506 5th Terrace, Palm Beach Gardens, FL 33418 (MLS# R11164825)

506 5th Terrace, Palm Beach Gardens, FL 33418

$495,000

Virtual Tour

https://www.propertypanorama.com/506-5th-Terrace-Palm-Beach-Gardens-FL-33418/unbranded

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,488 Status: Active

Current Price: $495,000 List Date: 2/27/2026 Last Modified: 3/26/2026

Overview

Description

This beautifully updated townhouse sits just steps from the community pool & tennis courts. The home offers 3 bedrooms, 2.5 baths, including a flexible den that works perfectly as a third bedroom, home office, or guest space. The entire home has been completely renovated from top to bottom with high-end finishes throughout. The kitchen & bathrooms have been fully redesigned, featuring imported Italian marble, brand-new stainless steel appliances, & modern, clean finishes. New vinyl flooring runs throughout the home, tying everything together. You'll love the covered & screened patio, plus the additional open area that's perfect for a small garden. This is the only unit in Glenwood currently renovated to this level, making it a rare, truly move-in-ready opportunity

Listing Details MLS# R11164825

General Property Information

Property Sub Type: Townhouse
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Building Area Main: 1488
Building Area Source: Public Records
Living Area Main: 1488
Year Built: 1980
Gated Community YN: Yes
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: Southwest
Pool Private YN: No
Furnished: Unfurnished
Year Roof Installed: 2023

Property Features

Application Information: Personal Interview Required Association Fee Includes: Insurance; Maintenance Grounds; Security Dining Area: Breakfast Area; Eat-In Kitchen; Family/Dining Combination Electric: Three Phase Flooring: Marble; Vinyl Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer; Cooktop Construction Materials: Block; CBS; Concrete Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Fencing: Fenced Heating: Central; Electric Interior Features: Bedroom Layout - Split; Kitchen Island; Storage; Walk-In Closet(s) Laundry Features: Inside Levels: Multi/Split Listing Terms: Cash; Conventional Membership: Golf Equity Available; Social Membership Available; Tennis Membership Available Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow; Negotiable Restrictions: Buyer Approval Required; Lease Restrictions; Parking - No Boat; Parking - No Commercial Vehicles; Parking - No RV Road Frontage Type: West of US-1 Roof: Mansard Security Features: Fire Alarm; Gated with Guard; Security Guard Sewer: Public Sewer Storm Protection Details: Storm Shutters Structure Type: Townhouse Tax Information: City/County; Homestead Exemption Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Lake Waterfront Features: Lake Front Showing Requirements: Appointment Only; Schedule Online Outdoor Living Spaces: Patio; Porch Patio Details: Patio - Covered; Patio - Open; Patio - Screened Room Types: Convertible Bedroom; Den; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2026-02-18
Original List Price: 495000
Negotiable Seller Concessions YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 506
Street Name: 5th
Street Suffix: Terrace
City Name: Palm Beach Gardens
State Or Province: FL
Postal Code: 33418
Postal Zip: 33418
Subdivision Name: PGA National - Glenwood
Development Name: PGA National - Glenwood
Area: 5360
Geographic Area: PB27
Elementary School: Timber Trace
Middle Or Junior School: Watson B. Duncan
High School: Palm Beach Gardens
Special Assessment YN: No
Parcel Number: 52424210040000506
Zoning: RES
Directions: PGA Boulevard, to Ave of the Champions, to Ave Masters, third left onto 5th-9th, right on 7th terrace. Walk towards the water. It shares a quad with 717 and 718.

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 487
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 4284.71
Tax Year: 2025
Tax Legal Description: GLENWOOD TWNHS UNIT 506

Status Change Information

Major Change Timestamp: 2026-03-26T19:05:01Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-26T19:05:01Z
Status Change Date: 2026-02-27

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 250

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Pet Details

Other Pet Restrictions: See HOA Docs

Storm Protection

Panel Shutters: Complete

Showing Details

Pet(s) on Premises: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Upper
Convertible Bedroom: Yes
Den: Yes
Family Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 332.66

Originating Details

Originating System Key: 20260218212105848840000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Information

Personal Interview Required: Yes

Amenities

Basketball Court: Yes
Business Center: Yes
Cafe/Restaurant: Yes
Dog Park: Yes
Fitness Center: Yes
Golf Course: Yes
Jogging Path: Yes
Park: Yes
Pickleball Court(s): Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes
Putting Green: Yes
Sidewalks: Yes
Street Lights: Yes
Tennis Court(s): Yes
Trail(s): Yes

Association Fee Includes

Insurance: Yes
Maintenance Grounds: Yes
Security: Yes

Dining Area

Breakfast Area: Yes
Eat-In Kitchen: Yes
Family/Dining Combination: Yes

Electric

Three Phase: Yes

Flooring

Marble: Yes
Vinyl: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Fencing

Fenced: Yes

Structure Type

Townhouse: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes
Electric: Yes

Water View

Lake: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Free-Standing Freezer: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Cooktop: Yes

Construction Materials

Block: Yes
CBS: Yes
Concrete: Yes

Interior Features

Bedroom Layout - Split: Yes
Kitchen Island: Yes
Storage: Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes

Levels

Multi/Split: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Frontage Type

West of US-1: Yes

Roof

Mansard: Yes

Security Features

Fire Alarm: Yes
Gated with Guard: Yes
Security Guard: Yes

Water Source

Public: Yes

Waterfront Features

Lake Front: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

Appointment Only: Yes
Schedule Online: Yes

Master Bedroom/Bath

Dual Sinks: Yes
Master Bdrm - Upstairs: Yes

Membership

Golf Equity Available: Yes
Social Membership Available: Yes
Tennis Membership Available: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Restrictions

Buyer Approval Required: Yes
Lease Restrictions: Yes
Parking - No Boat: Yes
Parking - No Commercial Vehicles: Yes
Parking - No RV: Yes

Storm Protection Details

Storm Shutters: Yes

Tax Information

City/County: Yes
Homestead Exemption: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Patio Details

Patio - Covered: Yes
Patio - Open: Yes
Patio - Screened: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Room Information

Living Room Length: 14.00 Length: 14.00 Width: 18.00 Width: 18.00 Level: Main Kitchen Length: 12.00 Length: 12.00 Width: 11.00 Width: 11.00 Level: Main Master Bedroom Length: 17.00 Length: 17.00 Width: 13.00 Width: 13.00 Level: Upper Convertible Bedroom Family Room Laundry

Listing Office: Waterfront Properties & Club C

Last Updated: March - 26 - 2026

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506 5th Terrace, Palm Beach Gardens, FL 33418 (MLS# R11164825)