Condo in 505 Spencer Drive 315, West Palm Beach, FL 33409 for sale with MLS# A12057977

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!

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Days on the market

505 Spencer Drive 315, West Palm Beach, FL 33409

Price
Price:
$140,000.00
Original List Price:
$140,000.00
List Price per Sq Ft (Calculated, Approx.):
$136.58
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
July 23, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
1
Half Bath:
1
Master Bedroom Bath:
Separate Shower, Bedroom On Entry Level
Measures
Living Area:
1,025 Sqft
Built-Up Area:
1,025 Sqft
Property Features
View from the Property:
Other
Waterfront:
No
Security:
Entry - Phone/intercom
Appliances:
Dryer, Disposal, Washer
Interior:
Walk-In Closet(s), Elevator, Bedroom Layout - Stacked
Exterior:
Lighting, None
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Unit Description:
Corner/end Unit
Construction
Year Built:
1977
Architectural Style:
Other
Levels:
Two
Entry Level (floor):
3
Construction Materials:
CBS
Flooring:
Laminate
Number of stories:
4
Road Frontage Type:
West Of Us-1
Flood Zone Code:
AE,X
Taxes and Expenses
Tax Annual Amount:
$2,571.00
Tax Year:
2025
Association Fee:
$771.00
Association Fee Frequency:
Monthly
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Covered, Assigned, Guest
Community
Association
Special Assessment
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval, Personal Interview Required
Association Type:
Condominium
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Pool, Community Room, Management, Maintenance, Parking
Subdivision Name:
SPENCER PLACE CONDO
Association Fee Includes:
Sewer, Water, Trash, Cable Tv, Pest Control, Elevator, Pool Service
Senior Community:
No
Restrictions:
Other Restrictions, Limited # Vehicles
Minimum Days per Lease:
365
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
SPENCER PLACE COND UNIT 315
Real Estate Folio Number (Parcel Number):
74434319140003150
Public Schools Assigned
Elementary School:
Coral Sunset
High School:
Palm Beach Lakes
Middle Or Junior School:
Bear Lakes
Listing History
Active on the market since:
July 23, 2026
Listing Agreement executed on:
July 23, 2026
Listing Status Last Changed On:
July 23, 2026 4:00 am
Photos updated on:
July 28, 2026 4:16 pm
Last Modified:
July 28, 2026 4:16 pm
Additional Information
Courtesy of:
LoKation
Attribution:
Not provided
Location
Floor Number:
3
Street Name:
Spencer
Street Number:
505
Unit Number:
315
City:
West Palm Beach
State:
Florida
Zip Code:
33409
County:
Palm Beach
Latitude:
N26° 42' 35.7''
Longitude:
W81° 54' 20.2''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $65,206
Median Home Value $282,900
Median Rent $1,633/mo
Median Age 34
Population 32,921
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Ver la Propiedad Ver la propiedad 505 Spencer Drive 315, West Palm Beach, FL 33409
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.