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11921 Caruso Drive, Panama City, FL 32404

Panama City
Local realty services provided by:CENTURY 21 First Story Real Estate
11921 Caruso Drive,Panama City, FL 32404
$325,000
  • 12 Beds
  • 5 Baths
  • 6,788 sq. ft.
  • Single family
  • Active
Listed by: daniel p mccall
Office: counts real estate group inc
MLS#:773347
Source:FL_BCMLS

Price summary

  • Price:$325,000
  • Price per sq. ft.:$47.88

About this home

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.

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Home facts

  • Year built:1981
  • Listing ID #:773347
  • Added:505 day(s) ago
  • Updated:April 22, 2026 at 04:43 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:12
  • Dining Description:Handicap Accessible
  • Bathrooms Description:Handicap Access
  • Bedroom Description:Handicap Access
  • Living area:6,788 sq. ft.

Heating and cooling

  • Cooling:CentralAir
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1981
  • Building area:6,788 sq. ft.
  • Lot area:0.98 Acres
  • Levels:1 Story

Schools

  • High school:Rutherford
  • Middle school:Rutherford Middle
  • Elementary school:Callaway

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$325,000
  • Price per sq. ft.:$47.88
  • Tax amount:$1,585 (2024)
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. CENTURY 21 First Story Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 First Story Real Estate, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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