Penny Hardaway Gives Golf Shoes $500 Makeover

Penny Hardaway just dropped $500 so he could hit the links FRESH ... in one-of-a-kind golf shoes patterned after his classic Fighter Jet Foamposites from back in the '90s.

TMZ Sports spoke with Roly Padron from Nomad Customs, who says Penny wanted a special look for the Black Enterprise Golf Challenge this Labor Day weekend ... so he decided to freak his sneaks.

Roly hand painted a pair of Nike Air Zoom 90 golf shoes -- a 10 hour job -- to give Penny the same camouflage look from his classic shoe that drives sneakerheads wild.

The blue in the shoe is also significant ... a nod to Penny's time with the Orlando Magic ... just tossed in there for a little nostalgia ... and, of course, Hardaway's signature logo is on the back.

Whole job cost about $500 bucks ... but you know what they say ... look good, play good.