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$275,000 Just Listed
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Property 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. 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!
Full Property Details
Full Property Details for 517 5th Ln
General
- Price: $275,000
- HOA FEE: $464/month
- Taxes: $2,948 (2025)
- Status: Active
- Type: Townhouse
- Source: Regional
- MLS ID: B26036138
- Updated: 6/3/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Breakfast Bar, Dual Sinks, Eat-in Kitchen, Kitchen/Dining Combo, None, Separate Shower, Upper Level Primary
- Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Water Heater, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, 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
Additional Information
- Shared Amenities: Basketball Court, Pool, Tennis Court(s)
- Pool: Yes
- Pool Description: Association
- Security/Safety: None
Exterior
- Exterior Features: Courtyard, Outdoor Living Area, Uncovered Courtyard
Parking
- Total Spaces: 2
- Parking Features: Assigned, Concrete, Guest
Location
- County: Palm Beach
- Subdivision: SHERWOOD LAKES
- Direction Faces: West
School Information
- Elementary School: Heritage
- Middle School: L. C. Swain
- High School: Santaluces
Community
- Community Name: 5730
- Association: Yes
- Assoc. Name: Sherwood Lakes Homeowner's Association
- Assoc. Fees Include: Insurance, Maintenance Grounds, Roof
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Structure Type: Townhouse
- Construction: Pre-Cast Concrete
- Roof: Flat, Shingle
- Entry Floor Number: 1
- 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
Lot Features
- Lot Size (Acres): 0.04
- Lot Features: 1/4 Acre
- Zoning: RM-2 (city)
- Fencing (Description): Fenced, Wood
Water Features
- Water Front View: None
Financial Considerations
- Association Fee: $464
- Assoc Fee Freq.: Monthly
- Assessment Amount: $179,038
- Tax Amount: $2,948.24
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Legal Description: SHERWOOD LAKES LOT 17 UNIT C
- Property ID: 18424426080000173
Listed by Southern Select Realty
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Schools
Schools serving 517 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 517 5th Ln
Date
Details
Price
Change
Source
6/03/2026
Listed
$275,000
43.98%
MLS
2/08/2018
Sold
$191,000
—
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 517 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
-17%
$153,499
7%
2018
$3,130
362%
$143,409
165%
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 517 5th Ln
517 5th Lane, Greenacres, FL 33463 (MLS# B26036138) is a Townhouse property with 3 bedrooms and 3 full bathrooms. 517 5th Lane is currently listed for $275,000 and was received on June 03, 2026. Want to learn more about 517 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.

