$965,000
SOLD SEP 9, 2025

5129 Magnolia Bay Cir Palm Beach Gardens, FL 33418

Palm Beach Gardens North Neighborhood
3 Beds
2 Baths
2,023 Sq Ft
0.33 Acres

Recently Sold

$477 Per Sq Ft

6% Below List Price

83 Days on Market

Highlights

  • Lake Front
  • Saltwater Pool
  • Clubhouse
  • William T. Dwyer High School Rated A-
  • Gated Community
  • Roman Tub

About This Home

As of September 2025

Welcome to this beautifully updated DiVosta-built home in the highly sought-after gated community of Magnolia Bay in Palm Beach Gardens! This 3-bedroom, 2-bath home offers 2,023 sq ft of comfortable, stylish living on an oversized lot with tranquil lake views. Enjoy Florida living at its best with a heated pool and screened enclosure, perfect for entertaining or relaxing in privacy. Inside, you'll find a fully updated kitchen and bathrooms, a spacious laundry room, and a two-car garage with epoxy flooring. The split-bedroom floor plan adds flexibility and privacy, ideal for families or guests. Built in 2004 with DiVosta's renowned quality, this home is located in a community that features a clubhouse, tennis courts, resort-style pool, exercise room, and beautifully maintained grounds.

Last Agent to Sell the Property

George Lubeck

Lubeck Realty Group Inc License #3446742 Listed on: 05/30/2025

Co-Listed By

Nancy Lubeck

Lubeck Realty Group Inc License #0627218

Last Buyer's Agent

Susan Chambers

Waterfront Properties & Club C License #3047766

Waterfront Properties & Club C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,596

Year Built

  • Built in 2004

Lot Details

  • 0.33 Acre Lot
  • Lake Front
  • Sprinkler System
  • Property is zoned RL3(ci

HOA Fees

  • $464 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 2,023 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Den
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Pool

  • Saltwater Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

  • Marsh Pointe Elementary School
  • Watson B. Duncan Middle School
  • William T. Dwyer High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52424125090000410

Community Details

Overview

  • Association fees include management, common areas, cable TV, ground maintenance, recreation facilities, reserve fund, security
  • Built by DiVosta Homes
  • Magnolia Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,596

Year Built

Built in 2004

Lot Details

0

HOA Fees

$464 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA Blvd to Military Trail. North to Entrance of Magnolia Bay on the West Side of Military Trail. Call Box for Gate Entry.
  • Year Built: 2004
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Entrance Foyer, Family/Dining Room, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2023.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Screen Enclosure, Salt Water, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Builder Name: DiVosta Homes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Security Gate, Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 464.0
  • Community Features: Clubhouse, Gated, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Other, Recreation Facilities, Reserve Fund, Security

Schools

  • Elementary School: Marsh Pointe
  • High School: William T. Dwyer
  • Middle Or Junior School: Watson B. Duncan

Lot Info

  • Parcel #: 52424125090000410
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 14350.0
  • Zoning Description: RL3(ci

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7596.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2014
Closed on
Mar 4, 2015
Sold by
Heiman Alan E and Heiman Carol
Bought by
Modecki Carl
Seller's Agent
Jeff Lichtenstein
Echo Fine Properties
Buyer's Agent
Catherine Morse
Lang Realty, Inc
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$310,000
Outstanding Balance
$115,599
Interest Rate
3.74%
Mortgage Type
Credit Line Revolving
Estimated Equity
$868,746

Purchase Details

Closed on
Aug 20, 2004
Sold by
Divosta Homes Lp
Bought by
Heiman Alan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 None Available
Special Warranty Deed $388,460 American Title Of The Palm B
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 Credit Line Revolving
Previous Owner $295,740 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $225,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Sold $965,000 -3.3% $477 / Sq Ft
08/22/2025 08/22/25 Pending -- -- --
06/26/2025 06/26/25 Price Changed $997,500 -2.7% $493 / Sq Ft
05/31/2025 05/31/25 For Sale $1,025,000 +105.0% $507 / Sq Ft
03/04/2015 03/04/15 Sold $500,000 -13.0% $225 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
10/12/2014 10/12/14 For Sale $575,000 -- $259 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

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
2024 $7,596 $445,873 -- --
2023 $7,452 $432,886 $0 $0
2022 $7,428 $420,278 $0 $0
2021 $7,479 $408,037 $0 $0
2020 $7,423 $402,403 $0 $0
2019 $7,326 $393,356 $0 $0
2018 $7,003 $386,022 $0 $0
2017 $6,978 $378,082 $0 $0
2016 $6,986 $370,306 $0 $0
2015 $8,648 $398,489 $0 $0
2014 $6,943 $352,321 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    George Lubeck

    Lubeck Realty Group Inc

    (561) 845-1300

    2 in this area

    55 Total Sales

    George Lubeck
    Section Image

  • N

    Seller Co-Listing Agent in 2025

    Nancy Lubeck

    Lubeck Realty Group Inc

    (561) 762-2521

    1 in this area

    19 Total Sales

    Nancy Lubeck
    Section Image

  • S

    Buyer's Agent in 2025

    Susan Chambers

    Waterfront Properties & Club C

    (561) 523-1146

    1 in this area

    7 Total Sales

    Susan Chambers
    Section Image
  • Jeff Lichtenstein

    Seller's Agent in 2015

    Jeff Lichtenstein

    Echo Fine Properties

    (561) 346-8383

    18 in this area

    998 Total Sales

    Jeff Lichtenstein
    Section Image

  • C

    Buyer's Agent in 2015

    Catherine Morse

    Lang Realty, Inc

See All Agents

Map

Source: BeachesMLS

MLS Number: R11095176

BeachesMLS

APN: 52-42-41-25-09-000-0410

Florida Palm Beach County Palm Beach Gardens 33418 Palm Beach Gardens North

5129 Magnolia Bay Cir, Palm Beach Gardens, FL

This home is located at 5129 Magnolia Bay Cir, Palm Beach Gardens, FL 33418 and is currently priced at $965,000, approximately $477 per square foot. This property was built in 2004. 5129 Magnolia Bay Cir is a home located in Palm Beach County with nearby schools including William T. Dwyer High School, Marsh Pointe Elementary School, and Watson B. Duncan Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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