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Sold for $567,500
    • $567,500

    5047 Magnolia Bay Circle, Palm Beach Gardens, FL 33418

    2beds
    1,708sqft
    Villa
    Built in 2004
    5,428 Square Feet Lot
    $581,700 Zestimate®
    $332/sqft
    $4,617 Estimated rent

    Home value

    $581,700

    $518,000 - $652,000

    $4,617/mo

    Zestimate® history
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    What's special

    Here's a Golden Opportunity. Waterfront location in a Built-SOLID Divosta (Poured solid Concrete Wall Construction - Better than CBS!) This Extended Capri III model located in desirable Magnolia Bay is well priced and is awaiting a new Owner! Experience the Boutique-Feel of this cozy enclave of 187 homes in this Luxury Patio Home in the heart of Palm Beach Gardens. The Community is Gated and has a heated pool, 2 Tennis Lighted Courts, a Workout Room, a Community Room with activities like Yoga, Book & Travel Clubs and Water Aerobics classes as well. Quarterly Maintenance fee includes 3 utilities: Security & Panic Alarms/High Speed Wifi/Cable services/Ppty. Mgr and the above recreational amenities. Screened Patio completely RE-Screened 3/14/2025! Agent is related to Trustee's by marriage.

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank V Owen 561-818-0877,

    Illustrated Properties (Abacoa),

    Rhonda B. Shoumate PA 561-628-3525,

    Illustrated Properties

    Bought with:

    Bea Sallabi, 0622277

    Compass Florida LLC

    Source: BeachesMLS,MLS#: R11067097MLS 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
    • Description: Carpet
    • Level: First
    • Area: 168
    • Dimensions: 14 X 12
    Bedroom 2
    • Description: Carpet
    • Level: First
    • Area: 154
    • Dimensions: 14 X 11
    Family room
    • Description: Tile Floors
    • Level: First
    Kitchen
    • Description: Tile Floors
    • Level: First
    • Area: 140
    • Dimensions: 14 X 10
    Living room
    • Description: Tile Floors
    • Level: First
    • Area: 216
    • Dimensions: 18 X 12
    Utility room
    • Description: Tile Floors
    • Level: First
    • Area: 60
    • Dimensions: 6 X 10
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside, Laundry Tub
    Features
    • Attic, Breakfast Bar, Breakfast Area, Closet Cabinetry, Cathedral Ceiling(s), Central Vacuum, Dual Sinks, Entrance Foyer, Living/Dining Room, Main Level Primary, Pull Down Attic Stairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Windows: Blinds, Plantation Shutters
    • Attic: Pull Down Stairs
    Interior area
    • Total structure area: 2,149
    • Total interior livable area: 1,708 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Driveway, Garage
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    • Details: CarportSpaces:0.00
    Features
    • Levels: Multi/Split,One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: Canal, Garden
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front
    Lot
    • Size: 5,428 Square Feet
    • Dimensions: 42 x 133 x 41 x 133
    • Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
    Details
    • Parcel number: 52424125090001360
    • Zoning: RL3(ci)
    • Special conditions: Listed As-Is
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Villa
    Materials
    • Block, Other, Concrete
    • Roof: Barrel,Spanish Tile
    Condition
    • Resale
    • New construction: No
    • Year built: 2004
    Details
    • Builder model: Ext.'d CAPRI
    • Builder name: DiVosta Homes

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Gated, Property Manager On-Site, Street Lights, Sidewalks
    • Security: Security System Owned, Closed Circuit Camera(s), Gated Community, Key Card Entry, Phone Entry, Smoke Detector(s)
    • Subdivision: MAGNOLIA BAY
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Playground, Pool, Sidewalks, Tennis Court(s)
    • Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Recreation Facilities, Security
    • HOA fee: $441 monthly
    • HOA phone: 561-250-6565
    Location
    • Region: Palm Beach Gardens

    Financial & listing details

    • Price per square foot: $332/sqft
    • Tax assessed value: $509,681
    • Annual tax amount: $8,747
    • Date on market: 3/15/2025
    • Cumulative days on market: 23 days
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/13/2025Sold$567,500-5.4%$332/sqft
    Source: BeachesMLS #R11067097 Report a problem
    5/13/2025Pending sale$599,996$351/sqft
    Source: BeachesMLS #RX-11067097 Report a problem
    4/8/2025Contingent$599,996$351/sqft
    Source: Illustrated Properties #R11067097 Report a problem
    4/2/2025Price change$599,996-1.6%$351/sqft
    Source: BeachesMLS #RX-11067097 Report a problem
    3/15/2025Listed for sale$609,500+50.5%$357/sqft
    Source: BeachesMLS #RX-11067097 Report a problem
    3/11/2019Sold$405,000-3.6%$237/sqft
    Source: BeachesMLS #R10487425 Report a problem
    12/11/2018Price change$419,950+3.5%$246/sqft
    Source: Signature Properties of the Palm Beaches LLC #RX-10487425 Report a problem
    11/9/2018Price change$405,779-2.2%$238/sqft
    Source: Jupiter Lighthouse Realty Inc #RX-10474467 Report a problem
    10/21/2018Listing removed$3,800-5%$2/sqft
    Source: Jupiter Lighthouse Realty Inc #RX-10471432 Report a problem
    10/10/2018Listed for rent$4,000+56.9%$2/sqft
    Source: Jupiter Lighthouse Realty Inc #RX-10471432 Report a problem
    9/23/2018Price change$415,000-0.7%$243/sqft
    Source: Jupiter Lighthouse Realty Inc #RX-10456891 Report a problem
    9/22/2018Price change$418,000-0.2%$245/sqft
    Source: Jupiter Lighthouse Realty Inc #RX-10456891 Report a problem
    8/18/2018Price change$419,000-2.3%$245/sqft
    Source: Jupiter Lighthouse Realty Inc #RX-10456891 Report a problem
    5/20/2018Price change$429,000-2.3%$251/sqft
    Source: RE/MAX Ocean Properties #RX-10404456 Report a problem
    2/9/2018Listed for sale$439,000$257/sqft
    Source: RE/MAX Ocean Properties #RX-10404456 Report a problem
    1/2/2018Listing removed$439,000$257/sqft
    Source: RE/MAX OCEAN PROPERTIES #RX-10376831 Report a problem
    10/27/2017Listed for sale$439,000+65.2%$257/sqft
    Source: Re/Max Ocean Properties #RX-10376831 Report a problem
    9/26/2017Listing removed$2,550$1/sqft
    Source: RE/MAX OCEAN PROPERTIES #RX-10047823 Report a problem
    7/8/2017Listed for rent$2,550+2%$1/sqft
    Source: Re/Max Ocean Properties #RX-10047823 Report a problem
    5/18/2016Listing removed$2,500$1/sqft
    Source: RE/MAX Ocean Properties #RX-10047823 Report a problem
    1/6/2016Listed for rent$2,500$1/sqft
    Source: RE/MAX Ocean Properties #RX-10047823 Report a problem
    10/13/2015Listing removed$2,500$1/sqft
    Source: RE/MAX Ocean Properties #RX-10047823 Report a problem
    3/19/2015Price change$2,500+13.6%$1/sqft
    Source: RE/MAX OCEAN PROPERTIES #RX-10047823 Report a problem
    6/10/2014Listed for rent$2,200$1/sqft
    Source: Zillow Rental Network Report a problem
    4/17/2014Listing removed$2,200$1/sqft
    Source: RE/MAX OCEAN PROPERTIES #RX-9989957 Report a problem
    6/2/2004Sold$265,800$156/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,396 +7.4%$509,607 +10%
    2024$8,747 +4.5%$463,279 +10%
    2023$8,368 +11.8%$421,163 +10%
    2022$7,486 +6.5%$382,875 +10%
    2021$7,030 +8.2%$348,068 +9.3%
    2020$6,499 +2.8%$318,403 +4.1%
    2019$6,321 $305,847 +3.3%
    2018$6,321 +5.6%$296,156 -6.4%
    2017$5,986 -6.7%$316,392 +12.3%
    2016$6,416 +7.8%$281,628 -0.6%
    2015$5,950 +3.8%$283,304 +10%
    2014$5,735 +9%$257,549 +10%
    2013$5,261 +7.1%$234,135 +9.2%
    2012$4,912 +4.8%$214,371 +7.4%
    2011$4,685 -0.8%$199,607 -0.1%
    2010$4,721 +25.2%$199,785 -3.3%
    2009$3,772 -13.8%$206,571 -18%
    2008$4,374 -2.6%$251,937 +3%
    2007$4,493 -5.4%$244,599 +2.5%
    2006$4,750 $238,633 +3%
    2005-- $231,683 +647.4%
    2004$264 $31,000
    Find assessor info on the county website

    Neighborhood: Magnolia Bay

    Nearby homes

    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
    $581,700
    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
    $581,700

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