11921 Caruso Drive, Panama City, FL 32404

$325,000
12
BD
5
BA

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List Price
$325,000
MLS#
773347
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
12
Bathrooms
5
Lot Size
42,689

Property Description

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.

Additional Information

Acres
0.98
Elementary School
Callaway
High School
Rutherford
Interior Features
Handicap Access
Lot Dimensions
150x150x285
Middle School
Rutherford Middle
Project Facilities
Short Term Rental Allowed
Stories
1
Subdivision
[No Recorded Subdiv]
Utilities
Electricity Available
Year Built
1981

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Calculator source: Real Geeks

Listing courtesy of Counts Real Estate Group Inc.