$308,000
5809 Tiagra Drive
Panama City, FL 32404
MLS# 790109
Status: Coming Soon - No Showings
4 beds  |  2 baths  |  1787 sqft


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Screenshot 2026-05-18 at 8.15.09AM

Property Description
This beautiful home offers an exceptional opportunity for both homeowners and investors seeking comfort, convenience, and long-term value in one of Bay County's growing residential areas. Nestled in a desirable neighborhood, this property combines peaceful suburban living with close proximity to everything that makes Panama City such a sought-after destination on Florida's Gulf Coast. This home is ideally located near top-rated schools, shopping centers, dining, healthcare facilities, and major commuter routes, making daily life both convenient and efficient. Residents enjoy easy access to beautiful Gulf Coast beaches, outdoor recreation, boating, fishing, and entertainment while still maintaining the privacy and tranquility of a residential community. The area continues to experience steady growth and development, enhancing the property's long-term investment potential. One of the most attractive features of this property is the existing tenant and property management, providing immediate income-producing potential for investors. Whether you are looking to expand your rental portfolio, secure passive income, or purchase a home with a built-in financial advantage, this property presents a rare turnkey opportunity. The presence of a tenant allows a new owner to begin generating revenue from day one. This is more than just a home - it is a strategic investment in lifestyle, location, and long-term value. With strong rental demand in the Panama City area, nearby amenities, and continued economic growth throughout Bay County, this property represents an excellent opportunity for buyers seeking stability, income potential, and a location positioned for future success.

Details
Maps
Contract Info
List Price/SqFt: 172.36
Status: Coming Soon - No Showings
List Date: 2026-05-09
List Price: $308,000
Current Price: $308,000
Location
Sub Area: 0515 - Bay East - Bayou George
Community/Resort: None
Waterfront: No
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Rutherford
Directions: Head north on US-231. Turn right onto Bayou George Rd. Continue straight, then turn right onto Nordic Dr. Turn right onto Hatteras Blvd. Continue into the Olde Towne Village / Barrett's Park area. Turn onto Tiagra Dr. Arrive at 5809 Tiagra Dr, Panama City, FL 32404.
Area: 05 - Bay County - East
Street #: 5809
Street Name: Tiagra
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Subdivision: Barrett's Park
Parcel ID: 05658-400-105
Legal Description: BARRETT'S PARK LOT 21 ORB 4519 P 225
General Property Info
Acreage: 0.25
Design: Craftsman Style
Lot Size (SqFt): 10890
Apx SqFt(Htd/Cooled): 1787
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Builders Plans
Lot Dimensions: IRR
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 2
Total Baths: 2
Year Built: 2022
Listing Info, Tax and Legal
Homestead: Yes
HOA Fee: Yes
HOA Amount: 165.21
HOA Frequency: Quarterly
HOA Annual Amount: 660.84
Senior Community: No
Is Subject Leased: Yes
Rent/Mo: 2000
Lease Expiration Dt: 2027-02-28
New Buyer Fee: No
Last Taxes: 2498
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: This beautiful home offers an exceptional opportunity for both homeowners and investors seeking comfort, convenience, and long-term value in one of Bay County's growing residential areas. Nestled in a desirable neighborhood, this property combines peaceful suburban living with close proximity to everything that makes Panama City such a sought-after destination on Florida's Gulf Coast. This home is ideally located near top-rated schools, shopping centers, dining, healthcare facilities, and major commuter routes, making daily life both convenient and efficient. Residents enjoy easy access to beautiful Gulf Coast beaches, outdoor recreation, boating, fishing, and entertainment while still maintaining the privacy and tranquility of a residential community. The area continues to experience steady growth and development, enhancing the property's long-term investment potential. One of the most attractive features of this property is the existing tenant and property management, providing immediate income-producing potential for investors. Whether you are looking to expand your rental portfolio, secure passive income, or purchase a home with a built-in financial advantage, this property presents a rare turnkey opportunity. The presence of a tenant allows a new owner to begin generating revenue from day one. This is more than just a home - it is a strategic investment in lifestyle, location, and long-term value. With strong rental demand in the Panama City area, nearby amenities, and continued economic growth throughout Bay County, this property represents an excellent opportunity for buyers seeking stability, income potential, and a location positioned for future success.
Covered Porch
First: 1
Dining Room
First: 1
Garage
First: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven - Electric: 1
Range - Electric: 1
Refrigerator: 1
Water Heater - Electric: 1
Interior Features
Floor - Vinyl: 1
Kitchen Island: 1
Lighting - Recessed: 1
Security System: 1
Construction/Siding
Foundation - Slab on Grade: 1
Roof - Composite Shngl: 1
Siding - Vinyl: 1
Existing Leases
1 or More Years: 1
Other - See Remarks: 1
Exterior
Fenced Back Yard: 1
Porch Covered: 1
Association Fees Include
Management: 1
Trash Disposal: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Living Room
First: 1
Lot Features
Cul-De-Sac: 1
Lot Access
Paved Road: 1
Parking Features
Driveway: 1
Garage Attached: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Walk-In Closet: 1
Rooms
Bedroom: 1
Covered Porch: 1
Dining Room: 1
Garage: 1
Living Room: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Internet - Broadband Available: 1
Internet - Fiber Optic: 1
Phone - Available: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Sale Type
As Is: 1
Bedroom
First: 1
Cooling
Central Air: 1
Heat Pump: 1
Heating
Central: 1
Heat Pump: 1
Property Features
Appliances: Dishwasher; Disposal; Microwave; Oven - Electric; Range - Electric; Refrigerator; Water Heater - Electric
Bedroom: First
Cooling: Central Air; Heat Pump
Heating: Central; Heat Pump
Existing Leases: 1 or More Years; Other - See Remarks
Exterior: Fenced Back Yard; Porch Covered
Association Fees Include: Management; Trash Disposal
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Living Room: First
Lot Features: Cul-De-Sac
Lot Access: Paved Road
Covered Porch: First
Dining Room: First
Garage: First
Parking Features: Driveway; Garage Attached
Rooms: Bedroom; Covered Porch; Dining Room; Garage; Living Room
Sale Type: As Is
Utilities: TV Cable; Electricity - Connected; Internet - Broadband Available; Internet - Fiber Optic; Phone - Available; Public Sewer - Connected; Public Water - Connected
Room Information
Room Name Level Dimensions Length Width
BedroomFirst15 x 1215.0012.00
BedroomFirst10.4 x 1110.4011.00
BedroomFirst10.4 x 1110.4011.00
BedroomFirst10.4 x 1110.4011.00
Living RoomFirst15.1 x 16.415.1016.40
Covered PorchFirst10.11 x 7.1110.117.11
GarageFirst20 x 2020.0020.00
Dining RoomFirst18 x 1118.0011.00

Listing Office: Think Real Estate

Last Updated: May - 20 - 2026

Information deemed reliable but not guaranteed.