11921 Caruso Dr - Assisted Livings FOR SALE


Panama City, FL 32404
$325,000 USD
850-625-8413
11921 Caruso Dr, Panama City, FL for Sale
$325,000 USD
Assisted Livings - FOR SALE
1/41
null | Request Cap Rate

11921 Caruso Dr
Panama City, FL 32404


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

45,002 SF

ZONING

Unincorporated - R-1

APN/PARCEL ID

07399-446-000

ASK ABOUT THIS PROPERTY

Danny McCallCounts Real Estate GroupMore Info
850-625-8413

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Danny McCallCounts Real Estate GroupMore Info
850-625-8413

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.