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$140,000
505 Spencer Drive 315
West Palm Beach, FL 33409
MLS# A12057977
2 beds  |  2 baths  |  1025 sqft


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Property 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 potential. Property is being sold AS IS. Bring your contractor and imagination—this is your chance to create something truly special!

Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Vacant
Listing Date: 2026-07-23
Status: Active
Original List Price: 140000
List Price: $140,000
Current Price: $140,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Municipal Code: 74
Postal Zip: 33409
Geographic Area: PB24
Subdivision Number: 14
Special Assessment YN: Yes
Flood Zone: AE,X
Country: United States
Street Number: 505
Street Name: Spencer
Street Suffix: Drive
Unit Number: 315
State Or Province: FL
Postal Code: 33409
Postal Code +4: 3656
Subdivision Name: SPENCER PLACE CONDO
Area: 5410
Elementary School: Westward
Middle Or Junior School: Bear Lakes
High School: Palm Beach Lakes
Parcel Number: 74434319140003150
General Property Information
Unit Floor #: 3
Adjusted Area Main: 1025
Living Area Main: 1025
Senior Community YN: No
Stories Total: 4
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 1
Bathrooms Half: 1
Building Area Main: 1025
Year Built: 1977
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 771
Membership Fee Required YN: No
Association YN: 1
Association Fee: 771
Association Fee Frequency: Monthly
Tax Annual Amount: 2571
Tax Year: 2025
Tax Legal Description: SPENCER PLACE COND UNIT 315
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
3-4 Weeks Approval: 1
Personal Interview Required: 1
Amenities
Community Room: 1
Management: 1
Parking: 1
Pool: 1
Association Amenities
Maintenance: 1
Association Fee Includes
Cable TV: 1
Elevator: 1
Pest Control: 1
Pool Service: 1
Sewer: 1
Trash: 1
Water: 1
Entry Information
Entry Level: 3
Exterior Features
Lighting: 1
None: 1
Flooring
Laminate: 1
Parking Features
Assigned: 1
Covered: 1
Guest: 1
Parking Information
Open Parking Spaces: 1
Possession
Close Of Escrow: 1
Special Information
Sold As-Is: 1
View
Other: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 1
Leasing - Minimum Number of Days: 365
Unit Description
Corner/End Unit: 1
Appliances
Disposal: 1
Dryer: 1
Washer: 1
Construction Materials
CBS: 1
Interior Features
Bedroom Layout - Stacked: 1
Elevator: 1
Walk-In Closet(s): 1
Listing Terms
Cash: 1
Road Frontage Type
West of US-1: 1
Security Features
Entry - Phone/Intercom: 1
Architectural Style
Other: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
Showing Service: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Separate Shower: 1
Pets Allowed YN
No: 1
Restrictions
Limited # Vehicles: 1
Other Restrictions: 1
Price Calculations
Current Price To SqFt: 136.58
Section Details
Parcel Number MLX: 3150
Status Change Information
Major Change Timestamp: 2026-07-23T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-26
Originating Details
Originating System Key: 534794157
Originating System ID: M00000151
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

IDX
Listing Office: LoKation

Last Updated: July - 27 - 2026

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