Magnolia Bay Condomimium Homes for Sale

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 lists homes in Magnolia Bay Condomimium and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Magnolia Bay Condomimium and the Greenacres area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 4 Magnolia Bay Condomimium Greenacres homes for sale as of October 2026. The median asking price is $279,000. Asking prices run from $266,000 to $315,000.

That is 14% above the Greenacres median of $245,000. On a per-foot basis, homes here ask about $205 per square foot, roughly in line with the city at $212. So the median price buys roughly 1,350 square feet of living area.

Listings here have averaged 141 days on the market. That is slower than the Greenacres average of 97 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Magnolia Bay Condomimium date from 2005, so they are about 21 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Magnolia Bay Condomimium is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Here is what the median Magnolia Bay Condomimium price means in Florida closing terms. At $279,000, a 20% down payment comes to about $56,000, leaving a loan near $223,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $780. Next, the intangible tax of 0.2% adds about $446. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Magnolia Bay Condomimium median, that is about $1,950.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Magnolia Bay Condomimium listings show assignments to Liberty Park (Palm Beach) (elementary), Okeeheelee (middle) and Dr. Joaquin Garcia (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.