Condominium
505 Spencer Dr # 315
505 Spencer Dr # 315, West Palm Beach FL 33409 Get directions
$129,000
2 Beds · 1 Bath · 1,025 SqFt
See estimated monthly costThis listing is courtesy of LoKation. Maria Skolnick
Overview
Don't miss this incredible opportunity to own one of the best-priced condos in Spencer Place! This spacious 2-bedroom, 2.5-bath residence is ready for a complete renovation, offering the perfect blank canvas to create your dream home or a smart long-term investment. Whether you're looking for a primary residence, a seasonal retreat, or a property to build equity, this condo has unlimited potential. Enjoy a functional floor plan, private outdoor space, and the chance to customize every detail to your personal taste. Spencer Place is an all-ages community featuring a refreshing swimming pool, community room, and a convenient West Palm Beach location close to shopping, restaurants, major highways, the Palm Beach Outlets, downtown West Palm Beach, Palm Beach International Airport, and beautiful area beaches. This is an exceptional value for buyers with vision. Rentals are permitted after two years of ownership, making this an attractive opportunity for those seeking future investment potential. Property is being sold AS IS. Bring your contractor and imagination—this is your chance to create something truly special!
Facts & features
Interior
- Living area (sq ft)
- 1,025
- Full bathrooms
- 1
- Half bathrooms
- 1
- Third Floor Entry
- Elevator
- Stacked Bedroom
- Walk-In Closet(s)
Building & exterior
- Year built
- 1977
- Garage spaces
- 1
- Covered spaces
- 1
- Other View
- Other
- West Of Us1
- None
- 1 Space
- Assigned
- Covered
- Guest
- Limited # Of Vehicle
HOA (homeowners association)
- Association fee
- $771 per month
- Pets allowed
- No
- Community Room
- Exterior Lighting
- Pool
- No Daily Rentals
- No Lease First 2 years
- Other Restrictions
- No
Taxes
- Annual tax
- $2,571
- Tax year
- 2025
- Parcel number
- 74434319140003150
Assigned schools
- Elementary
- Westward
- Middle
- Bear Lakes
- High
- Palm Beach Lakes
Listing
- MLS number
- A12057977
- Property type
- Condominium
- Price per SqFt
- $126
- Subdivision
- SPENCER PLACE CONDO
- On market since
- Jul 23, 2026
- Days on market
- 34
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 23, 2026 | Listed | $140,000 | — |
| Aug 10, 2026 | Price change | $129,000 | −$11,000 (−7.9%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$1,734 per month
- Principal & interest (30 yr)
- $652
- Property tax
- $214
- Insurance (estimated)
- $97
- Association fee
- $771
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
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