501 5th Lane, Greenacres, FL 33463

$286,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,488 Status: Closed
Current Price: $286,000 List Date: 5/05/2026 Last Modified: 9/09/2026

Overview

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!

Supplements: 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, park ...

Listing Details MLS# B26024445

General Property Information

Total Units In Building
4
Unit Floor #
2
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
Accessibility Features YN
No
Year Built
1981
Parking Total
2
Gated Community YN
No
Lot Size Dimensions
0.04
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
South
Pool Private YN
No
Furnished
Unfurnished
Year Roof Installed
2021

Property Features

Application Information: Association Approval Required Association Fee Includes: Common Areas; Maintenance Grounds; Reserve Funds; Roof Repairs; Trash Dining Area: Dining/Living Room; Snack Bar/Counter Flooring: Carpet; Ceramic Tile Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned; Open Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater Architectural Style: Quad Construction Materials: CBS; Stucco Cooling: Ceiling Fan(s); Central Air; Electric Association Type: Homeowner Association Fencing: Fenced Heating: Central; Electric Interior Features: Bedroom Layout - Split; Storage Laundry Features: In Bathroom; In Unit; Upper Level Levels: Two Listing Terms: Cash; Conventional; FHA Pets Allowed YN: Yes Pets Allowed: Cats OK; Dogs OK Possession: Close Of Escrow; Negotiable Restrictions: Lease Restrictions; Other Restrictions Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Roof: Mansard Security Features: Smoke Detector(s) Sewer: Public Sewer Special Information: Handyman Special; Sold As-Is Structure Type: Townhouse Tax Information: City/County; Homestead Exemption Unit Description: Corner/End Unit Utilities: Electricity Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Occupied; Schedule Online Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Patio Details: Patio - Open Contingencies: Financing; Inspection; Other Additional Buyer Details: 1st Time Home Buyer Concessions Detail: Closing Costs Room Types: Bedroom 2; Bedroom 3; Dining Room; Family Room; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
279500
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
501
Street Name
5th
Street Suffix
Lane
State Or Province
FL
Postal Code
33463
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
18424426080000123
Zoning
R
Directions
LAKE WORTH RD TO 57TH - SOUTH ON 57TH TO DOUBLIN TO 5TH LANE

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
464.18
Association Fee Frequency
Monthly
Association Membership
Mandatory
Association Reserves YN
Yes
Application Required YN
Yes
Association Name
Sherwood Lakes
Association Phone
561-439-5900
Association Email
customercare@managedbyaffinity.com
Association Website
sherwoodhoacommunity.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
465
Membership Fee Required YN
No
Tax Annual Amount
910.34
Tax Year
2025
Tax Legal Description
Sherwood Lakes Lot:12 Blk:

Status Change Information

Major Change Timestamp
2026-06-23T03:04:05Z
Major Change Type
Status Change
Status Change Date
2026-06-22
Under Contract Date
2026-05-15
Close Date
2026-06-22
Close Price
286000
Buyer Financing
FHA

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
2

Co-Ownership

Property Management YN
Yes
Property Management Name
Affinity Management
Property Management Phone
305-325-4243
Property Management Email
customercare@managedbyaffinity.com

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Pet Details

Pet Fee YN
No
Other Pet Restrictions
2 pets allowed

Leasing Restrictions

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

Buyer Details

Country of Origin
United States

Concessions

Seller Concessions
Yes
Seller Concessions Amount
31715

Contributions

Buyer Contributions
No

Price Calculations

Current Price To SqFt
187.83

Originating Details

Originating System Key
20260504205251741623000000
Originating System ID
M00000170

Room Information

Room Name Length Width
Bedroom 2 13.00 11.00
Bedroom 3 12.00 11.00
Dining Room 11.00 11.00
Kitchen 11.00 8.00
Living Room 16.00 13.00
Master Bedroom 17.00 13.00
Family Room
IDX
Listing Office: Keyes Company
Source MLS Verified
Last Updated: September - 09 - 2026
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