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$139,999

  • For Sale
  • Under Contract
  • Condo / Townhouse
  • 1 Bed
  • 1 Full Bath
  • 643 Sq. Ft.
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Experience elevated living in this top-floor residence at 505 Spencer Drive. Enjoy complete privacy with no neighbors above, abundant natural light, and serene views. Ideally located just minutes from CityPlace (Rosemary Square) in downtown West Palm Beach, you'll have world-class dining, shopping, and pristine Palm Beach beaches at your fingertips. The nearby Lake Trail invites you to bike or stroll along a scenic route lined with majestic trees, historic mansions--including Henry Flagler's Sea Gull Cottage--and sweeping views of the Intracoastal Waterway. With easy access to I-95, Okeechobee Blvd, and Palm Beach Lakes Blvd, this residence offers both luxury and convenience in one of the area's most desirable locations.⚠️ Please note: the AC is currently not in working cond

Full Property Details for 505 Spencer Dr #406

General

  • Price: $139,999
  • HOA FEE: $513
  • Taxes: $279 (2025)
  • Status: Under Contract
  • Type: Condo /Townhouse
  • Source: Regional
  • MLS ID: RX-11127938
  • Updated: 1/3/2026
  • Added to Site: 113 day(s) ago

Interior

  • Rooms/Areas: None
  • Interior Features: Elevator
  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Washer/Dryer Hookup
  • Furnishings: Unfurnished
  • Flooring: Concrete

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom/Bathroom: None
  • Primary Bedroom: Estimated, 10 x 10

Other Rooms

  • Living Room: Estimated, 12 x 13
  • Kitchen: Estimated, 10 x 8

Additional Information

  • Shared Amenities: Elevator, Internet Included, Picnic Area, Pool
  • Shared Pool: Yes
  • Maint. Includes: Cable, Common Areas, Sewer, Water
  • Security/Safety: Entry Phone, Lobby

Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Guest

Location

  • Area: 5410, PB23
  • County: Palm Beach
  • Subdivision: Spencer Place Condo
  • Driving Directions: Palm Beach Lakes to Spencer left at light, Building to right. Okeechobee Blvd right on Spencer Building on left.

School Information

  • Elementary School: Westward Elementary School
  • Middle School: Bear Lakes Middle School
  • High School: Palm Beach Lakes High School

Community

  • Home Owners Assn.: Mandatory
  • Governing Bodies: Condo

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Utilities

  • Utility Description: Cable, Electric, Public Sewer, Public Water

Structural Information

  • Description/Design: < 4 Floors
  • Construction: Block, Brick, CBS
  • Square Feet: 643
  • Sq. Ft. Source: Tax Rolls
  • Year Built: 1977

Unit Information

  • Units in Building: 52
  • Unit Floor in Bldg.: 406
  • Unit Description: Penthouse

Lot Features

  • Property View: Pool
  • Zoning: MF32--MULTIFAMI

Water Features

  • Water Front Desc.: None

Financial Considerations

  • Price Per Sq. Ft.: $217.72
  • Assoc Fee /Month: $513
  • Application Fee: $150
  • Tax Amount: $279
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SPENCER PLACE COND UNIT 406
  • Restrictions: Buyer Approval, No Lease First 2 Years, No RV, No Truck, Tenant Approval
  • APN: 74434319140004060

Listed by Scuttina Signature Real Estate Group, LLC

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Listing agent

— 505 Spencer Dr #406 —

  • Scuttina Signature Real Estate Group, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 505 Spencer Dr #406

School District:Palm Beach County School District
NameGradesDistance
Westward Elementary School
1101 Golf Avenue, West Palm Beach, FL 33401
PK-51.6 mi
Bear Lakes Middle School
3505 Shenandoah Road, West Palm Beach, FL 33409
6-81.8 mi
Palm Beach Lakes High School
3505 Shiloh Drive, West Palm Beach, FL 33407
9-123.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 Spencer Dr #406 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/09/2025
Price Reduced
$139,999
-6.67%
MLS
10/01/2025
Listed
$150,000
—
MLS
Get Price Alerts and Save Property
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 for 505 Spencer Dr #406

Year
Property Taxes
Change
Tax Assessment
Change
2025
$279
10%
$28,084
3%
2024
$254
9%
$27,293
3%
2023
$234
9%
$26,498
3%
2022
$215
10%
$25,726
3%
2021
$196
—
$24,977
1%
2021
$196
-1%
$24,632
2%
2019
$198
34%
$24,078
2%
2018
$148
20%
$23,629
2%
2017
$123
1%
$23,143
2%
2016
$122
—
$22,667
1%
2015
$122
-2%
$22,509
1%
2014
$125
—
$22,330
2%
2013
$125
—
$22,000
—
View All
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 for 505 Spencer Dr #406

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Scuttina Signature Real Estate Group, LLC

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505 Spencer Drive, Unit #406, West Palm Beach, FL 33409 (MLS# RX-11127938) is a Condo / Townhouse property with 1 bedroom and 1 full bathroom. 505 Spencer Drive, Unit #406 is currently listed for $139,999 and was received on September 29, 2025. Want to learn more about 505 Spencer Drive, Unit #406? Do you have questions about finding other Condo / Townhouse 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.

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