505 Beulah Avenue, Panama City, FL 32404
Local realty services provided by:Better Homes and Gardens Real Estate Historic
505 Beulah Avenue,Panama City, FL 32404
$899,000
- 4 Beds
- 4 Baths
- 2,793 sq. ft.
- Single family
- Active
Listed by: johnathan l ramsey
Office: dalton wade inc
MLS#:791093
Source:FL_BCMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$321.88
About this home
Welcome to 505 Beulah Avenue, a spectacular waterfront retreat nestled on a rare, sprawling 1.17 acre lot in the heart of Callaway. If you have been searching for the perfect blend of modern luxury, deep water access, and income producing potential, this completely remodeled estate delivers on every front. Strategically located just moments from local shopping and dining, the property offers a highly convenient lifestyle while positioning you perfectly to capitalize on the exciting coming revival and commercial growth of the Callaway area. No detail was spared in this top to bottom transformation. The main residence boasts a light filled, open concept floor plan designed to capture stunning water views. High end finishes, modern flooring, and a chef inspired kitchen make this home an entertainer's dream. Retreat to the private upstairs master suite, which serves as your own personal sanctuary. This gorgeous space features a brand new private deck, offering breathtaking, panoramic views of East Bay the absolute perfect spot for morning coffee or unwinding at sunset. A standout feature of this property is the completely separate, fully permitted living space. Featuring its own independent access, full bathroom, and fully equipped kitchen, this space is perfectly positioned to be utilized as a highly lucrative Short Term Rental (STR), a private mother in law suite, or a guest house. With Callaway's favorable rental flexibility, you can let your property pay for itself from day one. Step outside into your own private coastal playground. With over an acre of cleared, prime land leading down to the serene waters of East Bay, you have direct, deep water access out to St. Andrews Bay and the Gulf. The property features its own small backyard ramp, making it incredibly easy to launch kayaks, paddleboards, or jet skis. For larger vessels, you are located a mere 150 yards from the public boat ramp at John B. Gore Park, making heavy trailering completely effortless. The expansive lot offers the ultimate footprint for customization, featuring a perfect building site with incredible water views to add a separate detached building for hobbies, an art studio, or the ultimate entertainment pavilion. Whether you are hitting the open water for a day of world class fishing, parking an RV, or building your dream detached workshop, this estate offers a waterfront lifestyle that is increasingly hard to find.
Do not miss the opportunity to own a fully updated, income generating piece of Florida waterfront. Schedule your private tour today!...
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Home facts
- Year built:1973
- Subdivision & Development:Callaway
- Listing ID #:791093
- Added:57 day(s) ago
- Updated:August 07, 2026 at 10:21 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:4
- Dining Description:SmartThermostat
- Bathrooms Description:SmartThermostat
- Kitchen Description:Electric Cook Top, Electric Range, Tankless Water Heater
- Bedroom Description:SmartThermostat
- Living area:2,793 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir, MultiUnits
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1973
- Building area:2,793 sq. ft.
- Lot area:1.17 Acres
- Architectural Style:Ranch
- Construction Materials:Block
- Exterior Features:Balcony, Deck, Dock
- Levels:2 Story
Schools
- High school:Rutherford
- Middle school:Rutherford Middle
- Elementary school:Callaway
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$321.88
Features and amenities
- Amenities:ElectricCooktop, ElectricRange, SmartThermostat, TanklessWaterHeater
Parking
- Garage:Yes
- Garage spaces:2
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