$3,266

closing credit¹

7881 Penny Ln Milton, FL 32583

$275,000
3 beds
1 full
1,197 sqft
1.7 acres
$230 / sqft
House

Property details

About 7881 Penny Ln

Charming and updated, this 3 bedroom, 1 bathroom all-brick home sits on a serene 1.72-acre property, combining two parcels for ample space and privacy. Thoughtfully updated with new flooring, countertops, and a bathroom vanity, this 1,441 sqft home offers a cozy fireplace, a bonus room, and a large covered back porch overlooking the expansive yard. Relax by the inground swimming pool as you take in stunning sunsets, or enjoy the peace and quiet of this private retreat. The home also features a metal roof (4 years old), a 1-year-old HVAC system (inside and out), and an electric water heater. With no HOA, short-term rentals allowed, and plenty of room to grow, this property is ideal for those seeking a private haven with modern comforts. Located just a short 30-minute drive to the world-famous white sand beaches of Navarre, Florida, this home provides the perfect balance of tranquility and accessibility. Pool liner is currently being replaced and will be in working condition upon closing.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,197 sqft
Lot size1.74 Acres
Year built1971
ParkingCarport, Carport Attached, Covered
MLS #966785
FireplaceFireplace
Private poolYes

Summary

  • MLS Number: 966785
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: LPT Realty LLC
  • Office Email: flbrokers@lptrealty.com
  • Listing Agent: Todd A Siegrist

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 12:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house featuring a yard

$275,000

7881 Penny Ln

$3,266

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 24, 2023
Home Sold
$235,000
Apr 27, 2022
Home Sold
$225,000
Jun 18, 2021
Home Sold
$160,000

Tax history

YearAssessmentProperty Tax
2023$176,439$2,150
2022$146,118$1,371
2021$113,660$1,371
2019$89,338$1,194
2017$81,041$1,115

History based on county public records data.

Nearby schools

3

East Milton Elementary School

Public District PK-5

1.6 mi

5156 Ward Basin Rd

5

Bagdad Elementary School

Public District PK-5

2.9 mi

4512 Forsyth St

4

W. H. Rhodes Elementary School

Public District KG-5

3.3 mi

5563 Byrom St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,804. The most common annual income of people living in Milton, FL is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

45%
<35k
38%
35k-100k
15%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
15%
Single, with Kids
31%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7881 Penny Ln

This home is located at 7881 Penny Ln in Milton, FL and zip code 32583. This 1,197 square foot home, which was built in 1971, sits on a 1.74 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $275,000.

In December 2024 more than 14 listings in Milton, FL were sold above the asking price. During the same period more than 45 listings were sold at asking price, while more than 75 were sold below. In December 2024 in Milton, FL there were 0.7% less homes for sale than in November. The median list price of listings available in December 2024 was $320,834, while the average time on the real estate market was 82 days.

From Rocket Homes Real Estate and based on county public records data.

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