57
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2830 Longleaf Road
About This Property
This beautifully maintained and updated home features four bedrooms, two full bathrooms, and two additional half bathrooms for guests and poolside convenience - all within more than 3,125 square feet of living space on a private 0.6-acre cul-de-sac lot.
The remodeled kitchen (updated 2025) showcases quartz countertops, a tile backsplash, modern appliances, and a stylish design, along with both an inviting eat-in breakfast area and a separate formal dining room. A Butler's Pantry adds valuable prep and storage space for entertaining.
The family room measures 19 x 21 and features a wood-burning fireplace with a gas insert, custom Venetian plaster walls, and large windows overlooking the pool area. The spacious master suite provides the perfect retreat with room for king-size furniture, a walk-in closet, double vanity, and private access to the screened Florida room.
The expansive screened-in Florida room connects seamlessly to both the family room and master suite, providing additional living space for relaxing, entertaining, or enjoying the view of the 17 x 34 pool and landscaped backyard. Two HVAC systems ensure comfort and efficiency throughout the home.
An oversized two-car garage includes a covered and enclosed walkway leading directly to the home, keeping you out of the weather. A bonus room above the garage offers excellent flexibility for a guest suite, home office, or media room. The home also includes an additional flex space ideal for homeschooling, a playroom, or a second office.
A detached building with a covered porch and climate-controlled interior currently serves as a home gym but could easily be used for hobbies, storage, or a studio. The extended driveway provides over 100 feet of parking space, offering ample room for an RV, boat, or additional vehicles. Situated at the end of a quiet cul-de-sac, this property offers the privacy and space rarely found so close to everything.
Kings Point remains one of Panama City's premier locations - a peaceful residential setting only minutes from Sam's Club, Publix, hospitals, restaurants, churches, and the charm of St. Andrews. Just ten minutes to the beach, this home perfectly blends comfort, convenience, and the relaxed Florida lifestyle.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017