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$615,000
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Property Description
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.
Full Property Details
Full Property Details for 5023 Magnolia Bay Cir
General
- Sold For: $615,000
- HOA FEE: $421
- Taxes: $2,713 (2024)
- Status: Closed
- Type: Single Family
- Source: Regional
- MLS ID: R11076721
- Added to Site: 332 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Main Level Primary
- Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Clubhouse, Playground, Pool, Tennis Court(s)
- Pool: Yes
- Pool Description: Association
- Security/Safety: Gated Community, Smoke Detector(s)
Exterior
- Exterior Features: Outdoor Living Area
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached, Garage
Location
- County: Palm Beach
- Subdivision: MAGNOLIA BAY
- Driving Directions: Military Trail to entrance of Magnolia Bay on West side of the street
- Direction Faces: East
Community
- Community Name: 5320
- Association: Yes
- Assoc. Fees Include: Cable TV, Maintenance Grounds, Trash, Internet
- Units Assoc/Comm: 187
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Utility Description: Water Available
Structural Information
- Builder: DiVosta Homes
- Construction: Block, Concrete
- Roof: Spanish Tile
- Windows: Blinds
- Stories/Levels: 1
- Building Size: 2149
- Square Feet: 1,708
- Living Area: 1,708 Sq. Ft.
- Year Built: 2004
- Property Condition: Resale
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Street Lights: Yes
- Lot Features: 1/4 Acre
- Zoning: RL3(ci
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Association Fee: $421
- Tax Amount: $2,713
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: MAGNOLIA BAY LT 148
- Property ID: 52424125090001480
Listed by Luxury Real Estate Group LLC
Sold by Donohue Real Estate, LLC
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Schools
Schools serving 5023 Magnolia Bay Cir
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
William T. Dwyer High School 13601 North Military Trail, Palm Beach Gardens, FL 33410 | 9-12 | 0.5 mi |
Marsh Pointe Elementary School 12649 Ibiza Drive, Palm Beach Gardens, FL 33418 | K-5 | 1.7 mi |
Watson B. Duncan Middle School 5150 117th Court North, Palm Beach Gardens, FL 33418 | 6-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5023 Magnolia Bay Cir
Date
Details
Price
Change
Source
8/29/2025
Sold
$615,000
-5.38%
MLS
5/05/2025
Price Reduced
$650,000
-4.4%
MLS
4/19/2025
Price Reduced
$679,900
-2.59%
MLS
3/31/2025
Listed
$698,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418 (MLS# R11076721) is a Single Family property that was sold at $615,000 on August 29, 2025. Want to learn more about 5023 Magnolia Bay Circle? Do you have questions about finding other Single Family real estate for sale in Palm Beach Gardens? You can browse all Palm Beach Gardens real estate or contact a Coldwell Banker agent to request more information.

