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505 Spencer Dr 315, West Palm Beach FL 33409
505 Spencer Dr 315, West Palm Beach FL 33409
Florida>West Palm Beach>Palm Beach Lakes South

505 Spencer Dr 315West Palm Beach, FL 33409

For Sale

$140,000

Smart Buyer Rebate - Ask

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!

Listed by Maria Skolnick

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License #3252715

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LoKation

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954-200-2217

Last updated July 28, 2026

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Source: MIAMIRE #A12057977

Listing Facts

  • TypeCondo
  • NeighborhoodPalm Beach Lakes South
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu8
  • HOA/Maint. Fees$771/month
  • Taxes$2,571/year
  • Size1,025 sqft
  • Price per sqft$137

Amenities

  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Elevator
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/23/2026
Listed by LoKation
$140,000

Property Details for 505 Spencer Dr 315

Association

Amenities

  • Association Amenities: Community Room, Exterior Lighting, Pool
  • Pets Allowed: No

Fees

  • Association Fee: $771.00 Monthly
  • Association Fee Includes: All Amenities, Cable Tv, Elevator, Manager, Parking, Pest Control Interior, Pool Service, Sewer, Trash Removal, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 4
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built: 1977
  • Year Built Details: Effective Year Built
  • Architectural Style: Corner Unit
  • Building Name: Spencer Place Condominium
  • Construction Materials: CBS Construction
  • Entry Level: 3
  • Exterior Features: Other, West Of Us1, None

Features

  • View: Other View

Measurements

  • Building Area Total: 1,025
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 74434319140003150
  • Tax Annual Amount: $2,571.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Disposal, Dryer, Washer
  • Interior Features: Third Floor Entry, Elevator, Stacked Bedroom, Walk-In Closet(s)

Measurements

  • Living Area: 1,025
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2

Other

Location

  • Subdivision Name: SPENCER PLACE CONDO

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: 1 Space, Assigned, Covered, Guest, Limited # Of Vehicle

Schools

Elementary School

  • Elementary School: Westward

High School

  • High School: Palm Beach Lakes

Middle or Junior School

  • Middle Or Junior School: Bear Lakes

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 505 Spencer Dr 315.

What schools are nearby to 505 Spencer Dr 315?

Nearby schools include the Westward Elementary School, Bear Lakes Middle School, and Palm Beach Lakes High School.

Does this condo have parking?

Yes, there is 1 parking space available for 505 Spencer Dr 315.

Are pets allowed at 505 Spencer Dr?

Yes, 505 Spencer Dr allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 505 Spencer Dr 315?

Annual taxes for this condo are estimated at $2,571.

How does 505 Spencer Dr 315 compare to other condos in Palm Beach Lakes South?

This condo is listed 14% below the average price for condos in Palm Beach Lakes South and has been on the market for 66 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Spencer Place Condominium building.

What is the square footage on this condo?

According to the MLS, this listing is 1,025 sqft.

505 Spencer Dr 315 is a 2-bedroom, 2-bath condo for sale in West Palm Beach FL 33409. On Prevu for 8 days at $140,000. This property features 1,025 square feet of living space, located in Palm Beach Lakes South. The median listing price for condos in this area is $291,250. Nearby schools include Westward Elementary School, Bear Lakes Middle School, and Palm Beach Lakes High School. The home offers pets allowed, elevator, air conditioning, parking, swimming pool, and washer/dryer. Browse more condo listings in West Palm Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.