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$325,000

Beds
12
Baths
3.0
sq ft
6,788

11921 Caruso Dr, Panama City, FL 32404

11921 Caruso Dr

Panama City, FL 32404

  • 20 days on market
Florida6,788 SF Health Care Building Offered at $325,000in Panama City, FL 32404. EXECUTIVE SUMMARY, 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

Details

Property type

Single Family Residence

Est. home value

$808,735

Lot size

0.98 acres

Price per sq ft

$48

Year built

1981

Annual property taxes

$990

HOA

No

Price History

12/02/2024
CentralPanhandle

CentralPanhandle #765706

Listed
$325,000
+140.74%
11/06/2023
CentralPanhandle

CentralPanhandle #745761

Sold
$135,000

Schools & Community

Elementary school: 

Callaway

Middle school: 

Rutherford Middle

High school: 

Rutherford

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Cortland Savings & Banking Co

Loan start date

August 2011

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Moonda Real Estate Company Llc

Lender

The Farmers National Bank Of Canfield

Loan start date

April 2009

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

5.04%

Loan type

Commercial, 20 year

Seller

Moonda Real Estate Company Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 3:15 AM

Listing updated: 12/06/2024 at 12:00 PM

Listed by: Moe Mossa, Savvy Avenue LLC Phone #: (888) 490-1268

MLS: CentralPanhandle #765706

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