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Gated Community · Greenacres, FL
Magnolia Bay Condomimium is a gated community in Greenacres, Palm Beach County, Florida. Active listings are priced from $265,800 to $279,000.
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Market Overview
There are 5 active listings for sale in Magnolia Bay Condomimium right now. The median list price is $281,500, or about $202 per square foot. Listings span $265,800 to $315,400, so there is inventory across most budgets. Homes are averaging 31 days on market. These figures update from the MLS as the market moves.
Magnolia Bay Condomimium Market Stats
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About Magnolia Bay Condomimium
Magnolia Bay Condomimium is a gated community in Greenacres, Palm Beach County, Florida. Active listings are priced from $265,800 to $279,000. Homes were built starting 2005. Pure Equity Realty lists homes in Magnolia Bay Condomimium for 1% commission and represents buyers at no cost.
Homes & Architecture
Homes for sale in Magnolia Bay Condomimium offer 2 to 3 bedrooms and 2 to 2.5 baths. Living areas run from about 1,036 to 1,954 square feet. The mix here includes townhouse and condo homes. Current prices run from $265,800 to $315,400. The homes on the market were built between 2004 and 2005.
Amenities & Lifestyle
The community is gated, with controlled access at the entrance.
Location
Magnolia Bay Condomimium is located in Greenacres, part of Palm Beach County, Florida. The Greenacres area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.
Buying in Magnolia Bay Condomimium
Buying in Magnolia Bay Condomimium follows the same path as the rest of Palm Beach County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Ask for the association's governing documents, budget, and reserve study before you write an offer. Association fees, any club or membership costs, and rules on rentals, pets, and leasing vary by community and materially affect the true cost of ownership. Property taxes factor into the monthly payment: the median annual property tax in Palm Beach County is about $3,600. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Greenacres means you see new listings in Magnolia Bay Condomimium the day they reach the market.
Selling in Magnolia Bay Condomimium
A successful sale in Magnolia Bay Condomimium comes down to pricing, presentation, and marketing. List prices in Magnolia Bay Condomimium currently center around $281,500, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Buyers in an association community also want to see the HOA or condo docs, the reserve study, and any pending or special assessments up front, so having those ready before you list avoids delays once you are under contract. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Magnolia Bay Condomimium owners in Greenacres, so you can see what your property could sell for before you commit to listing.
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