5071 MAGNOLIA BAY 5071, Palm Beach Gardens, FL 33418

$387,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 2,108 Status: Closed
Current Price: $387,000 List Date: 7/04/2006 Last Modified: 7/21/2026

Overview

Description

CHARMING LAKEFRONT VILLA IN PB GARDENS' PREMIERE NEW GATED COMMUNITY. DIVOSTA-BUILT QUALITY CAPRI MODEL III FEATURING MANY LUXURIOUS UPGRADES INCL. CORIAN COUNTERS, CEDAR PLANTATION SHUTTERS, BUILT-IN WALL UNIT, HIGH-END CEILING FANS W LIGHTS, TASTEFULLY PAINTED IN SHADES OF PEACH. POPULAR SINGLE STORY VILLA IN PET-FRIENDLY AND FAMILY-FRIENDLY COMMUNITY. ENJOY DESIRABLE SOUTHERN EXPOSURE LAKE VIEW IN A MARVELOUS LOW-MAINTENANCE COMMUNITY. ENJOY COMMUNITY AMENITIES, INCLUDING POOL, TENNIS, FITNESS, CLUB ROOM. LUSH TROPICAL LANDSCAPING CREATES PERFECT RELAXED SETTING. **HURRICANE SHUTTERS ** BUILT-IN SECURITY SYSTEM ** CENTRAL VAC** LUXURY FL LIVING AT IT'S BEST! GREAT SCHOOLS, 3 MILES FROM BEACHES, FINE AND CASUAL DINING NEARBY, ALONG WITH EXCELLENT SHO... (see supplement for full remarks

Supplements: CHARMING LAKEFRONT VILLA IN PB GARDENS' PREMIERE NEW GATED COMMUNITY. DIVOSTA-BUILT QUALITY CAPRI MODEL III FEATURING MANY LUXURIOUS UPGRADES INCL. CORIAN COUNTERS, CEDAR PLANTATION SHUTTERS, BUILT-IN WALL UNIT, HIGH-END CEILING FANS W LIGHTS, TASTEFULLY PAINTED IN SHADES OF PEACH. POPULAR SINGLE STORY VILLA IN PET-FRIENDLY AND FAMILY-FRIENDLY COMM ...

Listing Details MLS# R2673731

General Property Information

Number Of Units In Community
187
Total Units In Building
2
Property Sub Type
Villa
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
2108
Living Area Main
1520
Year Built
2004
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
North
Pool Private YN
No
Builder Model
CAPRI III
Furnished
Unfurnished
LP/Assessed Value
1.76

Property Features

Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Maintenance Grounds; Recreation Facility; Security Electric: Three Phase Flooring: Carpet; Ceramic Tile Leasing Permitted Details: Okay To Lease Parking Features: Garage Door Opener; Attached Garage; Garage Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Mediterranean Construction Materials: CBS; Concrete Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Fencing: Fenced Heating: Central; Electric Interior Features: Bedroom Layout - Split; Built-in Features; Cathedral Ceiling(s); Central Vacuum; Pantry; Pull Down Stairs; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Number Limit Possession: Close Of Escrow Restrictions: Buyer Approval Required Roof: Barrel; Composition; Rolled/Hot Mop Security Features: Fire Alarm; Gated - No Guard; Key Card Entry; Security Lights; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Structure Type: Villa Tax Information: City/County Unit Description: Garden Apartment 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: Call Listing Agent; Listing Agent Must Accompany Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Screened Room Types: Attic; Bedroom 2; Den; Dining Room; Great 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
427500

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
5071
Street Name
MAGNOLIA BAY
Unit Number
5071
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
52424125090001000
Zoning
R
Directions
WEST SIDE OF MILITARY TRAIL BETWEEN HOOD RD AND DONALD ROSS RD

Financial Information

Association YN
Yes
Association Fee
203.66
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Tax Annual Amount
4982
Tax Year
2005
Tax Assessed/SOH Value
240225
Tax Legal Description
MAGNOLIA BAY LT 100

Status Change Information

Major Change Timestamp
2006-12-05T19:19:00Z
Major Change Type
Contingency
Price Change Timestamp
2006-10-21T17:27:00Z
Status Change Date
2007-02-01
Under Contract Date
2007-01-26
Close Date
2007-01-31
Close Price
387000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Leasing Permitted Details

Leasing Permitted YN
Yes

Price Calculations

Current Price To SqFt
254.6
Original List Price To Close Price
1.1

Originating Details

Originating System Key
20130204073723358001000000
Originating System ID
M00000170

Room Information

Room Name Length Width
Bedroom 2 11.00 14.00
Den 14.00 10.00
Dining Room 14.00 9.00
Kitchen 14.00 9.00
Living Room 16.00 17.00
Master Bedroom 12.00 14.00
Utility Room 8.00 6.00
Attic
Great Room
Laundry
IDX
Listing Office: Mirsky Realty Group
Source MLS Verified
Last Updated: July - 21 - 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.