505 Beulah Avenue, Panama City, FL 32404 (MLS# 791093)

505 Beulah Avenue, Panama City, FL 32404

New Listing

$899,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,793 Lot Size (sq. ft.): 50,965 Status: Active

Current Price: $899,000 List Date: 6/10/2026 Last Modified: 6/10/2026

Overview

Description

Professional photos coming..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 b … (Read more) Professional photos coming..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!

Listing Details MLS# 791093

Contract Info

List Price/SqFt: 321.88

Location

Area: 05 – Bay County – East
Street #: 505
Street Name: Beulah
Street Suffix: Avenue
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: Callaway
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 06720-000-000
Elementary School: Callaway
Middle School: Rutherford Middle
High School: Rutherford
Directions: From the intersection of Highway 22 and Star Avenue, travel south on Star Avenue. Turn right on Cherry Street, then left on Beulah Avenue. Follow Beulah Avenue south to 505.
Legal Description: CALLAWAY PLAT 132A3 LOTS 11 TO 15 INC & W1/2 OF ALLEY ADJ & LOTS 19 TO 11 INC & E1/2 OF ALLEY ADJ & ELY EXT OF LOTS 19 & 20 TO BAYOU BLK 1 ORB 4824 P 1722

General Property Info

Sub-Type: Detached Single Family
Design: Ranch
Apx SqFt(Htd/Cooled): 2793
SqFt Source: Prop App Site
Full Baths: 3
Half Baths: Yes
Total Baths: 4
# of Stories in Building: 2
Year Built: 1973
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Lot Dimensions: 155.0 ft x 330.0 ft
Acreage: 1.17
Lot Size (SqFt): 50965
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Tax Year: 2025
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Professional photos coming..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!

Appliances

Cooktop – Electric: Yes
Range – Electric: Yes
Refrigerator: Yes
Water Heater – Tankless: Yes

More Information

Interior Features

Floor – Vinyl Plank: Yes
Stairs: Yes

Construction/Siding

Block: Yes

Exterior

Balcony: Yes
Deck Open: Yes

Waterfront Feature

Boat Launch: Yes
Dock: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Furnished

Unfurnished: Yes

Interior

Smart Thermostat: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Sloping: Yes
Waterfront: Yes

Lot Access

City Street: Yes

Parking Features

Garage Attached: Yes

Present Zoning

Resid Single Family: Yes

Rooms

Kitchen: Yes
Living Room: Yes
Primary Bathroom: Yes
Primary Bedroom: Yes

Utilities

Private Well: Yes
Public Sewer – Connected: Yes

Waterview

Bayou: Yes

Sale Type

As Is: Yes

Waterfront Type

Bay/Harbor: Yes

Primary Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Multi Units: Yes

Heating

Central: Yes

Primary Bdrm/Primary Bath

MBath Shower Only: Yes
MBath Walk-In Closet: Yes
MBed Balcony: Yes

Primary Bathroom

Second: Yes

Property Features

Appliances: Cooktop – Electric; Range – Electric; Refrigerator; Water Heater – Tankless Primary Bedroom: Second Cooling: Ceiling Fan(s); Central Air; Multi Units Heating: Central Exterior: Balcony; Deck Open Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Interior: Smart Thermostat Kitchen: First Living Room: First Lot Features: Sloping; Waterfront Lot Access: City Street Primary Bathroom: Second Parking Features: Garage Attached Rooms: Kitchen; Living Room; Primary Bathroom; Primary Bedroom Sale Type: As Is Utilities: Private Well; Public Sewer – Connected Waterfront Type: Bay/Harbor Waterfront Feature: Boat Launch; Dock Waterview: Bayou Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	Second	18 x 12	18.00	12.00
Master Bathroom	Second	9.5 x 7	9.50	7.00
Kitchen	First	13 x 13	13.00	13.00
Living Room	First	22 x 16	22.00	16.00

Listing Office: Dalton Wade Inc

Last Updated: June – 10 – 2026

Information deemed reliable but not guaranteed.