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5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418
Sold
93 Days on Market
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$615,000

Sold · August 29, 2025

5023 Magnolia Bay Circle

Palm Beach Gardens, FL 33418

MAGNOLIA BAY

Explore the area: Palm Beach Gardens homes for sale · Palm Beach County real estate

What this home sold for

Sold price
$615,000
Vs. list price
5.4% under
Days on market
93
Price per sq ft
$360

This 2-bedroom single-family home in ZIP 33418 sold for $615,000 on August 29, 2025. That was 5.4% below its final list price of $650,000. It first came on the market at $698,000, so the price was adjusted before it sold. It spent 93 days on the market.

2
Bedrooms
2
Bathrooms
1,708
Living Sq Ft
2004
Year Built

Listing Snapshot

Sold Price
$615,000
Sold On
August 29, 2025
Days on Site
93 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,708 sqft
Total Sq Ft
2,149 sqft
Lot Size
0.11 Acres
Year Built
2004
Property Type
Single Family
MLS #
R11076721
Property Tax
$2,713 (2024)
HOA Fees
$421
Subdivision
MAGNOLIA BAY
Development
MAGNOLIA BAY
County
Palm Beach
Status
Sold
Special Conditions
Listed As Is

About This Property

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.

MLS media link

General Features

Property Type
Single Family
Status
Sold
Year Built
2004
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
2
Attached Garage
Yes
Parking
Attached / Garage
Direction Faces
East
Lot Size (Acres)
0.11
Living Sq Ft
1,708
Total Sq Ft
2,149
Zoning
RL3(ci

Interior Features

Appliances
Dryer / Dishwasher / Electric Water Heater / Disposal / Microwave / Refrigerator / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Wood
Interior Features
Breakfast Area / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Eat In Kitchen / Main Level Primary
Laundry
Inside
Windows
Blinds
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
5
Furnished
Furnished

Exterior Features

Construction
Block / Concrete
Roof
Spanish Tile
Exterior Features
Outdoor Living Area
Pool Features
Association
Lot Features
Less Than Quarter Acre
Waterfront
Yes
View
Lake

Community & HOA

HOA Fee
$421
HOA Includes
Cable Tv / Maintenance Grounds / Trash / Internet
Association Amenities
Clubhouse / Playground / Pool / Tennis Courts
Community Features
Home Owners Association / Gated / Street Lights
Security
Gated Community / Smoke Detectors
Utilities
Water Available
Pets Allowed
Breed Restrictions / Pet Restrictions
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Buyer Approval Required / No Lease2nd Year Owned / Rental Restriction
MLS Area
5320

Browse Palm Beach Gardens homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Palm Beach Gardens includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Palm Beach Gardens listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
600
Under Contract
228
Median List Price
$862,990
Median Sale Price (September)
$783,800
Median $/Sq Ft
$415
Avg Days on Market
99
View all 600 homes for sale in Palm Beach Gardens →
How do I schedule a tour of 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418?
Use the Tour button on this listing to request a showing of 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418 still available?
5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418 is currently listed as Sold, and has been on the market 93 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418?
With 20% down ($130,000) on the $650,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418 is about $3,416/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418 have an HOA fee?
Yes: 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418 carries an HOA fee of about $421 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418?
Often, yes. The right offer on 5023 Magnolia Bay Circle, Palm Beach Gardens, FL 33418 depends on how it's priced against comparable single family sales in Palm Beach Gardens, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Luxury Real Estate Group LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

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Listed by Camila Visser, Luxury Real Estate Group LLC

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