5031 Magnolia Bay Circle, Palm Beach Gardens, FL 33418

$580,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 2,149 Status: Closed
Current Price: $580,000 List Date: 8/22/2023 Last Modified: 7/01/2026

Overview

Description

Take advantage of the NEW YEAR and visit this desirable DiVosta CBS Capri unit with 2BR/2BA plus 2 CG. Highly maintained and ready for a new owner, you will love its spaciousness, split floor plan and view of the lake from the screen enclosed patio. The gated community offers amenities such as pool, tennis, clubhouse, and more. Located close to highways, restaurants, shopping, banking, and the beaches. This is YOUR year to make a move. Come see for yourself!

Listing Details MLS# R10886224

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
4765
Lot Size Acres
0.11
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
East
Pool Private YN
No
Spa YN
No
Builder Model
Capri
Furnished
Unfurnished
Year Roof Installed
2004

Property Features

Application Information: Personal Interview Required Association Fee Includes: Cable TV; Common Areas; Maintenance Grounds; Recreation Facility; Security; Trash Dining Area: Kitchen Dining; Snack Bar/Counter Electric: Three Phase Flooring: Carpet Leasing Permitted Details: Okay To Lease Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Heating: Central; Electric Interior Features: Bedroom Layout - Split; Cathedral Ceiling(s); Central Vacuum; Entrance Foyer; High Ceilings; Pantry; Pull Down Stairs; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Washer Hookup Levels: Multi/Split Listing Terms: Cash; Conventional; FHA Lot Features: Interior Lot; Many Trees; Room for Pool; Sidewalks Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Pet Restrictions Possible; Number Limit; Size Limit Possession: Close Of Escrow Restrictions: Buyer Approval Required; Parking - No Commercial Vehicles; Parking - No Motorcycle; Parking - No Truck; Parking Restrictions Road Frontage Type: Public Road Roof: Spanish Tile Security Features: Gated - No Guard; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Storm Protection Details: Storm Shutters Structure Type: Villa Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available; Underground Utilities Water Source: Public Water View: Lake Waterfront Features: Lake Front Window Features: Blinds; Single Hung Metal; Sliding Showing Requirements: Schedule Online Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Screened Contingencies: None Room Types: Bedroom 2; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
629000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
5031
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
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
52424125090001440
Zoning
RL3(ci
Directions
Military Trail to entrance of Magnolia Bay on West side of the street. Go through the gate. Bear right. House is on the left.
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
398.61
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
561-626-0917
Membership Fee Required YN
No
Tax Annual Amount
7625.95
Tax Year
2022
Tax Legal Description
MAGNOLIA BAY LT 144

Status Change Information

Major Change Timestamp
2024-02-03T14:59:24Z
Major Change Type
Status Change
Price Change Timestamp
2023-10-29T15:15:51Z
Status Change Date
2024-02-03
Under Contract Date
2024-01-09
Close Date
2024-02-02
Close Price
580000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
175

Entry Information

Entry Location
Entry Level Living Area Y

Leasing Permitted Details

Leasing Permitted YN
Yes

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Maximum Number Of Pets
Yes
Total Weight Limit (Pets)
20

Leasing Restrictions

Leasing - Minimum Number of Days
120

Storm Protection

Panel Shutters
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

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

Price Calculations

Current Price To SqFt
373.23
Original List Price To Close Price
1.08

Originating Details

Originating System Key
20230418150038306783000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 18.00 16.00 Main
Kitchen 14.00 10.00 Main
Master Bedroom 15.00 13.00 Main
Bedroom 2 15.00 12.00 Main
Family Room
Laundry
IDX
Listing Office: Donohue Real Estate, LLC
Source MLS Verified
Last Updated: July - 01 - 2026
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