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About This Home
This 12-bedroom, 5-bathroom single family at 11921 Caruso Drive in Panama City, FL is listed for $325,000 ($48 per sqft). Built in 1981, the home offers 6,788 sqft of living space on a 0.98 acres lot.
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.
Key Features
- Built in 1981
- 0.98 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11921 Caruso Drive
Panama City, FL 32404
[No Recorded Subdiv]
Features & Amenities
Interior Features
Property Details
Heating
Cooling
Questions & Answers
This 12-bedroom, 5-bathroom single family at 11921 Caruso Drive is listed at $325,000 ($48/sqft). The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.
Key features include: Built in 1981, 0.98 acre lot. Interior Features: HandicapAccess.
This property is listed by Daniel P McCall and can be reached at 8506258413 or dannypmccall@gmail.com.