5063 Magnolia Bay Circle, Palm Beach Gardens, FL 33418

$600,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 2,149 Status: Closed
Current Price: $600,000 List Date: 11/22/2024 Last Modified: 6/30/2026

Overview

Description

Lakeside living is beautiful in this highly sought after DiVosta built Capri model home! Sitting on a large serene lake in the much sought after gated community of Magnolia Bay. This well built CBS home boasts a split bedroom layout with a spacious garage and lots of community amenities while providing a peaceful, highly walkable community. With a 2 car garage and complete with accordion shutters this home has two en suite bedrooms with walk in closets, high cathedral ceilings in living area, an open floor plan and storage throughout. The oversized screened in patio has beautiful west facing views while providing privacy.

Supplements: Magnolia Bay is centrally located to everything while being tucked away in Palm Beach Gardens. Just minutes to fabulous beaches, restaurants, shopping, arts, golf, major highways and Palm Beach Int'l Airport.

Listing Details MLS# R10969415

General Property Information

Number Of Units In Community
187
Total Units In Building
2
Property Sub Type
Townhouse
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
Builder Model
Capri
Furnished
Negotiable
Year Roof Installed
2004

Property Features

Association Fee Includes: Common Areas; Common Real Estate Tax; Maintenance Grounds; Security Dining Area: Florida/Dining Combination; Snack Bar/Counter Electric: Three Phase Flooring: Carpet; Ceramic Tile Parking Features: 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; Stucco Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Heating: Central; Electric Interior Features: Bedroom Layout - Split; Built-in Features; Cathedral Ceiling(s); Closet Cabinetry; Entrance Foyer; Pantry; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Laundry Tub Listing Terms: Cash Lot Features: Room for Pool Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Pet Restrictions Possible Possession: Close Of Escrow Restrictions: Parking - No Commercial Vehicles; Parking - No Motorcycle; Parking - No RV; Parking - No Truck; Parking Restrictions Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Roof: Barrel Security Features: Gated - No Guard; Security System; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Structure Type: Townhouse Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Lake Waterfront Features: Lake Front Window Features: Blinds; Double Hung Metal Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Security Gate; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Screened Contingencies: Inspection Room Types: Bedroom 2; Family Room; 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
649900
Negotiable Seller Concessions YN
No

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
5063
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
52424125090001040
Zoning
RL3(ci
Directions
95 to Donald Ross East to Military Trail South community entrance on west side of Military.

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
421
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
561-250-6565
Association Website
tritoncam.com
Membership Fee Required YN
No
Tax Annual Amount
4402
Tax Year
2023
Tax Legal Description
MAGNOLIA BAY LT 104

Status Change Information

Major Change Timestamp
2025-01-02T16:48:25Z
Major Change Type
Status Change
Price Change Timestamp
2024-10-04T18:14:00Z
Status Change Date
2025-01-02
Under Contract Date
2024-11-01
Close Date
2024-12-20
Close Price
600000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
450

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
Yes
Capital Contributions Amount
1261

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Minimum Number of Days
120

Storm Protection

Accordian Shutters
Complete

Buyer Details

Country of Origin
United States

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
Utility Room Level
Main

Price Calculations

Current Price To SqFt
386.1
Original List Price To Close Price
1.08

Originating Details

Originating System Key
20240312143531784536000000
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
Utility Room 11.00 6.00 Main
Family Room
Laundry
IDX
Listing Office: Illustrated Properties
Source MLS Verified
Last Updated: June - 30 - 2026
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