1937 S Olive Ave Unit MAGNOLIA COURT West Palm Beach, FL 33401
El Cid NeighborhoodEstimated payment $8,444/month
Highlights
- Outdoor Pool
- Wood Flooring
- Attached Garage
- Palm Beach Public School Rated A-
- Balcony
- 4-minute walk to Flamingo Park
About This Home
Magnolia Court is situated within the Historic District adjacent to the esteemed El Cid neighborhood. The practical design of ''Azalea Line'' represents one of two original model units and is one of two residences in Magnolia Court featuring an unobstructed western view of the alle, offering an abundance of natural afternoon sunlight on the second and third floors. This elegant townhome, designed in British West Indies style, is located just steps away from Palm Beach Day School, The Green School, the Norton Museum, Hive, as well as various shops and restaurants. It sits one block from the Intracoastal Concourse, with Palm Beach Island only a 15-minutes' drive, Palm Beach Airport 10 minutes' drive, and Wellington 20 minutes' drive. The entry foyer features a 10-foot ceiling and opens to a versatile room with a bay window, suitable as a bedroom or home office. French doors allow it to function as a private guest suite or office. The space also includes a full bathroom, laundry closet with new LG washer and dryer, updated 50-gallon gas water heater, and access to a two-car garage with storage and a utility closet. The second floor is ideal for entertaining with 10-foot ceilings, an open living area, discreet powder room, dining space, and an upgraded kitchen that includes stainless steel appliances Bosch induction stove and an LG fridge. Features also include thick quartz countertops, sunken panel cabinets, a walk-in pantry, and a bar closet. The third floor offers two large en-suite bedrooms for privacy. The main suite has vaulted pickled cypress ceilings, a spa-style bathroom with double vanity, jetted tub, smart TOTO toilet, glass shower, and spacious walk-in dual closets. A sunny balcony overlooks El Cid, perfect for morning coffee. Walkways with hibiscus, bougainvillea, and magnolia trees lead to the HOA pool area, which includes cabanas and an outdoor grilling space perfect for al fresco entertaining. Bromeliad-shaded paths are surrounded by tropical plants and classic fountains. The property offers hardwood floors, eight-foot solid-core doors, generous crown molding, premium hardware, and a recently upgraded variable speed HVAC system. It features CBS walls, hurricane impact glass, commercial-grade fire sprinklers, and a metal roof, making it perfect for those seeking a secure, lock-and-leave lifestyle.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $13,273
Year Built
- Built in 2002
Lot Details
- 1,307 Sq Ft Lot
- Home has East and West Exposure
Home Design
- Poured Concrete
- Metal Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,826 Sq Ft Home
- 3-Story Property
- Double Hung Windows
- Library
- Utility Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Home Security
Parking
- Attached Garage
- Garage Door Opener
Outdoor Features
- Outdoor Pool
- Balcony
Utilities
- Zoned Heating and Cooling
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 74434327760000580
Community Details
Overview
- 4 Units
- Magnolia Court Community
- Mandatory Home Owners Association
Recreation
- Community Pool
Pet Policy
- Pets Allowed with Restrictions
Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,273 | $700,850 | -- | -- |
| 2024 | $13,273 | $681,098 | -- | -- |
| 2023 | $12,958 | $661,260 | $0 | $0 |
| 2022 | $12,842 | $642,000 | $0 | $0 |
| 2021 | $9,982 | $450,000 | $0 | $450,000 |
| 2020 | $10,082 | $450,000 | $0 | $450,000 |
| 2019 | $10,177 | $450,000 | $0 | $450,000 |
| 2018 | $9,452 | $430,000 | $0 | $430,000 |
| 2017 | $9,341 | $420,000 | $0 | $0 |
| 2016 | $4,347 | $230,515 | $0 | $0 |
| 2015 | $4,433 | $228,913 | $0 | $0 |
| 2014 | $4,436 | $227,096 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $1,395,000 | -- | $764 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | Attorney | |
| Trustee Deed | $674,333 | Attorney | |
| Warranty Deed | $685,000 | -- | |
| Special Warranty Deed | $449,629 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $674,333 | Seller Take Back | |
| Previous Owner | $404,667 | No Value Available |
Source: Palm Beach Board of REALTORS®
MLS Number: 25-1720
APN: 74-43-43-27-76-000-0580
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