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For sale
    • Price cut: $11K (8/10)
    $129,000

    505 Spencer Dr APT 315, West Palm Beach, FL 33409

    2beds
    1,025sqft
    : 
    $1,696/mo
    Get pre-qualified
    Condominium
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $126/sqft
    $771/mo HOA

    What's special

    Refreshing swimming poolPrivate outdoor spaceFunctional floor plan
    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!
    34 days
    523
    17

    Zillow last checked:

    Listing updated:

    Listed by:

    Maria Skolnick 954-200-2217,

    LoKation

    Source: MIAMI,MLS#: A12057977MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Disposal, Dryer, Washer
      Features
      • Elevator, Stacked Bedroom, Walk-In Closet(s)
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 1,025
      • Total interior livable area: 1,025 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space, Assigned, Covered, Guest, Limited # Of Vehicle
      • Garage spaces: 1
      Features
      • Entry location: Third Floor Entry
      • Exterior features: Other, None
      • Pool features: Association
      • Has view: Yes
      • View description: Other
      Lot
      • Features: West Of Us1
      Details
      • Parcel number: 74434319140003150

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • CBS Construction
      Condition
      • Year built: 1977

      Community & HOA

      Community
      • Security: Phone Entry, Intercom In Lobby
      • Application fee: $150
      • Subdivision: Spencer Place Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Community Room, Exterior Lighting, Pool
      • HOA fee: $771 monthly
      Location
      • Region: West Palm Beach

      Financial & listing details

      • Price per square foot: $126/sqft
      • Tax assessed value: $134,000
      • Annual tax amount: $2,571
      • Date on market: 7/23/2026
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/10/2026Price change$129,000-7.9%$126/sqft
        Source: MIAMI #A12057977 Report a problem
        7/27/2026Listed for sale$140,000+13233.3%$137/sqft
        Source: MIAMI #A12057977 Report a problem
        12/23/2015Listing removed$1,050$1/sqft
        Source: Berkshire Hathaway HomeService #RX-10192104 Report a problem
        12/19/2015Pending sale$1,050-98.5%$1/sqft
        Source: Berkshire Hathaway HomeService #RX-10192104 Report a problem
        12/17/2015Listed for rent$1,050$1/sqft
        Source: Berkshire Hathaway HomeService #RX-10192104 Report a problem
        12/17/2013Sold$68,900-1.4%$67/sqft
        Source: BeachesMLS #R9970591 Report a problem
        10/2/2013Price change$69,900-12.5%$68/sqft
        Source: Milestone Real Estate Services #RX-9970591 Report a problem
        8/21/2013Listed for sale$79,900+121.9%$78/sqft
        Source: Milestone Real Estate Services #RX-9970591 Report a problem
        7/9/2013Sold$36,000$35/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,570 +3.8%$106,879 +10%
        2024$2,477 +5.1%$97,163 +10%
        2023$2,356 +8.5%$88,330 +10%
        2022$2,172 +21.8%$80,300 +10%
        2021$1,783 -0.9%$73,000
        2020$1,799 -6.6%$73,000 -6.4%
        2019$1,927 $78,000 +9.9%
        2018$1,927 +14.4%$71,000 +63.1%
        2017$1,684 +218%$43,527 +2.1%
        2016$530 +2.4%$42,632 +0.7%
        2015$517 -0.6%$42,336 +0.8%
        2014$521 -38.7%$42,000 +35.5%
        2013$849 +1.9%$31,000 +3.3%
        2012$833 -3.3%$30,000 -3.2%
        2011$861 -30.2%$31,000 -32.6%
        2010$1,233 +241.9%$46,000 +29.3%
        2009$361 +15.3%$35,583 +0.1%
        2008$313 +17%$35,547 +3%
        2007$267 +0.1%$34,512 +2.5%
        2006$267 $33,670 +3%
        2005-- $32,689 +3%
        2004$103 +94.3%$31,737 +1.9%
        2003$53 -71.6%$31,145 +2.4%
        2002$186 +4.3%$30,415 +1.6%
        2001$179 +13.8%$29,936 +3%
        2000$157 +90.9%$29,064 +2.7%
        1999$82 $28,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Palm Beach Lakes

        Getting around

        67 / 100
        Somewhat Walkable
        36 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Westward
        • Middle: Bear Lakes
        • High: Palm Beach Lakes

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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