5001 Magnolia Bay Circle, Palm Beach Gardens, FL 33418

$675,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 2,149 Status: Closed
Current Price: $675,000 List Date: 3/11/2022 Last Modified: 7/02/2026

Overview

Description

Lovely 2BD, 2BA villa with beautiful lake views in the sought-after community of Magnolia Bay. This popular Divosta-built home, in immaculate condition, offers updates such as new bedroom floors, natural wood living room floors, plantation shutters, hurricane sliders, and an extended patio to allow for outdoor entertaining. Mature and lush tropical landscaping & freshly painted interior! This gated community also has a fitness center,large pool and tennis courts.Magnolia Bay is located close to the Gardens Mall, shops, restaurants, and only 10 minutes from I-95.

Listing Details MLS# R10782061

General Property Information

Total Units In Building
2
Property Sub Type
Villa
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
2149
Building Area Source
Public Records
Living Area Main
1667
Year Built
2004
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
Yes
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
East
Pool Private YN
No
Furnished
Unfurnished

Property Features

Dining Area: Florida/Dining Combination; Snack Bar/Counter Electric: Three Phase Flooring: Ceramic Tile; Laminate; Wood Parking Features: Decorative; Driveway; Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS; Concrete Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Heating: Central; Electric Interior Features: Bedroom Layout - Split; Built-in Features; Cathedral Ceiling(s); Central Vacuum; Entrance Foyer; Pantry; Pull Down Stairs; Storage; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Buyer Approval Required Roof: Barrel Security Features: Gated - No Guard; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Structure Type: Villa Tax Information: City/County Unit Description: Corner/End Unit Utilities: Cable Available; Sewer Available; Water Available; Underground Utilities Water Source: Public Water View: Lake Waterfront Features: Lake Front Window Features: Plantation Shutters; Single Hung Metal; Sliding Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; Schedule Online; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Contingencies: None Room Types: Bedroom 2; Dining Room; Family Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom; Utility Room

Contract Information

Comp Sale YN
No
Original List Price
649900

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
5001
Street Name
Magnolia Bay
Street Suffix
Circle
City Name
Palm Beach Gardens
State Or Province
FL
Postal Code
33418
Postal Zip
33418
Subdivision Name
MAGNOLIA BAY
Development Name
MAGNOLIA BAY
Area
5320
Geographic Area
PB29
Special Assessment YN
No
Parcel Number
52424125090001590
Zoning
RES
Directions
MILITARY TRAIL NORTH OF HOOD ROAD ON WEST SIDE; LEFT THROUGH GATE TO PROPERTY.

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
364
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
4575
Tax Year
2021
Tax Legal Description
MAGNOLIA BAY LOT 159

Status Change Information

Major Change Timestamp
2022-04-04T11:35:36Z
Major Change Type
Status Change
Price Change Timestamp
2022-03-08T18:17:14Z
Status Change Date
2022-04-04
Under Contract Date
2022-03-11
Close Date
2022-04-01
Close Price
675000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Storm Protection

Impact Glass
Partial
Panel Shutters
Partial

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
404.91
Original List Price To Close Price
0.96

Originating Details

Originating System Key
20220222155743706958000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Bedroom 2 14.00 11.00
Dining Room 14.00 10.00
Family Room 14.00 10.00
Kitchen 12.00 10.00 Main
Living Room 18.00 16.00 Main
Master Bedroom 14.00 12.00 Main
Utility Room 12.00 7.00
Great Room
Laundry
IDX
Listing Office: Douglas Elliman Jupiter
Source MLS Verified
Last Updated: July - 02 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.