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$279,500
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Property Description
Welcome to this private 3BR/3BA townhome in the desirable Sherwood Lakes community, with a spacious courtyard for true indoor outdoor living. Multiple sliding glass doors are ideal for natural light. Enjoy coffee on your private courtyard or upstairs balconies. The first floor offers one full bedroom and one full bathroom, ideal for guests. Upstairs, you'll find two additional bedrooms and two full baths, each with its own balcony. The washer and dryer are conveniently located in the second upstairs bathroom. The primary suite features a walk in closet and dual sinks. This home includes two assigned parking spaces, with the option to purchase a third. Brand new $10,000 value A/C unit. The association is well managed and maintains strong reserves. Great location! Set within a lushly landscaped community filled with mature trees and greenery, residents enjoy amenities such as a renovated Olympic-size pool, playgrounds, and courts for tennis, pickleball, and basketball. With low HOA fees covering roof and exterior maintenance, this all-age, pet-friendly neighborhood is just minutes from shopping, dining, parks, and major highways.
Full Property Details
Full Property Details for 501 5th Ln
General
- Price: $279,500
- HOA FEE: $464/month
- Taxes: $910 (2025)
- Status: Under Contract
- Type: Townhouse
- Source: Regional
- MLS ID: B26024445
- Updated: 5/15/2026
- Added to Site: 24 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Breakfast Bar, Living/Dining Room, Split Bedrooms, Storage, Tub Shower
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Range, Refrigerator, Water Heater, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 1
Other Rooms
- Laundry: In Bathroom, In Unit, Upper Level
Additional Information
- Shared Amenities: Basketball Court, Playground, Park, Pool, Sidewalks, Tennis Court(s)
- Pool: Yes
- Pool Description: Association
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Open, Patio, Balcony
Parking
- Total Spaces: 2
- Parking Features: Assigned, Open
Location
- County: Palm Beach
- Subdivision: Sherwood Lakes
- Driving Directions: LAKE WORTH RD TO 57TH - SOUTH ON 57TH TO DOUBLIN TO 5TH LANE
- Direction Faces: South
School Information
- Elementary School: Heritage
- Middle School: L. C. Swain
- High School: Santaluces
Community
- Community Name: 5730
- Association: Yes
- Assoc. Name: Sherwood Lakes
- Assoc. Fees Include: Common Areas, Maintenance Grounds, Reserve Fund, Roof, Trash
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Fourplex
- Structure Type: Townhouse
- Construction: Block, Stucco
- Roof: Mansard
- Entry Floor Number: 2
- Stories/Levels: 2
- Building Size: 1488
- Square Feet: 1,488
- Sq. Ft. Source: Public Records
- Living Area: 1,488 Sq. Ft.
- Year Built: 1981
- Property Condition: Resale, Fixer
Lot Features
- Property View: Garden
- Lot Dimensions: .04
- Zoning: R
- Fencing (Description): Fenced
Water Features
- Water Front View: None
Financial Considerations
- Association Fee: $464
- Assoc Fee Freq.: Monthly
- Tax Amount: $910.34
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Legal Description: Sherwood Lakes Lot:12 Blk:
- Property ID: 18424426080000123
Listed by The Keyes Company
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Schools
Schools serving 501 5th Ln
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Heritage Elementary School, Greenacres, FL 5100 Melaleuca Lane, Greenacres, FL 33463 | K-5 | 0.8 mi |
Santaluces Community High School 6880 Lawrence Road, Lantana, FL 33462 | 9-12 | 3.4 mi |
L C Swain Middle School 5332 Lake Worth Road, Greenacres, FL 33463 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 5th Ln
Date
Details
Price
Change
Source
5/05/2026
Listed
$279,500
179.5%
MLS
7/03/2008
Sold
$100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 5th Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$884
—
$65,622
3%
2024
$884
1%
$63,773
3%
2023
$874
1%
$61,916
6%
2021
$863
—
$58,362
-3%
2022
$865
—
$60,113
4%
2021
$863
1%
$57,556
2%
2019
$853
10%
$56,262
2%
2018
$778
15%
$55,213
2%
2017
$677
—
$54,077
2%
2016
$680
-2%
$52,965
1%
2015
$692
2%
$52,597
1%
2014
$681
1%
$52,180
1%
2013
$674
—
$51,409
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 5th Ln
501 5th Lane, Greenacres, FL 33463 (MLS# B26024445) is a Townhouse property with 3 bedrooms and 3 full bathrooms. 501 5th Lane is currently listed for $279,500 and was received on May 05, 2026. Want to learn more about 501 5th Lane? Do you have questions about finding other Townhouse real estate for sale in Greenacres? You can browse all Greenacres real estate or contact a Coldwell Banker agent to request more information.

