$875,000
●
House -
Off Market
4905 Grassleaf Drive
Palm Beach Gardens, FL 33418
3 Beds
2 Baths
2,221 Ft²
$5,487
Est. Monthly
$438
HOA / Fees
About This Property
Experience the pinnacle of luxury living in the prestigious gated
community of Magnolia Bay, located in Palm Beach Gardens. This
stunning, fully renovated Oakmont model sits on a large lot,
completely renovated, surrounded with lush landscaping, outside
kitchen offers unmatched privacy and charm. With resort-style
amenities, including a community pool, clubhouse, fitness center,
and tennis courts, plus the benefit of a low HOA, this home has it
all.
Step into your own private oasis, complete with a sparkling pool overlooking breathtaking lake views and a brand-new outdoor kitchen, perfect for both relaxation and entertaining.
Priced to sell! Enjoy an exceptional location where you can ride your bike to the beach, and easily access top-rated schools, fine dining, shopping.
Step into your own private oasis, complete with a sparkling pool overlooking breathtaking lake views and a brand-new outdoor kitchen, perfect for both relaxation and entertaining.
Priced to sell! Enjoy an exceptional location where you can ride your bike to the beach, and easily access top-rated schools, fine dining, shopping.
Unit Size
2,221 Ft²
Days on Market
72 days
Land Size
0.18 acres
Price per sqft
$403
Property Type
House
Property Taxes
$654
HOA Dues
$438
Year Built
2004
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Beaches MLS #R11018768)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | Listed by The Corcoran Group | $895,000 | |
| Listed by The Corcoran Group | |||
| | |||
|
Experience the pinnacle of luxury living in the prestigious gated community of Magnolia Bay, located in Palm Beach Gardens. This stunning, fully renovated Oakmont model sits on a large lot, completely renovated, surrounded with lush landscaping, outside kitchen offers unmatched privacy and charm. With resort-style amenities, including a community pool, clubhouse, fitness center, and tennis courts, plus the benefit of a low HOA, this home has it all.Step into your own private oasis, complete with a sparkling pool overlooking breathtaking lake views and a brand-new outdoor kitchen, perfect for both relaxation and entertaining. Priced to sell! Enjoy an exceptional location where you can ride your bike to the beach, and easily access top-rated schools, fine dining, shopping.
| |||
| Mar 23, 2015 | Sold | ||
| Sold | |||
| Jan 3, 2015 | Listed by The Corcoran Group | $464,900 | |
| Listed by The Corcoran Group | |||
| Jul 1, 2004 | Sold | ||
| Sold | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Magnolia Bay
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Listed by: Miriam Jesselli
The Corcoran Group
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R11018768
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
The Corcoran Group
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R11018768
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