12 Beds
5 Baths
6,788 sqft
$325,000
11921 Caruso Drive, Panama City FL, 32404
Price per sqft$47.88
Built in1981
Property size6,788 sqft
Property typeResidential
Overview
Active
Listed May 12, 2025
Updated 10h ago
Excellent value-add opportunity for investors or healthcare operators or large dwelling. This 6,788 SF former assisted living facility is situated on a 1-acre parcel just outside Panama City, Florida. Previously licensed as a 34-bed residence, the property features 12 bedrooms, 5 bathrooms, and significant potential for redevelopment or renovation. The building is currently vacant and in need of substantial updates—ideal for those seeking a renovation project. Whether you're looking to restore its original purpose or repurpose it entirely, this property presents a rare opportunity in a growing market.
$2,162/mo
Est. mortgage payment based on a $325,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 773347
Interior Features
- Bedrooms
- 12
- Bathrooms
- 5
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.98 Acres
Other Property Details
- Taxes
- $1,585
- Tax Frequency
- Annually
Courtesy of Counts Real Estate Group Inc, Daniel P McCall,
Listing Contact: 850-625-8413
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Terri M Snyder shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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