11921 Caruso Dr, Panama City, FL, 32404

This expansive 6,800 square foot property presents a remarkable opportunity for visionaries and investors alike. Formerly operated as an assisted living facility, this stately residence offers incredible potential for transformation into a magnificent private estate or innovative business venture. Boasting 12 bedrooms and 5 bathrooms spread across nearly an acre of land, the possibilities are endless for the right buyer.

Perfectly positioned in a sought-after location, this property showcases both convenience and potential. The solid structure features a newer roof installed just three years ago and benefits from reliable city utilities. Golf enthusiasts will appreciate the proximity to an upscale golf course development, while aviation aficionados will love being near a private airpark. Just minutes from shopping and a short drive to the glistening waters of the Gulf of Mexico, this property combines peaceful seclusion with easy access to premier coastal attractions and vibrant tourist destinations. The generous 0.98-acre lot provides ample space for creating your dream outdoor living space while maintaining privacy and serenity.