5+ Days Ago
Highlights
Pet Friendly
Location
1201 Lake Dr, Cantonment, FL 32533, USA
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Property Overview
1201 Lake Drive is an attractive rental option with a strong Zumper expert rating of 8.6, featuring an excellent price-to-value ratio at 10 out of 10. The property showcases a remarkable selection of amenities and a prime location, each rated 9 out of 10, providing easy access to cultural centers and dining options. Additionally, it emphasizes pet-friendliness and social opportunities, enhancing the living experience for residents.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Pet friendly
Great for
Pet owners
Social life
Floor plans
| 2BR/1.5BA | 2 bed | 1.5 bath | 936 sqft | $945 /mo | 1 unit available | 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 paying 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. Come take a look at this adorable 2 bedroom 1.5 bath unit located in Cantonment. This beautiful unit is perfect for a couple or small family. The unit features tile flooring throughout with carpet on the stairs. Living room, dining room, kitchen, and half bath downstairs. 2 bedrooms and one bath upstairs. Outdoor laundry area, Water included in the rent. Shared yard and driveway. The applications must be approved and you MUST move in to receive the move-in special of the waived $350 Cleaning Fee!!! 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 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. (Failure to comply with adding all required documents and information will result in automatic denial of the application) 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. |
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Amenities for 1201 Lake Drive
Apartment Amenities
| Trash | Water |
Appliances
| Oven | Range |
| Refrigerator | Stove/Oven |
Building
| Cats OK | Dogs OK |
Grounds
| Outdoor Space |
Services
| Lawn Care |
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?
Building details
Property details
| Units | 2 |
|---|
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About 1201 Lake Drive
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 paying 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. Come take a look at this adorable 2 bedroom 1.5 bath unit located in Cantonment. This beautiful unit is perfect for a couple or small family. The unit features tile flooring throughout with carpet on the stairs. Living room, dining room, kitchen, and half bath downstairs. 2 bedrooms and one bath upstairs. Outdoor laundry area, Water included in the rent. Shared yard and driveway. The applications must be approved and you MUST move in to receive the move-in special of the waived $350 Cleaning Fee!!! 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 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. (Failure to comply with adding all required documents and information will result in automatic denial of the application) 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.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 1201 Lake Drive is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1201 Lake Drive has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1201 Lake Drive offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
1201 Lake Drive goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 1201 Lake Drive receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1201 Lake Drive is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1201 Lake Drive does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
1201 Lake Drive is great for:
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 1201 Lake Drive compares to other nearby properties.
Positives
- Pet friendly
- This property allows pets
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Cantonment
2-bedroom apartments at 1201 Lake Drive cost about 21% less than the average rent price for 2-bedroom apartments in Cantonment.
Median rents as of Nov 15 2025.
Cantonment
| Month | Median Rent |
|---|---|
| March 2024 | $981 |
| June 2024 | $1,202 |
| July 2024 | $1,200 |
| August 2024 | $1,157 |
| September 2024 | $1,175 |
| January 2025 | $1,325 |
| February 2025 | $1,300 |
| March 2025 | $1,280 |
| April 2025 | $1,317 |
| May 2025 | $1,222 |
| June 2025 | $1,247 |
| July 2025 | $1,265 |
| August 2025 | $1,250 |
| November 2025 | $1,200 |
Affordability calculator
Can I afford to live at 1201 Lake Dr?
Bedrooms
2 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
$37,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,800 annually to afford this 2-bedrooms monthly rent price of $945.
For more information on rent affordability, visit our rent calculator.
Schools near 1201 Lake Drive
R.C. Lipscomb Elementary School
10200 ashton brosnaham rd
pensacola, FL, 32534
PK, K-5Public
B
Escambia Westgate Center
10050 ashton brosnaham rd
pensacola, FL, 32534
PK, K-12Public
Escambia Virtual Academy Franchise
30 e texar dr
pensacola, FL, 32503
K-12Public
A-
Escambia Virtual Academy
30 e texar dr
pensacola, FL, 32503
K-12Public
B-
County Administrative Annex
40 e texar dr
pensacola, FL, 32503
PK, 9-12Public
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Internet available near 1201 Lake Drive
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Cantonment near 1201 Lake Dr
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
2/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1201 Lake Dr, Cantonment
Groceries
3/10
No grocery stores within walking distance
Shopping
1/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
2/10
Few or no restaurants within walking distance
Primary schools
0/10
No elementary schools within a 30-minute walk
High schools
1/10
No high schools within a 30-minute walk
Nightlife
0/10
Few or no bars within walking distance
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