Townhouse in 517 5th Lane, Greenacres, FL 33463 with MLS# B26036138

Opportunity is knocking at 517 5th Lane! This spacious 3-bedroom, 3-bathroom townhome offers nearly 1,500 square feet of living space and is priced to sell making it one of the most affordable opportunities in the area. Whether you're a first-time buyer looking to build instant equity, an investor searching for your next project, or someone ready to customize a home to fit your style, this property delivers incredible potential. This gives you the chance to create value from day one. Inside, you'll find a functional floor plan with a generous living space, three full bathrooms, and plenty of room to make it your own. Outside, enjoy the benefits of an affordable HOA that includes valuable community amenities while helping keep monthly expenses manageable. Conveniently located near shopping, dining, parks, schools, major highways, and everything Palm Beach County has to offer, this is the type of opportunity that doesn't stay available for long. Bring your vision, your contractor, or your Pinterest board and unlock the potential of this hidden gem. Schedule your private showing today!

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Days on the market

517 5th Lane, Greenacres, FL 33463

Price
Price:
$275,000.00
Original List Price:
$275,000.00
List Price per Sq Ft (Calculated, Approx.):
$184.81
Close Price:
$287,000.00
Transaction closed on:
July 10, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Contingency:
Pending
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Townhouse
Description of Last Important Update:
Status Change
Last Major Update on:
July 20, 2026 3:41 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
3
Full Bath:
3
Room Type:
Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
Master Bdrm - Upstairs, Separate Shower, Dual Sinks
Dining Area:
Snack Bar/counter, Eat-in Kitchen, Kitchen Dining
Measures
Living Area:
1,488 Sqft
Built-Up Area:
1,488 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.04
Property Features
Waterfront:
No
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Water Heater, Tankless Water Heater
Exterior:
Courtyard
Laundry:
In Bathroom
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Fence:
Wood, Fenced
Property Entrance Faces:
West
Unit Description:
Corner/end Unit
Construction
Year Built:
1981
Roof:
Flat, Shingle
Year Roof Installed:
2021
Levels:
Two
Construction Materials:
Pre-cast Concrete Construction
Flooring:
Carpet, Tile
Number of stories:
1
Structure Type:
Townhouse
Stories:
2
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$2,948.24
Tax Year:
2025
Tax Assessed Value:
$179,038.00
Association Fee:
$464.18
Association Fee Frequency:
Monthly
Property Tax Details:
Homestead Exemption
Parking
Parking Total Spaces:
2
Covered Spaces:
0
Parking Features:
Assigned, Guest, Concrete
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Available
Water Source:
Public
Community
Association
Membership Details:
No Membership Available
Association Membership:
Mandatory
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval, Association Approval Required
Association Type:
Homeowner Association
Pets Allowed?:
Yes, There is a limit on the number of pets allowed, Dogs Ok, Cats Ok, Pet Restrictions Possible
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Pool, Tennis Court(s), Basketball Court
Subdivision Name:
SHERWOOD LAKES
Association Fee Includes:
Maintenance Grounds, Insurance, Roof Repairs
Association Name:
Sherwood Lakes Homeowner's Association
Senior Community:
No
Restrictions:
Buyer Approval Required, Lease Restrictions
Minimum Days per Lease:
365
Leasing Permitted
Leasing Permitted Details:
Okay To Lease With Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
SHERWOOD LAKES LOT 17 UNIT C
Real Estate Folio Number (Parcel Number):
18424426080000173
Zoning:
RM-2 (city)
Public Schools Assigned
Elementary School:
Lake Manatee K-8
High School:
Santaluces
Middle Or Junior School:
L. C. Swain
Listing History
Active on the market since:
June 3, 2026
Listing Agreement executed on:
June 2, 2026
Purchase Contract Date:
June 8, 2026
Listing Status Last Changed On:
July 20, 2026 3:40 am
Photos updated on:
June 3, 2026 3:51 am
Last Modified:
July 20, 2026 3:41 am
Additional Information
Courtesy of:
Southern Select Realty
Attribution:
todd@ssr-fl.com
Location
Floor Number:
1
Street Name:
5th
Street Number:
517
City:
Greenacres
State:
Florida
Zip Code:
33463
County:
Palm Beach
Latitude:
N26° 36' 47.9''
Longitude:
W81° 51' 58.1''
Street Suffix:
Lane
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $68,697
Median Home Value $326,600
Median Rent $1,721/mo
Median Age 37
Population 64,916

Air Quality

Source: AirNow.gov · West Palm Beach

🌬️ Air Quality Index (AQI) 47 Good
☀️ O3 22 Good
🫁 PM2.5 47 Good
💨 PM10 22 Good
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