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Sold for $585,000
    • $585,000

    5063 Magnolia Bay Circle, Palm Beach Gardens, FL 33418

    2beds
    1,554sqft
    Villa
    Built in 2004
    4,765 Square Feet Lot
    $588,900 Zestimate®
    $376/sqft
    $3,286 Estimated rent

    Home value

    $588,900

    $530,000 - $654,000

    $3,286/mo

    Zestimate® history
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    What's special

    Prime lakefront locationPeaceful lake viewsSeparate large laundry roomAmple storageFull accordion hurricane shuttersOversized screened-in west-facing patio
    Serene Lakeside Living in Magnolia Bay * Welcome to your dream home in the heart of Palm Beach Gardens! * Situated in the highly sought-after, gated community of Magnolia Bay, this beautifully maintained DiVosta-built Capri model villa offers the perfect blend of luxury, comfort, and security. Key Features: • Prime Lakefront Location: Enjoy peaceful lake views from your oversized, screened-in, west-facing patio—the perfect spot for evening relaxation. • Solid Construction & Security: Built with DiVosta's renowned poured solid concrete construction, this villa includes full accordion hurricane shutters for total peace of mind. • Spacious & Open Floor Plan: Featuring High cathedral ceilings in the living area create a bright, airy, and open feel. 2 en-suite bedrooms with large walk-in closets, this split-bedroom layout ensures maximum privacy " Upgraded & Turn-Key: Features a modern kitchen with white cabinets, ample storage, and a separate, large laundry room. " 2-Car Garage: Rare 2-car attached garage providing ample parking and storage. The Magnolia Bay Lifestyle: Magnolia Bay is a boutique, 187-home enclave that offers a serene lifestyle while being centrally located. Residents enjoy premium amenities, including a resort-style heated pool, two lighted tennis courts, a state-of-the-art fitness center, and a clubhouse that hosts active social events. Location, Location, Location: Located just off Military Trail in Palm Beach Gardens, you are minutes away from world-class shopping (Gardens Mall), top-rated restaurants, pristine beaches, championship golf, major highways (I-95/Turnpike), and Palm Beach International Airport. Don't miss this rare opportunity to own a meticulously crafted, lakefront villa in one of Palm Beach Gardens' most desirable, low-maintenance communities. Live The Good Life in Magnolia Bay Schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristine True 561-373-8822,

    Oceanfront Real Estate & Dev I,

    Kristian True 561-617-8783,

    Oceanfront Real Estate & Dev I

    Bought with:

    Kimiko Deguchi, 3073888

    One Sotheby's International Re

    Source: BeachesMLS,MLS#: R11159495MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Dining Room, Florida Room
    Primary bedroom
    • Level: Main
    • Area: 195
    • Dimensions: 15 X 13
    Bedroom 2
    • Level: Main
    • Area: 180
    • Dimensions: 15 X 12
    Kitchen
    • Level: Main
    • Area: 140
    • Dimensions: 14 X 10
    Living room
    • Level: Main
    • Area: 288
    • Dimensions: 18 X 16
    Utility room
    • Level: Main
    • Area: 66
    • Dimensions: 11 X 6
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside, Laundry Tub
    Features
    • Breakfast Bar, Built-in Features, Closet Cabinetry, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Main Level Primary, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile
    • Windows: Blinds, Double Hung, Metal
    Interior area
    • Total structure area: 2,149
    • Total interior livable area: 1,554 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Covered, Patio, Screened
    • 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: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
    Details
    • Parcel number: 52424125090001040
    • Zoning: RL3(ci
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Villa
    Materials
    • Concrete
    • Roof: Barrel
    Condition
    • Resale
    • New construction: No
    • Year built: 2004
    Details
    • 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, Street Lights
    • Security: Security System, Gated Community, Smoke Detector(s)
    • Subdivision: MAGNOLIA BAY
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Picnic Area, Playground, Pool, Sidewalks, Tennis Court(s), Trail(s)
    • Services included: Common Areas, Maintenance Grounds, Security
    • HOA fee: $441 monthly
    • HOA phone: 561-250-6565
    Location
    • Region: Palm Beach Gardens

    Financial & listing details

    • Price per square foot: $376/sqft
    • Tax assessed value: $517,372
    • Annual tax amount: $4,981
    • Date on market: 1/31/2026
    • Cumulative days on market: 85 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/10/2026Sold$585,000-3.3%$376/sqft
    Source: BeachesMLS #R11159495 Report a problem
    4/7/2026Price change$605,000-2.3%$389/sqft
    Source: BeachesMLS #R11159495 Report a problem
    1/31/2026Listed for sale$619,000+3.2%$398/sqft
    Source: BeachesMLS #RX-11159495 Report a problem
    12/20/2024Sold$600,000-3.2%$386/sqft
    Source: BeachesMLS #R10969415 Report a problem
    12/3/2024Contingent$619,900$399/sqft
    Source: Illustrated Properties #R10969415 Report a problem
    12/3/2024Listed for sale$619,900$399/sqft
    Source: BeachesMLS #RX-10969415 Report a problem
    12/3/2024Pending sale$619,900$399/sqft
    Source: BeachesMLS #RX-10969415 Report a problem
    11/22/2024Listed for sale$619,900$399/sqft
    Source: Illustrated Properties #R10969415 Report a problem
    11/8/2024Contingent$619,900$399/sqft
    Source: Illustrated Properties #R10969415 Report a problem
    10/4/2024Price change$619,900-1.6%$399/sqft
    Source: BeachesMLS #RX-10969415 Report a problem
    9/7/2024Listing removed$3,000$2/sqft
    Source: BeachesMLS #R11012452 Report a problem
    8/14/2024Listed for rent$3,000-14.3%$2/sqft
    Source: BeachesMLS #R11012452 Report a problem
    4/11/2024Price change$629,900-3.1%$405/sqft
    Source: BeachesMLS #RX-10969415 Report a problem
    3/18/2024Listed for sale$649,900+113.1%$418/sqft
    Source: BeachesMLS #RX-10969415 Report a problem
    3/11/2024Listing removed--
    Source: BeachesMLS #R10922862 Report a problem
    9/27/2023Listed for rent$3,500$2/sqft
    Source: BeachesMLS #R10922862 Report a problem
    10/15/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    8/11/2022Listed for rent$3,500+16.7%$2/sqft
    Source: Zillow Rental Network_1 #R10823918 Report a problem
    12/31/2020Listing removed--
    Source: BeachesMLS Report a problem
    5/20/2019Listed for rent$3,000-14.3%$2/sqft
    Source: CENTURY 21 Tenace Realty #rx-10531357 Report a problem
    2/27/2019Listing removed$3,500$2/sqft
    Source: CENTURY 21 Tenace Realty #RX-10390057 Report a problem
    1/17/2018Price change$3,500-12.5%$2/sqft
    Source: CENTURY 21 Tenace Realty #RX-10390057 Report a problem
    12/29/2017Listed for rent$4,000$3/sqft
    Source: Zillow Rental Network Report a problem
    11/30/2007Sold$305,000+10.9%$196/sqft
    Source: Public Record Report a problem
    6/11/2004Sold$274,900$177/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,981 +10.7%$305,085 +9.7%
    2024$4,498 +2.2%$278,131 +3%
    2023$4,402 +0.6%$270,030 +3%
    2022$4,374 -0.5%$262,165 +3%
    2021$4,395 +0.8%$254,529 +1.4%
    2020$4,358 +1.4%$251,015 +2.3%
    2019$4,296 $245,371 +1.9%
    2018$4,296 +5.2%$240,796 +2.1%
    2017$4,084 0%$235,843 +2.1%
    2016$4,084 +0.1%$230,992 +0.7%
    2015$4,082 -3%$229,386 +0.8%
    2014$4,210 +1.1%$227,565 +1.5%
    2013$4,165 +0.3%$224,202 +1.7%
    2012$4,151 +3.4%$220,454 +4.9%
    2011$4,014 -0.6%$210,131
    2010$4,038 +5.3%$210,131 +0.3%
    2009$3,833 -23.5%$209,460 -26.4%
    2008$5,012 -21.2%$284,639 -10%
    2007$6,362 -7.9%$316,120 0%
    2006$6,905 $316,173 +31.6%
    2005-- $240,225 +674.9%
    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
    $588,900
    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
    $588,900

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