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 Jun 12
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 Beach House Sales and Development shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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