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11921 Caruso Dr 6,016 SF Health Care Building Offered at $448,152 CAD in Panama City, FL 32404

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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

Price $448,152 CAD
Price Per Bed $37,346 CAD
Sale Type Owner User
Sale Conditions
Redevelopment Project
  • Building in Shell Condition
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 1.03 AC
Building Size 6,016 SF
No. Beds 12
No. Stories 1
Year Built 1981
Zoning Unincorporated - R-1 - Residential/ Assisted Living

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
- 12

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07399-446-000
Land Assessment
$95,666 CAD (2024)
Improvements Assessment
$62,637 CAD (2024)
Total Assessment
$158,303 CAD (2024)
  • Listing ID: 36948510

  • Date on Market: 2025-07-28

  • Last Updated:

  • Address: 11921 Caruso Dr, Panama City, FL 32404

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