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 Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision [No Recorded Subdiv]
MLS Listing ID 773347
Style Other
Bedrooms 12
Full Baths 5
HOA Y/N No
Year Built 1981
Annual Tax Amount $1,585
Tax Year 2024
Lot Size 0.980 Acres
Acres 0.98
Property Sub-Type Single Family Residence
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
Area 05 - Bay County - East
Interior
Interior Features Handicap Access
Heating Central
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Available
Accessibility Accessible Bedroom,Accessible Common Area,Accessible Closets,Accessible Central Living Area,Accessible Approach with Ramp,Accessible Doors
Building
Story 1
Entry Level One
Sewer Public Sewer
Architectural Style Other
Level or Stories One
New Construction No
Schools
Elementary Schools Callaway
Middle Schools Rutherford Middle
High Schools Rutherford
Others
Tax ID 07399-446-000
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional