None.
A metre is a measure of distance while a square metre is a measure of area. The two measure different things and, according to basic principles of dimensional analysis, conversion from one to the other is not valid.
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500 (square feet) = 46.45152 square meters.
500 (sq meters) = 0.124 acres
500 square meters are 5,381.955208 square feet.
500 sq metres = 5382 sq feet (approx)
538.196 square feetsquare meters x 10.7639 = square feet