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Updated 2 hours ago

New Construction Rental Available 4/1


117 Penny Ln Valparaiso, FL

3 Bed
2 Bath

1,688 Sq. Ft.

Available starting Apr. 1st
3 Beds • 2 Bath
$2,450
1688 ft2
1 Available
Managed By: Cornerstone Realty NWF, LLC
-
$2,450
Available Apr 1st, 2026
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Amenities
Microwave
Fees & leasing info
Pets
Dogs Ok
Property details
Description

Brand New Construction 3-bedroom, 2.5-bath home within minutes of the gates of Eglin AFB. The kitchen includes a dishwasher, microwave, refrigerator with ice maker, and an electric stove/oven, making meal prep and cleanup convenient. The fenced yard provides a private outdoor area for relaxation or activities. Thoughtfully laid out living spaces and multiple bathrooms offer everyday comfort and practicality. Located in Valparaiso near the gates of Eglin, this home balances functional indoor amenities with an enclosed outdoor space. No Smoking or Vaping

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (850) 218-7904
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for New Construction Rental Available 4/1 by bedroom type below.
3 Bedroom
Suggested income:
$88,200
per year
Rent report

New Construction Rental Available 4/1 Rent vs. Valparaiso Average

 New Construction Rental Available 4/1      Valparaiso Average
3BR
$2,450
$1,914
$0
$800
$1,600
$2,400
$3,200

New Construction Rental Available 4/1 is asking 28% more than the average 3 bedroom apartment in Valparaiso.

If you upsized to an average priced Valparaiso 4 bedroom apartment, you would pay 41% more per month.

If you downsized to an average priced Valparaiso 2 bedroom apartment, you would pay 17% more per month.

New Construction Rental Available 4/1 provides 41% more square footage than the average Valparaiso 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
New Construction Rental Available 4/1
3BR $2,450 $1.50 $7,350
Valparaiso Average
2BR $2,300 $2.30 $6,900
3BR $1,914 $1.60 $5,741
4BR $3,244 $1.50 $9,731

Availability in Valparaiso

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 7 3BR units on the market in Valparaiso. If you're looking to negotiate, this may be your best option.

2BR
3BR
4BR
8% 58% 33%
Available Units in Valparaiso
2BR 1
3BR 7
4BR 4
Location
Nearby College
Nearby Hospitals
Name Distance
Twin Cities Hospital 1.62 mi.
96 Th Medical Group Eglin Hospital 4.58 mi.
Rehabilitation Institute Of Northwest Florida 8.44 mi.
Nearby Fire Stations
Name Distance
Valparaiso Fire Department 0.31 mi.
Valparaiso Fire Department 0.76 mi.
North Bay Fire Control District 2.66 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on April 01, 2026.
What's the square footage of the available units?
It's 1,688 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep dogs.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
New Construction Rental Available 4/1 has a 3 bedroom unit starting at $2,450.
Where is this property located?
This property is at 117 Penny Ln in Valparaiso, FL. It's 1.0 miles northwest from the center of Valparaiso.
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