Condo in 505 Spencer Drive 407, West Palm Beach, FL 33409 for sale with MLS# B26056562

Welcome to Spencer Place Condo in West Palm Beach, a well-designed two-bedroom, two-bathroom residence offering 1,081 square feet of comfortable living space. This four-story condominium provides an efficient layout perfect for those seeking a straightforward, practical home in an established community. The generously proportioned bedrooms and full bathrooms offer convenience and functionality for everyday living. Amazing location- all services conveniently close by, yet tucked away for privacy, safety, and serenity. Located in West Palm Beach, top 4th floor with unobstructed views from every bedroom window and the balcony. This is perfect opportunity for Handymen/DIYers and Investors to remodel to your liking, Seller is open for all offers!

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505 Spencer Drive 407, West Palm Beach, FL 33409

Price
Price:
$145,000.00
Original List Price:
$145,000.00
List Price per Sq Ft (Calculated, Approx.):
$134.13
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
July 25, 2026 4:04 pm
Other Special Conditions:
Sold As-is, Handyman Special
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Bedroom 2, Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
Separate Shower
Measures
Living Area:
1,081 Sqft
Built-Up Area:
1,081 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Property Features
View from the Property:
City
Waterfront:
No
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Refrigerator, Washer, Electric Range, Oven
Interior:
Walk-In Closet(s), Elevator, Bedroom Layout - Stacked
Exterior:
Balcony
Laundry:
Inside, In Kitchen, Main Level
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
North
Balcony Details:
Balcony - Covered, Balcony - Screened
Construction
Year Built:
1977
Roof:
Other
Year Roof Installed:
2021
Architectural Style:
Other
Levels:
One
Entry Level Location:
Opposite the pool
Construction Materials:
CBS
Flooring:
Laminate, Ceramic Tile
Number of stories:
4
Structure Type:
Multi Family
Number of Units in the Community or Building:
52
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$3,097.00
Tax Year:
2025
Association Fee:
$771.83
Association Fee Frequency:
Monthly
Property Tax Details:
City/County, No Homestead
Parking
Parking Total Spaces:
1
Garage
Garage Spaces:
0
Covered Spaces:
0
Attached Garage
Parking Features:
Garage, Covered, Attached Garage
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Association
Master Association
Membership Details:
No Membership Available
Association Membership:
Mandatory
Application Required
Application Fee:
$150.00
Application Information:
Association Approval Required
Association Type:
Condominium
Pets Allowed?:
Yes, Cats Ok, Pet Restrictions Possible, Cats Only
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Pool, Community Room, Trash Chute, Security, Elevator(s), Sidewalks, Parking
Subdivision Name:
SPENCER PLACE CONDO
Association Fee Includes:
Maintenance Grounds, Water, Trash, Pest Control, Common Areas, Insurance, Elevator, Pool Service
Association Name:
Spencer Place Condominium Association
Association Name 2:
GRS MNGT Property Management
Senior Community:
No
Association Phone:
561-983-6000
Restrictions:
Buyer Approval Required, Parking - No Boat, Parking - No Commercial Vehicles, Parking - No Rv, Lease Restrictions, Parking - No Truck, Limited # Vehicles, Parking - No Motorcycle, No Corporate Buyer
Minimum Days per Lease:
365
Other Leasing Restrictions:
Leasing Prohibited 1st 2 Years
Leasing Permitted
Leasing Permitted Details:
Okay To Lease With Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
SPENCER PLACE COND UNIT 407
Real Estate Folio Number (Parcel Number):
74434319140004070
Zoning:
MF32 (city)
Public Schools Assigned
Elementary School:
Frederick Douglass
High School:
Palm Beach Lakes
Middle Or Junior School:
Bear Lakes
Listing History
Active on the market since:
July 25, 2026
Listing Agreement executed on:
July 25, 2026
Listing Status Last Changed On:
July 25, 2026 4:04 pm
Photos updated on:
August 4, 2026 12:26 am
Last Modified:
August 5, 2026 9:34 am
Additional Information
Courtesy of:
Paradise Real Estate Intl
Attribution:
Not provided
Location
Floor Number:
4
Street Name:
Spencer
Street Number:
505
Unit Number:
407
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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Association of REALTORS®
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