11921 Caruso Dr, Panama City, FL 32404

6,788 SF Health Care Building Offered at $325,000 in Panama City, FL 32404

Asking Price $325,000

Sale Condition
Deferred Maintenance
Property Type
Health Care
Square Feet
6,788 SF

Listing Contacts

  • Property Info

Property Overview

Looking for a value add renovation project?
Formerly a 34 bed assisted living home on the outskirts of Panama City- this 6800 sq ft building sits on 1 acre and has 12 bedrooms, 5 baths and a ton of potential.
This is a fixer upper- not occupied, no NOI or T12 available.
Water is on.
Electric to property but has been disconnected due to vacancy
Property needs rehab- but that's why it's sub $50 per square foot and not $150 -$200 PSF like single family in the area.. or much more if you rehab, re license, and lease up as a group, assisted, or nursing home.
No blind offers or contract assignments.
Message for more info/pics

Property Details

Class
C
Year Built
1981
Stories
1
Property Subtype
Assisted Living
Lot Size (sq. ft)
44,867 SF
Units
12

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