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$140,000
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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!
Full Property Details
Full Property Details for 505 Spencer Dr #315
General
- Price: $140,000
- HOA FEE: $771/month
- Taxes: $2,571 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12057977
- Updated: 7/28/2026
- Added to Site: 17 day(s) ago
Interior
- Interior Features: Third Floor Entry, Elevator, Stacked Bedroom, Walk-In Closet(s)
- Appliances: Disposal, Dryer, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level, Primary Bath Shower
Additional Information
- Shared Amenities: Community Room, Exterior Lighting, Pool
- Maint. Includes: All Amenities, Cable Tv, Elevator, Manager, Parking, Pest Control Interior, Pool Service, Sewer, Trash Removal, Water
- Security/Safety: Phone Entry, Intercom In Lobby
Exterior
- Exterior Features: Other, West Of Us1, None
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Assigned, Covered, Guest, Limited # Of Vehicle
Location
- Area: Spencer Place Condo
- County: Palm Beach County
- Subdivision: SPENCER PLACE CONDO
- Building Name: Spencer Place Condominium
School Information
- Elementary School: Westward
- Middle School: Bear Lakes
- High School: Palm Beach Lakes
Community
- Community Name: Spencer Place Condo
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Entry Floor Number: 3
- Building Size: 1025
- Square Feet: 1,025
- Living Area: 1,025 Sq. Ft.
- Year Built: 1977
Lot Features
- Property View: Other View
Financial Considerations
- Price Per Sq. Ft.: $136.59
- Association Fee: $771
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,571
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: SPENCER PLACE COND UNIT 315
- Restrictions: No Daily Rentals, No Lease First 2 years, Other Restrictions
- Property ID: 74434319140003150
Listed by LoKation
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Schools
Schools serving 505 Spencer Dr #315
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Westward Elementary School 1101 Golf Avenue, West Palm Beach, FL 33401 | PK-5 | 1.6 mi |
Bear Lakes Middle School 3505 Shenandoah Road, West Palm Beach, FL 33409 | 6-8 | 1.8 mi |
Palm Beach Lakes High School 3505 Shiloh Drive, West Palm Beach, FL 33407 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Spencer Dr #315
Date
Details
Price
Change
Source
7/23/2026
Listed
$140,000
103.19%
MLS
12/17/2013
Sold
$68,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 Spencer Dr #315
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,571
4%
$106,879
-25%
2024
$2,477
5%
$142,000
1%
2023
$2,356
8%
$140,000
14%
2022
$2,172
22%
$123,200
69%
2021
$1,784
-7%
$73,000
-6%
2019
$1,928
14%
$78,000
10%
2018
$1,684
218%
$71,000
63%
2017
$530
3%
$43,527
2%
2016
$517
-1%
$42,632
1%
2015
$522
—
$42,336
1%
2014
$521
-39%
$42,000
35%
2013
$849
—
$31,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Spencer Dr #315
505 Spencer Dr #315, West Palm Beach, FL 33409 (MLS# A12057977) is a Condo property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 505 Spencer Dr #315 is currently listed for $140,000 and was received on July 23, 2026. Want to learn more about 505 Spencer Dr #315? Do you have questions about finding other Condo real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

