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
5119 MAGNOLIA BAY CIR
PALM BEACH GARDENS FL 33418 6735
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 2025 2024 2023 2022 2021
Improvement Value $380,242 $380,508 $403,430 $334,156 $309,160
Land Value $357,500 $357,500 $346,750 $275,000 $173,600
Total Market Value $737,742 $738,008 $750,180 $609,156 $482,760
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $507,253 $492,957 $478,599 $464,659 $323,348
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,500
Taxable Value $456,531 $442,957 $428,599 $414,659 $272,848
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $8,350 $8,106 $7,964 $7,951 $5,507
NON AD VALOREM $349 $334 $320 $311 $307
TOTAL TAX $8,698 $8,441 $8,284 $8,262 $5,814
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov