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$129,000

505 Spencer Dr

West Palm Beach, FL
Active
2
Bedrooms
1.5
Bathrooms
1,025
Square Feet
1977
Year Built
86
Days On Market

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!

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Listing Information

Listing Updated
08/26/2026
Listed By
Maria Skolnick, 9542002217 · LoKation, 9545455583
MLS#
A12057977
Source
MIAMI REALTORS MLS
Status
Active

Facts & Features

Location

Community Information

Address
505 Spencer Dr #315, West Palm Beach, FL 33409
City
West Palm Beach
County
Palm Beach
Neighborhood
SPENCER PLACE CONDO
Zip Code
33409

Architecture

Bedrooms
2
Bathrooms
1.5
Stories
4
Year Built
1977
Style
Other
Construction Materials
Block
Building Area
1,025 sq. ft.
Garage
Yes
Garage Spaces
1
Parking Features
Covered, Assigned, Guest

Features & Amenities

Interior Features
Walk-In Closet(s), Elevator, Master Downstairs
Appliances
Dryer, Washer, Disposal
Flooring
Laminate
Exterior Features
None
Cooling
Central Air
Heating
Central

Property Features

View
Other

Square Footage

Total
1,025 sq. ft.

Tax & Financial Information

List Price
$129,000
Annual Taxes
$2,571
Association Fee
$771 (paid Monthly)
Fee Includes
Trash, Water, Sewer, Cable TV, Pest Control
Association Amenities
Clubhouse, Pool, Management, Elevator(s), Parking

Schools

100/100
Westward Elementary School
Elementary · Grades PK–05 · 1.6 mi
City
West Palm Beach
Students
569
Student body
92% Black · 5% Hispanic / Latino · 1% White
Free/reduced lunch
93%
Phone
(561) 653-5200
75/100
Renaissance Charter School At West Palm Beach
Elementary · Grades KG–08 · 0.6 mi
City
West Palm Beach
Students
983
Parent reviews
5.0★ avg · 2 reviews
Student body
65% Black · 24% Hispanic / Latino · 6% White
Free/reduced lunch
0%
Phone
(561) 839-1994
75/100
Learning Path Academy
Elementary · Grades PK–05 · 1.9 mi
City
West Palm Beach
Students
186
Student–teacher
8.8
Student body
67% Hispanic / Latino · 17% Black · 14% White
Free/reduced lunch
95%
Phone
(561) 444-9832
74/100
Gold Coast Community School
7th & Above · Grades 06–10 · 1 mi
City
West Palm Beach
Students
79
Student–teacher
6.0
Student body
49% Black · 39% Hispanic / Latino · 9% White
Free/reduced lunch
95%
Phone
(561) 687-6300
66/100
North Area Elementary Transition School
Elementary · Grades 03–05 · 1 mi
City
West Palm Beach
Students
3
Student–teacher
1.5
Student body
100% Black
Phone
(561) 687-6300
55/100
West Gate Elementary School
Elementary · Grades PK–05 · 0.7 mi
City
West Palm Beach
Students
773
Parent reviews
3.0★ avg · 4 reviews
Student body
84% Hispanic / Latino · 10% Black · 5% White
Free/reduced lunch
95%
Phone
(561) 684-7100
53/100
Catapult Academy
High · Grades 09–12 · 1.3 mi
City
West Palm Beach
Students
117
Student body
59% Black · 26% Hispanic / Latino · 10% White
Free/reduced lunch
35%
Phone
(561) 899-4353
52/100
Connections Education Center Of The Palm Beaches
Elementary · Grades PK–08 · 1.1 mi
City
West Palm Beach
Students
77
Student body
42% Hispanic / Latino · 31% Black · 21% White
Free/reduced lunch
81%
Phone
(561) 328-6044

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/10/2026Price change$129,000
07/23/2026Listed for sale$140,000

Listed by Maria Skolnick · LoKation · 9545455583

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, MIAMI REALTORS MLS. All rights reserved.

Last Updated: August 26, 2026 at 10:31 PM | Source: MIAMI REALTORS MLS | MLS#: A12057977

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