11921 Caruso Drive , Panama City, FL 32404 (Bay County)

Size: 0.98 Acres

Type: House

Home: 12 beds - 5 full baths - 6,788 Sq Ft

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Detached, Other - Panama City, FL

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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