SPENCER PLACE CONDO

505 Spencer Dr # 315, West Palm Beach FL 33409

2 beds · 1.5 baths · 1,025 ft²

For Sale · Active Listing

$140,000

Est. Payment $745/mo

MLS Sheet Video

2

Bedrooms

1.5

Bathrooms

1,025

Sq. Ft.

1977

Year Built

1

Garage

4

Stories

5

Days on Market

Description

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

MLS#
A12057977
Subdivision
SPENCER PLACE CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1977
Lot Size
0 sqft
Sq. Ft.
1,025 ft²
Sq. Mt.
95 m²
Price per sq. ft.
$137/ft²
Price per sq. mt.
$1,474/m²
Stories
4
Garage
1 spaces
Pool
Days on Market
5 days
Listed
Jul 23, 2026
Last Updated
Jul 28, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for West Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

75

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/23/2026Listed for sale$140,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

505 Spencer Dr # 315, West Palm Beach FL 33409Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,012/mo

Principal & Interest

$745

Property Tax

$117

Insurance

$150

HOA

$0

20% ($28,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated 4 hours ago

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