517 5th Lane, Greenacres, FL 33463

New Listing
$275,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,488 Status: Active
Current Price: $275,000 List Date: 6/03/2026 Last Modified: 6/03/2026

Overview

Description

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.

Supplements: 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!

Listing Details MLS# B26036138

General Property Information

Total Units In Building
4
Unit Floor #
Yes
Property Sub Type
Townhouse
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Building Area Main
1488
Building Area Source
Public Records
Living Area Main
1488
Living Area Source
Public Records
Adjusted Area Main
1488
Accessibility Features YN
No
Year Built
1981
Parking Total
2
Gated Community YN
No
Lot Size Area
1529
Lot Size Acres
0.04
Senior Community YN
No
Land Lease YN
No
Recreation Lease YN
No
Guest House YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
2
Direction Faces
West
Fireplace YN
No
Pool Private YN
No
Spa YN
No
Equestrian Features YN
No
Furnished
Unfurnished
Year Roof Installed
2021
LP/Assessed Value
1.54

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Fee Includes: Insurance; Maintenance Grounds; Roof Repairs Dining Area: Eat-In Kitchen; Kitchen Dining; Snack Bar/Counter Flooring: Carpet; Tile Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned; Concrete; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Tankless Water Heater Construction Materials: Pre-Cast Concrete Construction Cooling: Central Air; Electric Association Type: Homeowner Association Fencing: Fenced; Wood Heating: Central; Electric Interior Features: None Laundry Features: In Bathroom Levels: Two Listing Terms: Cash; Conventional; FHA; VA Loan Main Living Area: Entry Level Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Cats OK; Dogs OK; Pet Restrictions Possible; Number Limit Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions Roof: Flat; Shingle Security Features: None Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Townhouse Tax Information: Homestead Exemption Unit Description: Corner/End Unit Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; Schedule Online Outdoor Living Spaces: Courtyard Courtyard Details: Courtyard - Open Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
275000
Negotiable Seller Concessions YN
Yes
Occupant Type
Owner
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
517
Street Name
5th
Street Suffix
Lane
Municipality Type
Incorporated
Municipal Code
18
State Or Province
FL
Postal Code
33463
Postal Code +4
4348
Subdivision Name
SHERWOOD LAKES
Area
5730
Geographic Area
PB18
Elementary School
Heritage
Middle Or Junior School
L. C. Swain
High School
Santaluces
Special Assessment YN
No
Parcel Number
18424426080000173
Subdivision Number
8
Zoning
RM-2 (city)
Flood Zone
X
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
464.18
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Name
Sherwood Lakes Homeowner's Association
Association Email
mlm@managedbyaffinity.com
Association Website
www.managedbyaffinity.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
465
Membership Fee Required YN
No
Tax Annual Amount
2948.24
Tax Year
2025
Tax Assessed/SOH Value
179038
Tax Legal Description
SHERWOOD LAKES LOT 17 UNIT C
Assessor Market Value
280683

Status Change Information

Major Change Timestamp
2026-06-03T03:51:45Z
Major Change Type
New Listing
Status Change Date
2026-06-02

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes
Okay To Lease With Restrictions
Yes

Parking Information

Parking Space Number
1269&5800

Boat and Dock Information

Dock
No

Capital Contributions

Capital Contributions YN
No

Co-Ownership

Property Management YN
Yes
Property Management Name
Affinity Management Services
Property Management Phone
1 (800) 977-6279
Property Management Email
mlm@managedbyaffinity.com

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Pet Details

Maximum Number Of Pets
2
Pet Fee YN
No
Other Pet Restrictions
Cats, dogs and birds only.

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Price Calculations

Current Price To SqFt
184.81

Originating Details

Originating System Key
20260602195954896277000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Application Information

3-4 Weeks Approval
Yes
Association Approval Required
Yes

Amenities

Basketball Court
Yes
Pool
Yes
Tennis Court(s)
Yes

Association Fee Includes

Insurance
Yes
Maintenance Grounds
Yes
Roof Repairs
Yes

Dining Area

Eat-In Kitchen
Yes
Kitchen Dining
Yes
Snack Bar/Counter
Yes

Flooring

Carpet
Yes
Tile
Yes

Parking Features

Assigned
Yes
Concrete
Yes
Guest
Yes

Property Condition

Resale
Yes

Special Listing Conditions

Standard
Yes

Fencing

Fenced
Yes
Wood
Yes

Structure Type

Townhouse
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Information

Sold As-Is
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes
Electric
Yes

Unit Description

Corner/End Unit
Yes

Water Access

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes

Construction Materials

Pre-Cast Concrete Construction
Yes

Interior Features

None
Yes

Laundry Features

In Bathroom
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Roof

Flat
Yes
Shingle
Yes

Security Features

None
Yes

Water Source

Public
Yes

Water Heater Details

Tankless Water Heater
Yes

Cooling

Central Air
Yes
Electric
Yes

Association Type

Homeowner Association
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Occupied
Yes
Schedule Online
Yes

Main Living Area

Entry Level
Yes

Master Bedroom/Bath

Dual Sinks
Yes
Master Bdrm - Upstairs
Yes
Separate Shower
Yes

Membership

No Membership Available
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Cats OK
Yes
Dogs OK
Yes
Pet Restrictions Possible
Yes
Number Limit
Yes

Restrictions

Buyer Approval Required
Yes
Lease Restrictions
Yes

Tax Information

Homestead Exemption
Yes

Outdoor Living Spaces

Courtyard
Yes

Courtyard Details

Courtyard - Open
Yes

Room Types

Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Less Than 1 Acre Lot
Yes

Room Information

Kitchen Living Room Master Bedroom
Listing Office: Southern Select Realty
IDX
Last Updated: June - 03 - 2026
Broker Attribution: todd@ssr-fl.com

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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