11921 Caruso DR Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32404
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 6,788 sqft
Price per Sqft $47
Subdivision [No Recorded Subdiv]
MLS Listing ID 773347
Style Other
Bedrooms 12
Full Baths 5
Year Built 1981
Annual Tax Amount $1,585
Tax Year 2024
Lot Size 0.980 Acres
Property Sub-Type Detached
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.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 05 - Bay County - East
Interior
Heating Central
Cooling Central Air
Exterior
Pool None
Community Features Short Term Rental Allowed
Building
Story 1
Stories 1
Schools
Elementary Schools Callaway
Middle Schools Rutherford Middle
High Schools Rutherford
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional