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$350,000 Just Listed
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Property 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!
Full Property Details
Full Property Details for 5111 Hagin Dr
General
- Price: $350,000
- Taxes: $505 (2025)
- Status: Active
- Type: Duplex
- Source: Bay_County
- MLS ID: 790466
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 4
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Location
- County: Bay
- Subdivision: Callaway Heights
- Driving Directions: From Tyndall Parkway, head east on Cherry Street. Turn right onto Hagin Drive. Property will be on the left at 5111 Hagin Drive.
School Information
- Elementary School: Cedar Grove
- Middle School: Rutherford
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Architectural Style: Duplex
- Structure Type: Duplex
- Sq. Ft. Source: Appraiser
- Year Built: 1969
Lot Features
- Lot Dimensions: 140 x 145
Financial Considerations
- Tax Amount: $505
- Tax Year: 2025
Disclosures and Reports
- Legal Description: CALLAWAY HEIGHTS LOTS 1, 2 BLK 4 ORB 3406 P 2092
- Property ID: 24899-000-000
Listed by LPT Realty LLC
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Schools
Schools serving 5111 Hagin Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Cedar Grove Elementary School 2826 East 15th Street, Panama City, FL 32405 | PK-5 | 1.8 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5111 Hagin Dr
Date
Details
Price
Change
Source
5/28/2026
Listed
$350,000
366.67%
MLS
5/02/2012
Sold
$75,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5111 Hagin Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$505
5%
$82,550
3%
2024
$479
20%
$80,224
11%
2023
$400
-6%
$72,206
3%
2022
$427
-1%
$70,103
3%
2021
$431
1%
$68,061
2%
2019
$426
-9%
$66,591
-12%
2018
$470
-2%
$75,259
1%
2017
$482
-2%
$74,818
—
2016
$494
-4%
$74,818
—
2015
$516
—
$74,818
—
2014
$515
7%
$74,818
—
2013
$480
—
$74,489
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5111 Hagin Dr
5111 Hagin Drive, Panama City, FL 32404 (MLS# 790466) is a Duplex property with 4 bedrooms and 3 full bathrooms. 5111 Hagin Drive is currently listed for $350,000 and was received on May 28, 2026. Want to learn more about 5111 Hagin Drive? Do you have questions about finding other Duplex real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

