Address: 11921 Caruso Drive, Panama City, FL 32404
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.
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.
Legal Description: 25-4S-13W -1.446- BEG 900' E OF NW COR TH E 150' S 300' W 150' N 300' TO POB LESS RDR/W & ESMT AKA L-103 E BAY PT UNRORB MAP 164A2 ORB 4698 P 2114
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