5157 Magnolia Bay Circle, Palm Beach Gardens, FL 33418

$615,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 2,149 Status: Closed
Current Price: $615,000 List Date: 10/13/2022 Last Modified: 7/01/2026

Overview

Description

Beautiful lakefront living in the heart of Palm Beach Gardens! This CBS villa is Divosta built and sits on one of the largest lots with room for a pool. The move in ready villa boasts 2 bedrooms, 2 bath, an open concept living space, freshly painted interior and new water heater! The highly sought after gated community of Magnolia Bay is centrally located just minutes away from all the area has to offer. The community also offers great amenities including a clubhouse, large pool, fitness center and tennis courts.

Listing Details MLS# R10838362

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
6814
Lot Size Acres
0.16
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
Year Roof Installed
2004

Property Features

Association Fee Includes: Common Areas; Maintenance Grounds Dining Area: Dining/Living Room; Eat-In Kitchen; Formal Dining Electric: Three Phase Flooring: Laminate Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Microwave; Refrigerator; Washer; Water Heater; Cooktop Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central; Electric Interior Features: Bedroom Layout - Split; Built-in Features; Cathedral Ceiling(s); High Ceilings; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Room for Pool Membership: No Membership Available Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Buyer Approval Required Roof: Spanish Tile Security Features: Gated - No Guard Sewer: Public Sewer Structure Type: Villa Tax Information: City/County Unit Description: Corner/End Unit Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Lake Waterfront Features: Lake Front Window Features: Blinds Showing Requirements: Call Listing Agent; Security Gate; Text Listing Agent Outdoor Living Spaces: Patio; Porch Patio Details: Patio - Screened Contingencies: Inspection 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
620000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
5157
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
Yes
Parcel Number
52424125090000120
Zoning
RL3(ci
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
7169.96
Tax Year
2021
Tax Legal Description
MAGNOLIA BAY LT 12

Status Change Information

Major Change Timestamp
2022-12-02T15:18:07Z
Major Change Type
Status Change
Status Change Date
2022-12-02
Under Contract Date
2022-11-05
Close Date
2022-11-30
Close Price
615000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Location
Entry Level Living Area Y

Parking Information

Open Parking Spaces
2

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

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
Utility Room Level
Main

Price Calculations

Current Price To SqFt
395.75
Original List Price To Close Price
Yes

Originating Details

Originating System Key
20221011202217824450000000
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
Laundry
IDX
Listing Office: Water Pointe Realty Group
Source MLS Verified
Last Updated: July - 01 - 2026
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