# 11921 Caruso Drive, Panama City, FL 32404

> **TL;DR:** 12bd/5ba single family, $325,000 ($48/sqft), built 1981, 6,788 sqft.
> A/C. Est. $1,408/mo. Listed 385 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Price/sqft | $48 |
| Bedrooms | 12 |
| Bathrooms | 5 full |
| Square Feet | 6,788 |
| Year Built | 1981 |
| Lot Size | 42,689 sqft (0.98 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 385 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,408 |
| **Total** | **$1,408** |

## Nearby Schools

- **Elementary:** Callaway
- **Middle:** Rutherford Middle
- **High:** Rutherford

## Key Amenities

- A/C

## Property Highlights

- Built in 1981
- 0.98 acre lot

## Description

### Agent 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

- **Address:** 11921 Caruso Drive, Panama City, FL 32404
- **County:** Bay
- **Neighborhood:** [No Recorded Subdiv]
- **Coordinates:** 30.115898, -85.504253
- **Google Maps:** https://www.google.com/maps?q=30.115898,-85.504253

## Listing Agent

- **Name:** Daniel P McCall
- **Brokerage:** Counts Real Estate Group Inc
- **Phone:** 8506258413
- **Email:** dannypmccall@gmail.com

## Primary Photo

![11921 Caruso Drive - Primary Photo](http://lh.rdcpix.com/b83653e142307be7e6c7224c8f0d34b7l-f565331136r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/11921-caruso-drive-panama-city-fl-32404-l773347)*

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**MLS#:** 773347 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/11921-caruso-drive-panama-city-fl-32404-l773347)

---

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