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$825,000

505 Beulah Ave

Panama City, FL
Active
4
Bedrooms
3.5
Bathrooms
3,318
Square Feet
1.18
Lot Size (acres)
1973
Year Built
4
Days On Market

Rare East Bay waterfront. Over an acre of land. A beautifully renovated home with room to dream bigger. Properties that bring together this much waterfront appeal, versatility, and space are hard to find. Set on approximately 1.17 acres in Callaway, 505 Beulah Avenue offers a distinctive opportunity to experience the best of coastal living with the flexibility to make the property your own. Inside, a thoughtfully renovated interior showcases a bright, open-concept design, contemporary flooring, crisp finishes, and a stunning kitchen featuring sleek cabinetry, modern countertops, and an oversized island that naturally brings everyone together. Expansive windows and glass doors invite natural light into the living spaces, while the private upstairs primary suite offers something truly special: its own private deck overlooking East Bay, where peaceful mornings and sunset views become part of everyday life. Beyond the main residence, a separate living space with its own entrance, full bathroom, and fully equipped kitchen opens the door to an exceptional range of possibilities, from multigenerational living and hosting extended guests to exploring potential rental income, subject to applicable regulations. Outside, the expansive grounds offer a rare sense of freedom, with room for outdoor entertaining, recreational vehicles, gardening, or future improvements. Enjoy the waterfront from your own backyard, launch kayaks or paddleboards from the existing ramp, or take advantage of the nearby public boat ramp at John B. Gore Park, approximately 150 yards away, for convenient access to the water. With substantial land, a versatile layout, and a beautiful East Bay setting, there is room here to envision more than just a home. Conveniently located near shopping, dining, and everyday essentials, this property combines the appeal of waterfront living with the flexibility today's buyers are looking for. Whether you envision a private coastal retreat, a multigenerational residence, or a property with income-producing potential, 505 Beulah Avenue offers the space, setting, and possibilities to bring that vision to life. Schedule your private showing and experience it for yourself.

Listing Information

Listing Updated
4 days ago
Listed By
Liliia Kushnarev, 8508678067 · Local Insight Realty, 8508329417
MLS#
796069
Source
Central Panhandle Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
505 Beulah Ave, Panama City, FL 32404
City
Panama City
County
Bay
Neighborhood
Callaway
Zip Code
32404

Architecture

Bedrooms
4
Bathrooms
3.5
Stories
1
Year Built
1973
Style
Ranch
Construction Materials
Block
Building Area
3,318 sq. ft.
Levels
One
Garage
Yes
Garage Spaces
2

Features & Amenities

Interior Features
Walk-In Closet(s), Entrance Foyer, Smart Thermostat
Appliances
Electric Range, Tankless Water Heater, Electric Cooktop
Flooring
Vinyl
Exterior Features
Dock, Balcony
Patio and Porch
Deck
Cooling
Ceiling Fan(s), Central Air, Multi Units
Heating
Central

Property Features

Lot Size
1.18 Acres
Lot Features
Waterfront
Sewer
Public Sewer
Zoning
Resid Single Family

Square Footage

Total
3,318 sq. ft.

Tax & Financial Information

List Price
$825,000
Annual Taxes
$6,093

Schools

74/100
Springfield Elementary School
Grades M–M · 3 mi
City
Panama City
Students
409
Student–teacher
12.3
Student body
44% Black · 32% White · 15% Hispanic / Latino
Free/reduced lunch
75%
Phone
(850) 767-4575
68/100
Oscar Patterson Academy
Elementary · Grades PK–04 · 4.5 mi
City
Panama City
Students
394
Student–teacher
15.1
Student body
46% Black · 24% White · 22% Hispanic / Latino
Free/reduced lunch
71%
Phone
(850) 767-1610
61/100
Oscar Patterson Elementary Magnet
Grades M–M · 4.5 mi
City
Panama City
Students
367
Parent reviews
1.0★ avg · 2 reviews
Student body
50% Black · 37% White · 7% Hispanic / Latino
Free/reduced lunch
92%
Phone
(850) 767-4675
61/100
C C Washington Academy
Grades M–M · 4.6 mi
City
Panama City
Students
103
Student body
45% White · 43% Black · 8% Hispanic / Latino
Free/reduced lunch
97%
Phone
(850) 767-5576
56/100
Tyndall Academy
Elementary · Grades PK–08 · 4.4 mi
City
Tyndall Afb
Students
800
Student body
55% White · 15% Hispanic / Latino · 15% Black
Free/reduced lunch
41%
Phone
(850) 767-1714
53/100
Callaway Elementary School
Elementary · Grades PK–05 · 1.1 mi
City
Panama City
Students
622
Student body
44% White · 23% Black · 19% Hispanic / Latino
Free/reduced lunch
67%
Phone
(850) 767-1241
53/100
Parker Elementary School
Elementary · Grades PK–05 · 1.8 mi
City
Panama City
Students
617
Student body
43% White · 30% Black · 17% Hispanic / Latino
Free/reduced lunch
79%
Phone
(850) 767-4570
53/100
Rutherford High School
High · Grades 06–12 · 3.3 mi
City
Panama City
Students
1,379
Student body
43% White · 35% Black · 12% Hispanic / Latino
Free/reduced lunch
64%
Phone
(850) 767-4500

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/30/2026Listed for sale$825,000

Listed by Liliia Kushnarev · Local Insight Realty · 8508329417

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Central Panhandle Association of REALTORS. All rights reserved.

Last Updated: September 30, 2026 at 7:07 PM | Source: Central Panhandle Association of REALTORS | MLS#: 796069

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