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516 Breakfast Point Boulevard
About This Property
The kitchen, dining, and living areas combine to create an open-concept space, making it easy to stay connected while cooking, gathering around the island, or relaxing together. A large island with granite countertops gives you plenty of room for meal prep and casual meals, complemented by mahogany cabinetry, stainless steel appliances, and a gas range. New LVP flooring throughout the home gives the interiors a fresh, cohesive feel while offering an easy-care finish well suited to Florida living.
The split-bedroom design gives everyone their own space. Two guest bedrooms are located toward the front of the home, while a third bedroom with a nearby full bath provides a comfortable guest suite. The generously sized primary suite looks out toward the backyard, creating a private retreat with a double vanity, large walk-in shower, and spacious walk-in closet. A separate laundry room gives you extra space for laundry, storage, and household tasks.
A flexible bonus space enclosed by French doors gives you room to create whatever suits your household, from a home office or study to a dining area or game room. At the back of the home, the oversized covered porch extends your living space outdoors, providing a comfortable place for morning coffee, afternoon shade, or evenings outside. The backyard has been fenced since March 2016, giving the outdoor space additional privacy.
The home has been thoughtfully updated and refreshed, including fresh interior paint and other minor repairs and improvements that help it feel like new. Metal hurricane-resistant shutters were added to the attic window in March 2016, along with interior window shutters. In July 2026, all smoke alarms received new batteries and five new alarms were added.
Breakfast Point is especially appealing for its abundance of green space, with sidewalks, trails, parks, and open spaces woven throughout the neighborhood. Schools are close by, while just outside the community, Publix and a wide range of shopping, dining, and essential services are nearby. Panama City Beach's sugar-white beaches and emerald-green Gulf waters are only minutes away, with Pier Park close enough to make shopping, dining, entertainment, and events part of the everyday mix.
Call today to schedule your private viewing and experience this Breakfast Point home for yourself.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Listed by Berkshire Hathaway HomeServices Beach Properties of Florida | $535,000 | |
| Listed by Berkshire Hathaway HomeServices Beach Properties of Florida | |||
| May 3, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017