5111 Hagin Drive, Panama City, FL 32404

$350,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,150 Status: Pending
Current Price: $350,000 List Date: 5/28/2026 Last Modified: 8/28/2026

Overview

Description

Great investment opportunity in the heart of Panama City! This duplex at 5111 Hagin Drive offers immediate income potential with one side currently tenant occupied, making it ideal for investors or buyers looking to offset their mortgage with rental income. Conveniently located near shopping, dining, schools, and Tyndall Parkway, this property provides easy access to both everyday amenities and Tyndall Air Force Base. Whether you’re looking to expand your rental portfolio, live in one unit while renting the other, or add a cash-flowing property to your investments, this duplex offers flexibility and opportunity. Don’t miss your chance to own an income-producing property in a growing area of Bay County!

Listing Details MLS# 790466

Contract Info

List Price/SqFt
162.79

Location

Area
02 – Bay County – Central
Street #
5111
Street Name
Hagin
Street Suffix
Drive
State
FL
Zip Code
32404
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
Callaway Heights
Community/Resort
None
Waterfront
No
Parcel ID
24899-000-000
Elementary School
Cedar Grove
Middle School
Rutherford
High School
Rutherford
Directions
From Tyndall Parkway, head east on Cherry Street. Turn right onto Hagin Drive. Property will be on the left at 5111 Hagin Drive.
Legal Description
CALLAWAY HEIGHTS LOTS 1,2 BLK 4 ORB 3406 P 2092

General Property Info

Sub-Type
Duplex Multi-Units
Design
Duplex
Apx SqFt(Htd/Cooled)
2150
SqFt Source
Prop App Site
Full Baths
3
Total Baths
3
Year Built
1969
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
140×145
Pool
No

Status Change Info

Under Contract Date
2026-07-22

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
505
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
Great investment opportunity in the heart of Panama City! This duplex at 5111 Hagin Drive offers immediate income potential with one side currently tenant occupied, making it ideal for investors or buyers looking to offset their mortgage with rental income. Conveniently located near shopping, dining, schools, and Tyndall Parkway, this property provides easy access to both everyday amenities and Tyndall Air Force Base. Whether you're looking to expand your rental portfolio, live in one unit while renting the other, or add a cash-flowing property to your investments, this duplex offers flexibility and opportunity. Don't miss your chance to own an income-producing property in a growing area of Bay County!

More Information

Furnished

Unfurnished
Yes

Rooms

Bedroom
Yes

Utilities

Other – See Remarks
Yes

Property Features

Furnished: Unfurnished Rooms: Bedroom Utilities: Other – See Remarks

Room Information

Room Name Dimensions Length Width
Bedroom 1 x 1 1.00 1.00
Bedroom 1 x 1 1.00 1.00
Bedroom 1 x 1 1.00 1.00
Bedroom 1 x 1 1.00 1.00
Listing Office: LPT Realty LLC
Last Updated: August – 28 – 2026
Information deemed reliable but not guaranteed.