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!
Pending
$350,000
5111 Hagin Dr, Panama City, FL 32404
4beds
2,150sqft
:
Get pre-qualified$2,248/mo
Duplex, Multi Family
Built in 1969
-- sqft lot
$333,500 Zestimate®
$163/sqft
$-- HOA
What's special
- 77 days |
- 183 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
William J Rogers 850-693-0766,
LPT Realty LLC
Source: CPAR,MLS#: 790466
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom
Bedroom
- Dimensions: 1 x 1
Bedroom
- Dimensions: 1 x 1
Bedroom
- Dimensions: 1 x 1
Bedroom
- Dimensions: 1 x 1
Interior area
- Total structure area: 2,150
- Total interior livable area: 2,150 sqft
Property
Lot
- Size: 0.47 Acres
- Dimensions: 140 x 145
Details
- Parcel number: 24899000000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1969
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Callaway Heights
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $104,611
- Annual tax amount: $505
- Date on market: 5/28/2026
- Cumulative days on market: 59 days
Estimated market value
Zestimate®
$333,500
Estimated sales range
$317,000 - $350,000
Rent Zestimate®
$1,691/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Pending sale | $350,000$163/sqft |
Source: | ||
| 5/28/2026 | Listed for sale | $350,000+366.7%$163/sqft |
Source: | ||
| 5/7/2012 | Sold | $75,000-6.1%$35/sqft |
Source: Public Record Report a problem | ||
| 2/6/2012 | Listed for sale | $79,900$37/sqft |
Source: Coldwell Banker Carroll Realty, Inc. #503474 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $479 +19.8% | $80,224 +11.1% |
| 2023 | $400 -6.4% | $72,206 +3% |
| 2022 | $427 | $70,103 |
| 2021 | -- | -- |
| 2020 | $436 +2.2% | $68,061 +2.2% |
| 2019 | $426 | $66,591 -11.5% |
| 2018 | $426 -9.2% | $75,259 +0.6% |
| 2017 | $470 -2.6% | $74,818 |
| 2016 | $482 -6.4% | $74,818 |
| 2015 | $516 | $74,818 |
| 2014 | $516 | $74,818 +0.4% |
| 2013 | -- | $74,489 -2.9% |
| 2012 | -- | $76,694 -23.2% |
| 2011 | -- | $99,877 +1.5% |
| 2010 | -- | $98,401 +1.8% |
| 2009 | -- | $96,643 +0.1% |
| 2008 | -- | $96,548 +3% |
| 2007 | -- | $93,736 +2.5% |
| 2006 | -- | $91,450 +3% |
| 2005 | -- | $88,786 +3% |
| 2004 | -- | $86,200 +1.9% |
| 2003 | -- | $84,593 +40.3% |
| 2002 | -- | $60,278 +1.6% |
| 2001 | -- | $59,329 +0.9% |
| 2000 | -- | $58,822 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32404
Nearby schools
GreatSchools rating
- 4/10Cedar Grove Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Cedar Grove
- Middle: Rutherford
- High: Rutherford
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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