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Sold for $615,000
  • $615,000

    5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418

    2beds
    1,708sqft
    Villa
    Built in 2004
    4,765 Square Feet Lot
    $635,400 Zestimate®
    $360/sqft
    $4,608 Estimated rent

    Home value

    $635,400

    $566,000 - $712,000

    $4,608/mo

    Zestimate® history
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    What's special

    Nestled in the highly sought-after Magnolia Bay neighborhood, this beautifully updated 2-bedroom home offers a rare find with en-suite bathrooms for each bedroom and an additional versatile den/office space featuring elegant French doors. Enjoy stunning water views that create a serene backdrop for your daily life. The home boasts newer appliances and an expanded kitchen, perfect for cooking and entertaining. A spacious laundry room, walk-in closets and two-car garage add to the convenience. Benefit from low HOA fees in this gated community, which includes cable and internet, as well as fantastic amenities such as tennis courts, a pool, a playground and a gym. These homes are expertly crafted by Divosta, ensuring quality and comfort throughout. Don't miss your chance to make this gem your own. The home is fully furnished and would be perfect for a seasonal stay or to make it your permanent residence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Camila Visser 954-812-1412,

    Luxury Real Estate Group LLC

    Bought with:

    Monica M Hernandez-Johnson, 3167441

    Donohue Real Estate, LLC

    Source: BeachesMLS,MLS#: R11076721MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 195
    • Dimensions: 15 X 13
    Primary bedroom
    • Level: Main
    • Area: 195
    • Dimensions: 15 X 13
    Bedroom 2
    • Level: Main
    • Area: 156
    • Dimensions: 13 X 12
    Bedroom 2
    • Level: Main
    • Area: 156
    • Dimensions: 13 X 12
    Kitchen
    • Level: Main
    • Area: 140
    • Dimensions: 14 X 10
    Kitchen
    • Level: Main
    • Area: 140
    • Dimensions: 14 X 10
    Living room
    • Level: Main
    • Area: 288
    • Dimensions: 18 X 16
    Living room
    • Level: Main
    • Area: 288
    • Dimensions: 18 X 16
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside
    Features
    • Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Main Level Primary, Pantry, Walk-In Closet(s)
    • Flooring: Wood
    • Windows: Blinds
    • Furnished: Yes
    Interior area
    • Total structure area: 2,149
    • Total interior livable area: 1,708 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Lot
    • Size: 4,765 Square Feet
    • Features: < 1/4 Acre
    Details
    • Parcel number: 52424125090001480
    • Zoning: RL3(ci
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Villa
    Materials
    • Block, Concrete
    • Roof: Spanish Tile
    Condition
    • Resale
    • New construction: No
    • Year built: 2004
    Details
    • Builder name: DiVosta Homes

    Utilities & green energy

    • Utilities for property: Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Gated, Street Lights
    • Security: Gated Community, Smoke Detector(s)
    • Subdivision: MAGNOLIA BAY
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Playground, Pool, Tennis Court(s)
    • Services included: Cable TV, Maintenance Grounds, Trash, Internet
    • HOA fee: $421 monthly
    • HOA phone: 561-250-6565
    Location
    • Region: Palm Beach Gardens

    Financial & listing details

    • Price per square foot: $360/sqft
    • Tax assessed value: $528,878
    • Annual tax amount: $2,713
    • Date on market: 3/31/2025
    • Cumulative days on market: 242 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    8/29/2025Sold$615,000-5.4%$360/sqft
    Source: BeachesMLS #R11076721 Report a problem
    5/5/2025Price change$650,000-4.4%$381/sqft
    Source: BeachesMLS #RX-11076721 Report a problem
    4/19/2025Price change$679,900-2.6%$398/sqft
    Source: BeachesMLS #RX-11076721 Report a problem
    3/31/2025Listed for sale$698,000$409/sqft
    Source: BeachesMLS #RX-11076721 Report a problem
    2/24/2025Listing removed$698,000$409/sqft
    Source: Palm Beach BOR #24-1575 Report a problem
    1/29/2025Price change$698,000-2%$409/sqft
    Source: BeachesMLS #RX-11031685 Report a problem
    11/29/2024Price change$712,000-3.4%$417/sqft
    Source: BeachesMLS #RX-11031685 Report a problem
    10/26/2024Listed for sale$737,000+154.1%$431/sqft
    Source: BeachesMLS #RX-11031685 Report a problem
    5/19/2008Sold$290,000-23.7%$170/sqft
    Source: Public Record Report a problem
    11/14/2005Sold$380,000+41.2%$222/sqft
    Source: Public Record Report a problem
    5/24/2004Sold$269,200$158/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,716 +0.1%$183,775 +2.9%
    2024$2,712 +2.6%$178,596 +3%
    2023$2,642 +1.1%$173,394 +3%
    2022$2,612 -0.1%$168,344 +3%
    2021$2,614 +1.1%$163,441 +1.4%
    2020$2,586 +1.6%$161,184 +2.3%
    2019$2,545 $157,560 +1.9%
    2018$2,545 +5%$154,622 +2.1%
    2017$2,424 +0.5%$151,442 +2.1%
    2016$2,412 +0.4%$148,327 +2.2%
    2015$2,403 -1.1%$145,155 +0.8%
    2014$2,430 +1.3%$144,003 +1.5%
    2013$2,399 +0.3%$141,875 +1.7%
    2012$2,391 +1.4%$139,503 +3%
    2011$2,357 +1.5%$135,440 +1.5%
    2010$2,322 +8.4%$133,438 +2.7%
    2009$2,143 -63.2%$129,930 -54.5%
    2008$5,825 -8.6%$285,545 -9.8%
    2007$6,371 -7.9%$316,626 0%
    2006$6,916 $316,656 +31.7%
    2005-- $240,383 +675.4%
    2004$264 $31,000
    Find assessor info on the county website

    Neighborhood: Magnolia Bay

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Marsh Pointe
    • Middle: Watson B. Duncan
    • High: William T. Dwyer

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $635,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $635,400