Updated 1 Day Ago
Highlights
- Washer and dryer
- Fully equipped kitchen
- Comfortable living areas
- Spacious and functional floor plan
- Large fenced backyard
Location
7108 Penn Way #1, Panama City, FL 32404, USA
Tour 7108 Penn Way #1
Contact
Nearby rentals
Property management
Apartments for rent Fort Walton BeachApartments for rent Santa Rosa BeachApartments for rent Panama City BeachApartments for rent Panama CityApartments for rent DestinApartments for rent NicevilleApartments for rent DeFuniak SpringsApartments for rent CrestviewApartments for rent Miramar BeachApartments for rent Elliott's PointApartments for rent FreeportApartments for rent Laguna BeachApartments for rent CallawayApartments for rent MariannaApartments for rent Lower Grand LagoonApartments Near Me
Houses for rent Miramar BeachHouses for rent Panama CityHouses for rent DestinHouses for rent Fort Walton BeachHouses for rent Panama City BeachHouses for rent NicevilleHouses for rent Santa Rosa BeachHouses for rent Mary EstherHouses for rent Lake LorraineHouses for rent ShalimarHouses for rent WrightHouses for rent Laguna BeachHouses for rent Lower Grand LagoonHouses for rent FreeportHouses for rent ParkerHouses for rent near me
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 7108 Penn Way #1
Beautiful 4-bedroom, 2 bath home located at Barretts Park at Olde Towne Village. Washer, Dryer, Stove with built in air fryer, Refrigerator, Microwave, Dishwasher. Large fenced in Backyard. Home is located off 231, 20 minutes to TAFB and 30 minutes to PCB beaches 20 minutes to 23rd Street. Beautiful 4-bedroom, 2-bath home available for long-term rental in Barrett's Park at Olde Towne Village! This well-appointed home offers a spacious and functional floor plan with comfortable living areas and plenty of room to enjoy both indoors and out. The kitchen comes fully equipped with a refrigerator, microwave, dishwasher, and range featuring a built-in air fryer. Washer and dryer are also included for added convenience. Step outside to a large fenced backyard offering plenty of outdoor space for relaxing and entertaining. Conveniently located just off Highway 231 with easy access to Tyndall Air Force Base, Panama City, shopping, dining, and area attractions. Approximately 20 minutes to Tyndall AFB and the 23rd Street shopping and dining corridor, and approximately 30 minutes to the beautiful beaches of Panama City Beach. Available for a long-term lease. Schedule your showing today!
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 7108 Penn Way #1 compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 2.4 miles away
Address details
| Zip code | 32404 |
|---|---|
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Panama City
4-bedroom apartments at 7108 Penn Way #1 cost about 5% more than the average rent price for 4-bedroom apartments in Panama City.
Median rents as of Oct 17 2026.
Panama City
| Month | Median Rent |
|---|---|
| November 2024 | $2,300 |
| December 2024 | $2,300 |
| January 2025 | $2,306 |
| February 2025 | $2,250 |
| March 2025 | $2,315 |
| April 2025 | $2,350 |
| May 2025 | $2,424 |
| June 2025 | $2,406 |
| July 2025 | $2,400 |
| August 2025 | $2,385 |
| September 2025 | $2,332 |
| October 2025 | $2,328 |
| November 2025 | $2,340 |
| December 2025 | $2,300 |
| January 2026 | $2,300 |
| February 2026 | $2,300 |
| March 2026 | $2,395 |
| April 2026 | $2,375 |
| May 2026 | $2,300 |
| June 2026 | $2,323 |
| July 2026 | $2,331 |
| August 2026 | $2,309 |
| September 2026 | $2,293 |
| October 2026 | $2,216 |
Affordability calculator
Can I afford to live at 7108 Penn Way #1?
Bedrooms
4+ 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
$92,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 4-bedrooms monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.
Schools near 7108 Penn Way #1
Tommy Smith Elementary School
5044 tommy smith dr
panama city, FL, 32404
PK, K-5Public
B
Chapman Early Education Center
2928 east 11th st
panama city, FL, 32401
PKPublic
Rosenwald High School
924 bay ave
panama city, FL, 32401
PK, 6-12Public
C-
Margaret K. Leweis in Millville
203 n east ave
panama city, FL, 32401
PK, K-12Public
Bay Virtual Franchise
1515 june ave
panama city, FL, 32405
K-12Public
C+
Neighborhood
Getting around Panama City near 7108 Penn Way #1
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
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.
Points of interest for 7108 Penn Way #1, Panama City
Groceries
1/10
Few or no groceries within a short drive
Shopping
1/10
Few or no shops within a short drive
Cafes
1/10
Few or no cafés within a short drive
Restaurants
3/10
Some restaurants within a short drive
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
2/10
Few or no bars within a short drive
Explore the area around 7108 Penn Way #1
Publix
4601 Lindsey Crossing
Winn-Dixie
3621 N Highway 231
Family Dollar
7205 N Highway 231
Christian Furniture & Treasure
5637 N Highway 231
Lids4Kids
7925 Charles Michael Dr
Salty Marsh Mercantile
3120 Country Club Dr
Magic Beans Coffee Company LLC
2613 Willow Brook Dr
Twisted Saloon LLC
7624 Penny Rd
Annie's Hideaway Pub
4708 Highway 389
Meadow
Forest
Meadow
Meadow
Meadow
Krispy Krunchy Chicken
6641 N Highway 231
Domino's
6547 US 231
Charlie Coram's Place
6204 N Highway 231
Hunt Brothers Pizza
5500 N Star Ave
Hungry Howie's
5805 N Highway 231
Compare similar properties nearby
The Kelly at 23rd Luxury Apartments
Our team has verified this company2002 Wilson Ave
3 Beds
$2,258–$4,483
Total Monthly Price. The price shown reflects a 13-month lease and includes base rent and all known required monthly fees, based on information provided by the property.- dogs ok
- dishwasher
- garage parking
Stanford Pointe
Our team has verified this company2401 Stanford Road
3 Beds
$1,731–$1,940
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
7209A Lake Suzzanne Ln
3 Beds
$2,050
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
3120 Minnesota Ave
3 Beds
$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
Magnolia Hills • 3203 Colter St
4 Beds
$2,700
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
140 Spikes Cir
4 Beds
$2,199
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
1611 Caleigh Ct
3 Beds
$1,795
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
6706 Fox Lake Dr
3 Beds
$2,100
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
The Kelly at 23rd Luxury Apartments
Our team has verified this company2002 Wilson Ave
3 Beds
$2,258–$4,483
Total Monthly Price. The price shown reflects a 13-month lease and includes base rent and all known required monthly fees, based on information provided by the property.- dogs ok
- dishwasher
- garage parking
Stanford Pointe
Our team has verified this company2401 Stanford Road
3 Beds
$1,731–$1,940
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
7209A Lake Suzzanne Ln
3 Beds
$2,050
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
3120 Minnesota Ave
3 Beds
$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
Magnolia Hills • 3203 Colter St
4 Beds
$2,700
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
140 Spikes Cir
4 Beds
$2,199
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
1611 Caleigh Ct
3 Beds
$1,795
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
6706 Fox Lake Dr
3 Beds
$2,100
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs ok
- dishwasher
- garage parking
