5+ Days Ago
Highlights
Pet Friendly
Location
1007 Lake Terrace Ave, Pensacola, FL 32505, USA|Crescent Lake
Tour 1007 Lake Terrace Ave
Contact
Palm Island Realty
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Property management
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Property Overview
Located in a pet-friendly area with no breed restrictions, the property allows a maximum of two pets and is conveniently located near two pet supply stores. With ten detailed photos available, prospective renters can easily visualize the space, and the property's value is competitive, ranking in the 83.33 percentile among similar options in the area.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Images Available
Great for
Pet owners
Amenities for 1007 Lake Terrace Ave, Crescent Lake
Appliances
| Oven | Range |
| Refrigerator |
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 1007 Lake Terrace Ave
Palm Island Realty and Rhino make moving more affordable than ever! With Rhino's streamlined security deposit services, our tenants now have the option to either pay a traditional cash security deposit up-front in full, or qualify for a security deposit insurance policy (SDI) through Rhino in lieu of a traditional deposit. Skip your security deposit altogether and save your cash! Visit our website to learn more about Rhino and what they can do for you. This charming 3 bedroom 1 bath home sits atop a small hill. One car carport. Spacious living room. Updated bathroom. Large eat-in kitchen. Hardwood floors throughout most of the home. Good sized bedrooms. New Drive-way. Plus a large back yard. Call Palm Island Realty today to schedule a viewing! No rental applications will be screened until the applicant has viewed the property in person. The application fee is $75.00 per adult. All adults over the age of 18 living in the home must apply separately. A non-refundable pet fee of $300 per pet is required (maximum of 2 pets, no aggressive breed dogs allowed) A non-refundable $350 cleaning fee is required, to be paid upon move-in. This cleaning fee is required up front, and will be credited to the tenants account, to be applied to cleaning services at the time that a tenant moves out of the property. Rental Requirements: No Evictions in the last 5 years No landlord collections in the last 5 years No outstanding utility bill balances Household combined monthly income must be more than or equal to 3 times the rental amount In addition to the monthly rent, a $17 monthly asset protection fee is due on the 1st of each month for all rentals. If credit is BELOW 620, a double security deposit or SDI policy will be required. Security deposit or SDI policy is due within 48 hours of an approved application. If negative information is found in any category, the application is subject to denial. Palm Island Property Management does not discriminate based on: race, color, religion, marital status, national origin, sex, sexual orientation, familial status, disability or source of income. We comply with all federal, state and local Fair Housing Laws.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1007 Lake Terrace Ave compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Neighborhood | Crescent Lake |
|---|---|
| Zip code | 32505 |
| Type | House for rent |
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Rent trends in Crescent Lake
3-bedroom apartments at 1007 Lake Terrace Ave cost about 4% more than the average rent price for 3-bedroom apartments in Brent.
Median rents as of Nov 1 2025.
Crescent Lake
Brent
| Month | Median Rent |
|---|---|
| November 2023 | $1,500 |
| December 2023 | $1,500 |
| January 2024 | $1,500 |
| February 2024 | $1,695 |
| March 2024 | $1,675 |
| April 2024 | $1,520 |
| May 2024 | $1,598 |
| June 2024 | $1,660 |
| July 2024 | $1,775 |
| August 2024 | $1,573 |
| September 2024 | $1,535 |
| October 2024 | $1,495 |
| November 2024 | $1,494 |
| December 2024 | $1,469 |
| January 2025 | $1,912 |
| February 2025 | $1,916 |
| March 2025 | $1,828 |
| April 2025 | $1,721 |
| May 2025 | $1,758 |
| June 2025 | $1,718 |
| July 2025 | $1,625 |
| August 2025 | $1,442 |
| September 2025 | $1,350 |
| October 2025 | $1,304 |
| November 2025 | $1,625 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,550 |
| September 2024 | $1,550 |
| October 2024 | $1,490 |
| October 2025 | $1,200 |
Affordability calculator
Can I afford to live at 1007 Lake Terrace Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$49,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $49,800 annually to afford this 3-bedrooms monthly rent price of $1,245.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $1,295 |
Schools near 1007 Lake Terrace Ave
Montclair Elementary School
820 massachusetts ave
pensacola, FL, 32505
PK, K-5Public
C-
Achieve Academy of Escambia County
1403 w saint joseph ave
pensacola, FL, 32501
K-12Public
County Administrative Annex
40 e texar dr
pensacola, FL, 32503
PK, 9-12Public
Escambia Virtual Academy
30 e texar dr
pensacola, FL, 32503
K-12Public
B-
Escambia Virtual Academy Franchise
30 e texar dr
pensacola, FL, 32503
K-12Public
A-
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Internet available near 1007 Lake Terrace Ave
Neighborhood
Crescent Lake | Brent, FL
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Pensacola near 1007 Lake Terrace Ave
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1007 Lake Terrace Ave, Pensacola
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
2/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Nightlife
1/10
Few or no bars within walking distance
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