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$325,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 516 5th Ln
General
- Price: $325,000
- HOA FEE: $464/month
- Taxes: $2,948 (2025)
- Status: Active
- Type: Townhouse
- Source: Greater_Miami
- MLS ID: A12075585
- Updated: 8/21/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Dryer, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
Additional Information
- Shared Amenities: Pool, Tennis Court(s)
- Maint. Includes: Landscaping/Lawn Maintenance, Trash Removal
- Security/Safety: No Security
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony, Patio
Parking
- Parking Features: 2 Or More Spaces, Guest
Location
- Area: Sherwood Lakes
- County: Palm Beach County
- Subdivision: SHERWOOD LAKES
- Building Name: SHERWOOD LAKES
School Information
- Elementary School: Heritage
- High School: Santaluces Community High
Community
- Community Name: Sherwood Lakes
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Structural Information
- Architectural Style: Corner Unit, Patio/Cluster
- Structure Type: Townhouse Fee Simple, Townhouse
- Detached/Attached: Detached
- Construction: CBS Construction
- Windows: Hurricane Shutters
- Entry Floor Number: 1
- Building Size: 1488
- Square Feet: 1,488
- Living Area: 1,488 Sq. Ft.
- Year Built: 1981
Lot Features
- Property View: None
Financial Considerations
- Price Per Sq. Ft.: $218.41
- Association Fee: $464
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,948
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: SHERWOOD LAKES LOT 17 UNIT D
- Restrictions: Ok To Lease
- Property ID: 18424426080000174
Listed by Luxe Properties
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Schools
Schools serving 516 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 | 3.3 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 516 5th Ln
Date
Details
Price
Change
Source
8/21/2026
Listed
$325,000
75.68%
MLS
9/24/2018
Sold
$185,000
—
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 516 5th Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,950
4%
$179,038
3%
2024
$2,847
3%
$173,992
3%
2023
$2,768
3%
$168,924
6%
2021
$2,688
-1%
$159,227
-3%
2022
$2,714
1%
$164,004
4%
2021
$2,688
3%
$157,029
2%
2019
$2,612
236%
$153,499
178%
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 516 5th Ln
516 5th Ln, Greenacres, FL 33463 (MLS# A12075585) is a Townhouse property with 3 bedrooms and 3 full bathrooms. 516 5th Ln is currently listed for $325,000 and was received on August 21, 2026. Want to learn more about 516 5th Ln? 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.

