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Pending
$299,900
2beds
1,012sqft

108 Penny Ln, Valparaiso, FL 32580

2beds
1,012sqft
Single family residence
Built in 2025
2,600 sqft
2 Parking spaces
$296 price/sqft

What's special

Inviting homeMove-in-ready homeBright open spaces

Welcome to Kake Cottages of Valparaiso, where life is refreshingly simple and weekends are yours to enjoy. Thoughtfully designed for effortless living, this inviting home offers bright, open spaces that make gathering with family and friends feel natural, whether you're hosting game day, sharing a quiet morning coffee, or unwinding after work. Tucked away in an intimate community, you'll appreciate the convenience of being just minutes from Eglin Air Force Base, local golf courses, local restaurants, shopping, parks, boat launches, and the sugar-white beaches of the Emerald Coast. Whether you're purchasing your first home, looking to simplify your lifestyle, or searching for a smart long-term investment, this move-in-ready home offers the perfect blend of comfort, convenience, and carefree Florida living

43 days
|
468
|
30
|

Likely to sell faster than

Source: ECAOR,MLS#: 1008413MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Maria V Leos 850-598-6251,

Keller Williams Realty Destin

Source: ECAOR,MLS#: 1008413MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
Primary bedroom
  • Description: See floor plans in documents
  • Level: First
  • Area: 143 Square Feet
  • Dimensions: 13 x 11
Bedroom
  • Description: See floor plans in documents
  • Level: First
  • Area: 132 Square Feet
  • Dimensions: 12 x 11
Great room
  • Description: See floor plans in documents
  • Level: First
  • Area: 208 Square Feet
  • Dimensions: 16 x 13
Kitchen
  • Description: See floor plans in documents
  • Level: First
  • Area: 143 Square Feet
  • Dimensions: 13 x 11
Appliances
  • Included: Dishwasher, Disposal, Microwave, Refrigerator
  • Laundry: Washer/Dryer Hookup
Features
  • Recessed Lighting, Newly Painted
  • Flooring: Vinyl
  • Windows: Double Pane Windows
  • Common walls with other units/homes: No Common Walls
Interior area
  • Total structure area: 1,012
  • Total interior livable area: 1,012 sqft

Property

Parking
  • Total spaces: 2
Features
  • Stories: 1
  • Patio & porch: Porch
Lot
  • Size: 2,600 Square Feet
  • Dimensions: 40 x 65
  • Features: Covenants, Interior Lot, Level
Details
  • Parcel number: 121S23200000000160
  • Zoning description: City, Resid Single Family

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Florida Cottage
  • Property subtype: Single Family Residence
Materials
  • Frame, Brick
  • Roof: Metal
Condition
  • Under Construction
  • New construction: No
  • Year built: 2025

Utilities & green energy

  • Water: Public

Community & HOA

Community
  • Subdivision: KAKE COTTAGES
HOA
  • Has HOA: Yes
  • Services included: Management
Location
  • Region: Valparaiso

Financial & listing details

  • Price per square foot: $296/sqft
  • Tax assessed value: $39,500
  • Annual tax amount: $529
  • Date on market: 7/24/2026

Price history

DateEventPrice
8/16/2026Pending sale$299,900$296/sqft
Source: ECAOR #1008413 Report a problem
7/24/2026Listed for sale$299,900+2.5%$296/sqft
Source: ECAOR #1008413 Report a problem
2/26/2025Sold$292,500$289/sqft
Source: ECAOR #966959 Report a problem
2/12/2025Pending sale$292,500$289/sqft
Source: ECAOR #966959 Report a problem
1/24/2025Listed for sale$292,500$289/sqft
Source: ECAOR #966959 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$529 +17.3%$33,330 +10%
2024$451 $30,300

Find assessor info on the county website

Monthly payment

Est. payment
$1,851/mo
Principal & interest
$1544
Property taxes
$307
More affordability toolsChevron Right

Estimated market value

$298,900

$284,000 - $314,000

$1,992/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 32580

Nearby schools

Addie R. Lewis School
Grades PK-81.6 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
6/10
Niceville Senior High School
Grades 9-121.8 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
College Readiness Rating
9/10
Student Progress Rating
5/10