505 Beulah Ave Panama City, FL 32404

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.