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505 Spencer Dr # 315, West Palm Beach FL 33409

Condo/Co-op For Sale
$140,000

BTC: 2.20489802

ETH: 73.58197031

3 days
2 bds
1 ba
1,025 sqft

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!

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Covered / Guest / Limited # Of Vehicle
Year Built:
1977
Lot:
No Data
Heating:
Central
Price/sqft:
$137
Cooling:
Central Air
HOA:
$771

Valuation

Our model vs. what's actually selling nearby.
Estimate
$189,000
$123K – $614K
Confidence Low
List vs. estimate
$49K below estimate
List $140,000 · -25.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$136
-31.7% vs. city median $200
Based on
135 MLS comparables
+ 18 public-records sales within 0.5 mi
Median actual sale: $712K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,571
2025
HOA
$771/mo
View
Other View
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Disposal

    • Dryer

    • Washer

    Other interior features

    • Third Floor Entry

    • Elevator

    • Stacked Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    • Covered

    • Guest

    • Limited # Of Vehicle

    Property

    • Exterior Features: Other / West Of Us1 / None

    Other Property Information

    • Parcel Number: 74434319140003150

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $771

    • HOA Frequency: Monthly

    • Annual tax amount: $2,571

  • Source details

    • MLS ID: A12057977

    Other facts

    • Construction Materials: CBS Construction

    • Architectural Style: Corner Unit

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1025

    • Subdivision Name: SPENCER PLACE CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LoKation