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11921 Caruso Dr 6,016 SF Health Care Building Offered at $325,000 in Panama City, FL 32404
Investment Highlights
- Versatile property with many potential uses
- Easy access to Hwy 2297
- Large parcel
Executive Summary
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.
Property Facts
Room Mix Information
| Description | No. Beds |
|---|---|
| - | 12 |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 07399-446-000 | Improvements Assessment | $44,394 |
| Land Assessment | $67,800 | Total Assessment | $112,194 |
Property Taxes
Parcel Number
07399-446-000
Land Assessment
$67,800
Improvements Assessment
$44,394
Total Assessment
$112,194
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11921 Caruso Dr
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