5011 Magnolia Bay Circle, Palm Beach Gardens, FL 33418 (MLS# R10843312)

5011 Magnolia Bay Circle, Palm Beach Gardens, FL 33418

$590,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 2,149 Status: Closed
Current Price: $590,000 List Date: 11/03/2022 Last Modified: 7/01/2026

Overview

Description

This DiVosta built, Capri Model offers Stunning lake views on an oversized pie shaped lot. Combined with ideal Palm Beach Gardens location; this the perfect place to call home. Enclosed, air conditioned patio/solarium, two large bedrooms with two full baths, gorgeous lake views from the master suite with walk in closet. Large Living room, open kitchen with counter seating, den and dining area make for spacious and open living. The highly sought after gated community of Magnolia Bay is centrally located close to beaches, shopping, restaurants and more. The community also offers outstanding amenities including a clubhouse, large pool, fitness center and tennis courts. This home is being sold as is.

Listing Details MLS# R10843312

General Property Information

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
1554
Year Built
2004
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
Yes
Lot Size Area
6263
Lot Size Acres
0.14
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
Southeast
Pool Private YN
No
Builder Model
Capri
Furnished
Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Trash Flooring: Carpet; Laminate Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central; Electric Interior Features: Entrance Foyer Laundry Features: Inside Levels: Multi/Split Listing Terms: Cash; Conventional Lot Features: Room for Pool Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Buyer Approval Required Roof: Spanish Tile Security Features: Gated - No Guard Storm Protection Details: Storm Shutters Structure Type: Villa Tax Information: City/County Unit Description: Corner/End Unit Utilities: Cable Available Water View: Lake Waterfront Features: Lake Front Showing Requirements: Security Gate; Text Listing Agent Outdoor Living Spaces: Glass Enclosed; Patio; Porch Contingencies: Backup Contract/Call LA Room Types: Bedroom 2; Kitchen; Laundry; Living Room; Master Bedroom; Utility Room Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
615000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
5011
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
Elementary School
Marsh Pointe
Middle Or Junior School
Watson B. Duncan
High School
William T. Dwyer
Special Assessment YN
No
Parcel Number
52424125090001540
Zoning
RL3(ci
Directions
Military north from hood Road, First left into Magnolia Bay. Please call Vicki Rosenfield for Gate code

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
4598.26
Tax Year
2021
Tax Legal Description
MAGNOLIA BAY LT 154

Status Change Information

Major Change Timestamp
2023-03-03T17:05:47Z
Major Change Type
Status Change
Status Change Date
2023-03-03
Under Contract Date
2022-11-09
Close Date
2023-03-03
Close Price
590000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Max Times Per Year
2
Leasing - Minimum Number of Days
120

Storm Protection

Panel Shutters
Complete

Concessions

Seller Concessions
Yes

Contributions

Buyer Contributions
No

Room Types

Bedroom 2 Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Utility Room Level
Main

Price Calculations

Current Price To SqFt
379.66
Original List Price To Close Price
1.04

Originating Details

Originating System Key
20221102164611456550000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Kitchen 14.00 10.00 Main
Master Bedroom 15.00 13.00 Main
Living Room 18.00 16.00 Main
Utility Room 11.00 6.00 Main
Bedroom 2 15.00 12.00 Main
Laundry
IDX
Listing Office: Leibowitz Realty Group, LLC./P
Source MLS Verified
Last Updated: July - 01 - 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.
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