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$145,000
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Property Description
Welcome to Spencer Place Condo in West Palm Beach, a well-designed two-bedroom, two-bathroom residence offering 1,081 square feet of comfortable living space. This four-story condominium provides an efficient layout perfect for those seeking a straightforward, practical home in an established community. The generously proportioned bedrooms and full bathrooms offer convenience and functionality for everyday living. Amazing location- all services conveniently close by, yet tucked away for privacy, safety, and serenity. Located in West Palm Beach, top 4th floor with unobstructed views from every bedroom window and the balcony. This is perfect opportunity for Handymen/DIYers and Investors to remodel to your liking, Seller is open for all offers!
Full Property Details
Full Property Details for 505 Spencer Dr #407
General
- Price: $145,000
- HOA FEE: $772/month
- Taxes: $3,097 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: B26056562
- Updated: 9/14/2026
- Added to Site: 60 day(s) ago
Interior
- Interior Features: Elevator, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Oven, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside, In Kitchen, Main Level, Washer Dryer Install Allowed
Additional Information
- Shared Amenities: Clubhouse, Pool, Parking, Security, Sidewalks, Trash, Elevator(s)
- Pool: Yes
- Pool Description: Association
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Covered, Screened, Balcony
Parking
- Attached garage: Yes
- Total Spaces: 1
- Parking Features: Attached, Covered, Garage
Location
- County: Palm Beach
- Subdivision: SPENCER PLACE CONDO
- Direction Faces: North
School Information
- Elementary School: Westward
- Middle School: Bear Lakes
- High School: Palm Beach Lakes
Community
- Community Name: 5410
- Association: Yes
- Assoc. Name: Spencer Place Condominium Association
- Assoc. Fees Include: Common Areas, Insurance, Maintenance Grounds, Pest Control, Pool(s), Trash, Water
- Units Assoc/Comm: 52
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Other
- Structure Type: Multi Family
- Construction: Block
- Roof: Other
- Entry Floor Number: 4
- Entry Location: Opposite the pool
- Stories/Levels: 1
- Building Size: 1081
- Square Feet: 1,081
- Sq. Ft. Source: Public Records
- Living Area: 1,081 Sq. Ft.
- Year Built: 1977
- Property Condition: Resale, Fixer
Lot Features
- Property View: City
- Zoning: MF32 (city)
Financial Considerations
- Association Fee: $772
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,097
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Legal Description: SPENCER PLACE COND UNIT 407
- Property ID: 74434319140004070
Listed by Paradise Real Estate Intl
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Schools
Schools serving 505 Spencer Dr #407
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 #407
Date
Details
Price
Change
Source
7/25/2026
Listed
$145,000
—
MLS
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 #407
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,097
-5%
$141,000
-5%
2024
$3,255
558%
$149,000
280%
2023
$495
4%
$39,195
3%
2022
$475
4%
$38,053
3%
2021
$456
—
$36,945
1%
2021
$456
5%
$36,435
2%
2019
$433
19%
$35,616
2%
2018
$363
11%
$34,952
2%
2017
$326
4%
$34,233
2%
2016
$313
—
$33,529
1%
2015
$313
—
$33,296
1%
2014
$312
4%
$33,032
1%
2013
$301
—
$32,544
—
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 #407
505 Spencer Drive #407, West Palm Beach, FL 33409 (MLS# B26056562) is a Condo property with 2 bedrooms and 2 full bathrooms. 505 Spencer Drive #407 is currently listed for $145,000 and was received on July 25, 2026. Want to learn more about 505 Spencer Drive #407? 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.

