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11921 Caruso Drive, Panama City, FL 32404

Panama City, FL 32404
  • 12 Beds
  • 5 Baths
  • 6,788 Sq Ft
  • 1981 Built
  • MLS 773347

About this home

Exсellеnt vаluе-аdd oрportunity for investors or heаlthcare οperators 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.

Property details

Property typeSingleFamilyResidence
StatusActive
Area05 - Bay County - East
Subdivision[No Recorded Subdiv]
CityPanama City
CountyBay
Zip32404
StyleOther
Taxes$1,585
Tax year2024

Interior

Total rooms12
Full baths5
CoolingCentralAir
HeatingCentral
Interior featuresHandicapAccess

Exterior & lot

Lot size0.98 acres
Lot dimensions150x150x285
PoolOther,SeeRemarks
Road frontageCity Street

Schools

ElementaryCallaway
MiddleRutherford Middle
HighRutherford

Community

Community featuresShort Term Rental Allowed
DirectionsFrom hwy 2297 turn right on Caruso, last property on right, right side open

Data source: Central Panhandle Association of REALTORS®

Location

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