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517 5th Lane, Greenacres, FL 33463
Sold
6 Days on Market
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$287,000

Sold · July 10, 2026

517 5th Lane

Greenacres, FL 33463

SHERWOOD LAKES

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

What this home sold for

Sold price
$287,000
Vs. list price
4.4% over
Days on market
6
Price per sq ft
$193

This 3-bedroom townhouse in Sherwood Lakes sold for $287,000 on July 10, 2026. That was 4.4% above its final list price of $275,000. It spent 6 days on the market. At $193 per square foot, it closed 5.9% below the $205 median of the 6 other townhouse sales in the recent closings shown below.

3
Bedrooms
3
Bathrooms
1,488
Living Sq Ft
1981
Year Built

Listing Snapshot

Sold Price
$287,000
Sold On
July 10, 2026
Days on Site
6 Days
Bedrooms
3
Total Baths
3
Full Baths
3
Partial Baths
0
Living Area
1,488 sqft
Total Sq Ft
1,488 sqft
Lot Size
0.04 Acres
Year Built
1981
Property Type
Townhouse
MLS #
B26036138
Property Tax
$2,948 (2025)
HOA Fees
$464 / Monthly
Subdivision
SHERWOOD LAKES
County
Palm Beach
Status
Sold
Special Conditions
Standard / Listed As Is

About This Property

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!

MLS media link

General Features

Property Type
Townhouse
Status
Sold
Year Built
1981
Property Condition
Resale
Number of Stories
1
Levels
Two
Parking
Assigned / Concrete / Guest
Direction Faces
West
Lot Size (Acres)
0.04
Living Sq Ft
1,488
Total Sq Ft
1,488
Structure Type
Townhouse
Sewer
Public Sewer
Water Source
Public
Zoning
RM-2 (city)

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Tankless Water Heater / Water Heater / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Carpet / Tile
Interior Features
Breakfast Bar / Dual Sinks / Eat In Kitchen / Kitchen Dining Combo / None / Separate Shower / Upper Level Primary
Laundry
In Bathroom
Main Level Bedrooms
1
Main Level Baths
1
Total Rooms
3
Furnished
Unfurnished

Exterior Features

Construction
Pre Cast Concrete
Roof
Flat / Shingle
Exterior Features
Courtyard / Outdoor Living Area / Uncovered Courtyard
Pool Features
Association
Lot Features
Less Than Quarter Acre
Waterfront Features
None

Community & HOA

HOA Fee
$464 / Monthly
HOA Name
Sherwood Lakes Homeowner's Association
HOA Includes
Insurance / Maintenance Grounds / Roof
Association Amenities
Basketball Court / Pool / Tennis Courts
Community Features
Home Owners Association
Security
None
Utilities
Cable Available / Electricity Available / Sewer Available / Water Available
Pets Allowed
Cats Ok / Dogs Ok / Number Limit / Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Buyer Approval Required / Rental Restriction
MLS Area
5730

Schools

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

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
3
Median List Price
$321,495
Median $/Sq Ft
$216
Avg Days on Market
51
View all 8 homes for sale in Sherwood Lakes →
How do I schedule a tour of 517 5th Lane, Greenacres, FL 33463?
Use the Tour button on this listing to request a showing of 517 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 517 5th Lane, Greenacres, FL 33463 still available?
517 5th Lane, Greenacres, FL 33463 is currently listed as Sold, and has been on the market 6 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 517 5th Lane, Greenacres, FL 33463?
With 20% down ($55,000) on the $275,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 517 5th Lane, Greenacres, FL 33463 is about $1,445/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 517 5th Lane, Greenacres, FL 33463?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 517 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 517 5th Lane, Greenacres, FL 33463 have an HOA fee?
Yes: 517 5th Lane, Greenacres, FL 33463 carries an HOA fee of about $464 monthly (Sherwood Lakes Homeowner's Association). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 517 5th Lane, Greenacres, FL 33463?
517 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 517 5th Lane, Greenacres, FL 33463?
Often, yes. The right offer on 517 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 Southern Select Realty

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 July 1, 2026.

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Listed by Jennifer Vigoa, Southern Select Realty

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