505 Spencer Drive 315, West Palm Beach, FL 33409 (MLS# A12057977)

505 Spencer Drive 315, West Palm Beach, FL 33409

New Listing

$140,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,025 Status: Active

Current Price: $140,000 List Date: 7/23/2026 Last Modified: 7/27/2026

Overview

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 potentia ... (Read more)

Listing Details MLS# A12057977

General Property Information

Unit Floor #: 3
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Building Area Main: 1025
Living Area Main: 1025
Adjusted Area Main: 1025
Year Built: 1977
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Stories Total: 4

Property Features

Application Information: 3-4 Weeks Approval; Personal Interview Required Association Amenities: Maintenance Association Fee Includes: Cable TV; Elevator; Pest Control; Pool Service; Sewer; Trash; Water Exterior Features: Lighting; None Flooring: Laminate Parking Features: Assigned; Covered; Guest Appliances: Disposal; Dryer; Washer Architectural Style: Other Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Stacked; Elevator; Walk-In Closet(s) Listing Terms: Cash Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Limited # Vehicles; Other Restrictions Road Frontage Type: West of US-1 Security Features: Entry - Phone/Intercom Special Information: Sold As-Is Unit Description: Corner/End Unit View: Other Showing Requirements: Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 140000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 505
Street Name: Spencer
Street Suffix: Drive
Unit Number: 315
City Name: West Palm Beach
Municipal Code: 74
State Or Province: FL
Postal Code: 33409
Postal Code +4: 3656
Postal Zip: 33409
Subdivision Name: SPENCER PLACE CONDO
Area: 5410
Geographic Area: PB24
Elementary School: Westward
Middle Or Junior School: Bear Lakes
High School: Palm Beach Lakes
Special Assessment YN: Yes
Parcel Number: 74434319140003150
Subdivision Number: 14
Flood Zone: AE,X

Financial Information

Association YN: Yes
Association Fee: 771
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 771
Membership Fee Required YN: No
Tax Annual Amount: 2571
Tax Year: 2025
Tax Legal Description: SPENCER PLACE COND UNIT 315

Status Change Information

Major Change Timestamp: 2026-07-23T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-26

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: 3

Parking Information

Open Parking Spaces: Yes

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Price Calculations

Current Price To SqFt: 136.58

Section Details

Parcel Number MLX: 3150

Originating Details

Originating System Key: 534794157
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

3-4 Weeks Approval: Yes
Personal Interview Required: Yes

Amenities

Community Room: Yes
Management: Yes
Parking: Yes
Pool: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Cable TV: Yes
Elevator: Yes
Pest Control: Yes
Pool Service: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Exterior Features

Lighting: Yes
None: Yes

Flooring

Laminate: Yes

Parking Features

Assigned: Yes
Covered: Yes
Guest: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

View

Other: Yes

Heating

Central: Yes

Unit Description

Corner/End Unit: Yes

Appliances

Disposal: Yes
Dryer: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Bedroom Layout - Stacked: Yes
Elevator: Yes
Walk-In Closet(s): Yes

Listing Terms

Cash: Yes

Road Frontage Type

West of US-1: Yes

Security Features

Entry - Phone/Intercom: Yes

Architectural Style

Other: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Showing Service: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes
Separate Shower: Yes

Pets Allowed YN

No: Yes

Restrictions

Limited # Vehicles: Yes
Other Restrictions: Yes

Listing Office: LoKation

Last Updated: July - 27 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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