Property Back to Results Property

11921 Caruso Drive, Panama City, FL 32404

$325,000
: 12
BD
: 5
BA

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $325,000
MLS#: 773347
Bedrooms: 12
Bathrooms: 5
Full-baths: 5
Acres: 0.98
Lot Size: 42,689
Subdivision: [No Recorded Subdiv]
Year Built: 1981

Refine Search

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.

Search All Properties

Additional Information

Stories: 1
Interior Features: Handicap Access
Lot Dimensions: 150x150x285
Elementary School: Callaway
Middle School: Rutherford Middle
High School: Rutherford