Property Detail
Location Address : 5119 MAGNOLIA BAY CIR
Municipality : PALM BEACH GARDENS
Parcel Control Number : 52-42-41-25-09-000-0460
Subdivision : MAGNOLIA BAY
Official Records Book/Page : 36293 / 1572
Sale Date : 01/29/2026
Legal Description : MAGNOLIA BAY LT 46
Owner Information
Owner(s) Mailing Address
EQUITY TRUST CO CUSTODIAN FBO
FRANK GERARDI IRA
13305 MACHIAVELLI WAY
PALM BEACH GARDENS FL 33418 6197
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
01/29/2026 $900,000 36293 / 01572 WARRANTY DEED EQUITY TRUST CO CUSTODIAN FBO
12/06/2021 $750,000 33138 / 00187 WARRANTY DEED POLSINELLI GARY A &
01/11/2016 $10 28054 / 00858 WARRANTY DEED BROWN KENNETH C &
11/07/2014 $452,000 27157 / 01627 WARRANTY DEED BROWN KENNETH C &
08/25/2004 $369,790 17457 / 00262 WARRANTY DEED ARITA CHARLES M &
Exemption Information
Applicant/Owner(s) Year Detail
POLSINELLI GARY A & 2026 HOMESTEAD
POLSINELLI GARY A & 2026 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $389,937 $380,242 $380,508 $403,430 $334,156
Land Value $357,500 $357,500 $357,500 $346,750 $275,000
Total Market Value $747,437 $737,742 $738,008 $750,180 $609,156
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $520,949 $507,253 $492,957 $478,599 $464,659
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $469,538 $456,531 $442,957 $428,599 $414,659
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $8,565 $8,350 $8,106 $7,964 $7,951
NON AD VALOREM $368 $349 $334 $320 $311
TOTAL TAX $8,932 $8,698 $8,441 $8,284 $8,262
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov