How do I schedule a tour of 516 5th Lane, Greenacres, FL 33463?

Use the Tour button on this listing to request a showing of 516 5th Lane, Greenacres, FL 33463. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 516 5th Lane, Greenacres, FL 33463 still available?

516 5th Lane, Greenacres, FL 33463 is currently listed as Active, and has been on the market 53 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 516 5th Lane, Greenacres, FL 33463?

With 20% down ($62,000) on the $310,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 516 5th Lane, Greenacres, FL 33463 is about $1,629/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 516 5th Lane, Greenacres, FL 33463?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 516 5th Lane, Greenacres, FL 33463. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 516 5th Lane, Greenacres, FL 33463 have an HOA fee?

Yes: 516 5th Lane, Greenacres, FL 33463 carries an HOA fee of about $464 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 516 5th Lane, Greenacres, FL 33463?

516 5th Lane, Greenacres, FL 33463 is zoned for Heritage (elementary), L. C. Swain (middle), Santaluces (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 516 5th Lane, Greenacres, FL 33463?

Often, yes. The right offer on 516 5th Lane, Greenacres, FL 33463 depends on how it's priced against comparable townhouse sales in Greenacres, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

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53 Days on Market

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$310,000

516 5th Lane

Greenacres, FL 33463

SHERWOOD LAKES

Explore the area: Greenacres homes for sale · Palm Beach County real estate

Price Check

How this price compares

List price: $310,000
Price per sq ft: $208
Vs. nearby sales: In line
Days on market: 53

This 3-bedroom townhouse in Sherwood Lakes is listed at $310,000, or $208 per square foot. The asking price has come down 4.6% from its original $325,000. It has been on the market for 53 days. The 6 most recent townhouse sales in the closings shown below sold at a median of $205 per square foot, so the asking price is in line with what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,488

Living Sq Ft

1981

Year Built

Estimated monthly payment

$1,629 /mo

Principal and interest only, based on $62,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $464/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $310,000
Days on Site: 53 Days
Bedrooms: 3
Total Baths: 3
Full Baths: 3
Partial Baths: 0
Living Area: 1,488 sqft
Total Sq Ft: 1,488 sqft
Year Built: 1981
Property Type: Townhouse
MLS #: A12075585
Property Tax: $2,948 (2025)
HOA Fees: $464 / Monthly
Subdivision: SHERWOOD LAKES
County: Palm Beach
Status: Active
Special Conditions: Listed As Is

About This Property

Discover the perfect blend of comfort, convenience, and community in this maintained, move in ready 3 bedroom, 3 full bathroom townhouse in the highly desirable, family friendly Sherwood Lakes community. Enjoy spacious living areas, a comfortable layout and fantastic amenities, including a swimming pool and tennis courts. The community is exceptionally well maintained and features newer roofs, 2 assigned parkings.

MLS media link

General Features

Property Type: Townhouse
Status: Active
Year Built: 1981
Property Condition: Resale
Number of Stories: 2
Levels: Two
Garage Spaces: 0
Parking: Guest
Living Sq Ft: 1,488
Total Sq Ft: 1,488
Structure Type: Townhouse

Interior Features

Appliances: Dryer / Dishwasher / Refrigerator / Washer
Cooling: Central Air
Heating: Electric
Flooring: Laminate
Interior Features: Main Level Primary / Upper Level Primary

Exterior Features

Construction: CBS Concrete Block Structure / Block
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association
Patio & Porch: Open / Patio / Balcony

Community & HOA

HOA Fee: $464 / Monthly
HOA Includes: Maintenance Grounds / Trash
Association Amenities: Pool / Tennis Courts
Community Features: Home Owners Association
Security: None
Pets Allowed: Yes
Financing Terms: Cash / Conventional / FHA
Restrictions: Ok To Lease
MLS Area: 5730

This home's HOA fee works out to $464 a month, in line with the $464 median across 8 homes for sale in Sherwood Lakes. See Sherwood Lakes HOA fees

Schools

Elementary School: Heritage
Middle School: L. C. Swain
High School: Santaluces

About the Community

Sherwood Lakes

View Community Details →

Sherwood Lakes is a community in Greenacres, Palm Beach County, Florida. Active listings are priced from $250,000 to $349,999. Homes were built between 1981 and 1982. Pure Equity lists homes in Sherwood Lakes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 8
Under Contract: 2
Median List Price: $321,495
Median $/Sq Ft: $216
Avg Days on Market: 53

View all 8 homes for sale in Sherwood Lakes →

Frequently Asked Questions

How do I schedule a tour of 516 5th Lane, Greenacres, FL 33463?: Use the Tour button on this listing to request a showing of 516 5th Lane, Greenacres, FL 33463. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 516 5th Lane, Greenacres, FL 33463 still available?: 516 5th Lane, Greenacres, FL 33463 is currently listed as Active, and has been on the market 53 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 516 5th Lane, Greenacres, FL 33463?: With 20% down ($62,000) on the $310,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 516 5th Lane, Greenacres, FL 33463 is about $1,629/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 516 5th Lane, Greenacres, FL 33463?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 516 5th Lane, Greenacres, FL 33463. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 516 5th Lane, Greenacres, FL 33463 have an HOA fee?: Yes: 516 5th Lane, Greenacres, FL 33463 carries an HOA fee of about $464 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 516 5th Lane, Greenacres, FL 33463?: 516 5th Lane, Greenacres, FL 33463 is zoned for Heritage (elementary), L. C. Swain (middle), Santaluces (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 516 5th Lane, Greenacres, FL 33463?: Often, yes. The right offer on 516 5th Lane, Greenacres, FL 33463 depends on how it's priced against comparable townhouse sales in Greenacres, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Luxe Properties

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

$310,000

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Listed by Estefania Zapata, Luxe Properties

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Recently sold homes in Sherwood Lakes

These are the last 6 recorded closings in Sherwood Lakes, with the price each home actually sold for rather than what it was listed at. They closed at a median of $208 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.