sq Ft Lot

Rental Info

  • Lease Term: 1 Year
  • Rental Info Lease Start Date: 2026-05-15

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.06
  • Lot Size: 40x65
  • Road Frontage Type: City Street
  • Subdivision Name: KAKE COTTAGES
  • Directions: N John Sims Parkway to Right onto Valparaiso Pkwy (Hwy 190) to Penny Lane on your right.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 2025
  • Remarks Misc:Remarks: Welcome to The Cottages, a charming new neighborhood featuring just 20 homes within minutes to the gates of Eglin AFB. This new 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 a 1 car garage with additional guest parking conveniently located within the neighborhood. No smoking or vaping. NO cats, small dog may be allowed. Call 850-389-8787 for information.
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Great Room: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Gas, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Floor Tile, Floor Vinyl
  • Interior Amenities: Lighting Recessed, Newly Painted
  • Window Features: Window Treatment All, Double Pane Windows
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Fencing: Fenced Lot-Part
  • Lot Features: Covenants, Level
  • Construction Type: Frame, Siding Brick Some, Siding CmntFbrHrdBrd, Trim Vinyl
  • Patio And Porch Features: Patio Open
  • Lot Features:Level: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Siding Brick Some: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Cntrl Electric
  • Heating Yn: Yes
  • Utilities Paid By All Utilities: Tenant
  • Utilities Paid By Association Fees: Owner

Schools

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

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 12-1S-23-2000-0000-0120
  • Zoning: City, Resid Single Family
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/30/2026 04/30/26 Rented $2,100 0.0% --
04/06/2026 04/06/26 For Rent $2,100 -- --
Source: Emerald Coast Association of REALTORS®

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 999914

Emerald Coast Association of REALTORS®

APN: 12-1S-23-2000-0000-0120

Your Personal Tour Guide

Ask me questions while you tour the home.