Ad #7861116
MLS #791093
Welcome to 505 Beulah Avenue, a spectacular waterfront retreat
505 Beulah Ave, Panama City, FL 32404
$899,000
4Beds
4Baths
2,793Sqft
1.17Acres
About this property
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!
Property Features
4 Beds
4 Baths
2,793 Sqft
Built in 1973
1.17 Acres
2 Stories
On Beachfront
Siding: Block
Has Dock
Central
Bay County
Callaway Community
Additional Photos
Contact Information
Johnathan L Ramsey
Dalton Wade
850-527-6481
Location
Listing Agent: Johnathan L Ramsey 850-527-6481
Broker: Dalton Wade 727-888-4175 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Dalton Wade 727-888-4175 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$899,000
4
Beds
4
Baths
2,793
Sqft
505 Beulah Ave, Panama City, FL 32404
By contacting this agent you agree to these Terms and Conditions.
MLS# 791093
Welcome to 505 Beulah Avenue, a spectacular waterfront retreat
$899,000
505 Beulah Ave, Panama City, FL 32404
4
Beds
4
Baths
2,793
Sqft
1.17
Acres
$899,000
505 Beulah Ave, Panama City, FL 32404
4 Beds
4 Baths
2,793 Sqft
1.17 Acres
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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Property Details
HOME DETAILS
4 Beds
4 Baths
2,793 Sqft
Built in 1973
1.17 Acres
2 Stories
BEACH & VIEW
On Beachfront
EXTERIOR
Siding: Block
Has Dock
INTERIOR
Central
FINANCIAL & COMMUNITY
Bay County
Callaway Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7861116
Viewed
65 times
Listing Status
Active
Added
Jun 10, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Central Panhandle Association of REALTORS
Source Property ID
791093
Listing Agent: Johnathan L Ramsey 850-527-6481
Broker: Dalton Wade 727-888-4175 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Dalton Wade 727-888-4175 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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