- Overview
- Description
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- Location
- Facts & Features
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Street View
$325,000
Monthly Est:$1,618
12 Beds
5 Baths5 full baths
6,788sqft
11921 Caruso Dr, Panama City, FL 32404
$325,000
$1,618/moEst:
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Single Family Residence
Built in 1981
$-- HOA
0.98 acre lot
$48/sq.ft
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.
- Houzeo last checked: 7 minutes ago
- Listing updated: May 30, 2026 at 3:56 am
- Listing Provided by: Daniel P McCall (850) 625-8413 | Counts Real Estate Group Inc (850) 249-3615
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 773347
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1981
HOA Fees
-
Finished Area
6,788 sqft
Lot Size
0.98 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
773347
MLS Status
Active
Days on Market
536
Cumulative Days on Market
520
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 5
Bedroom
Level: First
Area: 120.00 Square Feet
Dimensions: 10 x 12
Interior
Sewer
Public Sewer
Cooling
Central Air
Interior Features
Handicap Access
Heating
Central
Construction
Year Built
Year Built: 1981
Home type
Single Family Residence
Architectural Style
Other
Utilities & Energy
Pool Features
Other, See Remarks
Utilities
Electricity Available
Other Features
Community Features
Short Term Rental Allowed
Subdivision Name
[no Recorded Subdiv]
Price History
| Date | Event | Price |
|---|---|---|
05/12/2025 Source: | Listed for Sale | $325,000 $48/sqft |
05/12/2025 Source: | Off Market | $325,000 +140.74% $48/sqft |
11/06/2023 Source: | Price Decreased | $135,000 -20.54% $20/sqft |
11/06/2023 Source: | Sold | $169,900 $25/sqft |
Getting Around 11921 Caruso Dr
Bike Score®
Somewhat Bikeable
25/100
Walk Score®
Car-Dependent
0/100
Data provided by Redfin
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 31, 2026, 12:45AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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