
505 Spencer Dr # 315, West Palm Beach, FL 33409
West Palm Beach, FL 33409 · Spencer Place Condominium
About 505 Spencer Dr # 315, West Palm Beach, FL 33409
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!
How This Listing Compares in West Palm Beach
Per square foot, it is asking 53% below the West Palm Beach median for sales closed over the last twelve months — worth a closer look at condition, floor and association costs.
| This home | West Palm Beach median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $126 | $269 |
| 2-bedroom price | $129,000 | $265,000 |
| Days on market | 34 | 50 |
Medians from closed MLS sales in West Palm Beach; a starting point, not an appraisal.
Home Features at 505 Spencer Dr # 315, West Palm Beach, FL 33409
- Bathrooms Full
- 1
- Bathrooms Half
- 1
- Interior Features
- Third Floor Entry, Elevator, Stacked Bedroom, Walk-In Closet(s)
- Appliances
- Disposal, Dryer, Washer
- Heating
- Central
- Cooling
- Central Air
- Architectural Style
- Corner Unit
- Garage Spaces
- 1
- Parking Features
- 1 Space, Assigned, Covered, Guest, Limited # Of Vehicle
- Pool Private
- No
- Year Built Details
- Effective Year Built
The Building at 505 Spencer Dr # 315, West Palm Beach, FL 33409
- Building Name
- Spencer Place Condominium
- Building Area Total
- 1025
- Building Area Units
- Square Feet
- Stories Total
- 4
- Entry Level
- 3
- Association
- Yes
- Association Fee
- $771
- Association Fee Frequency
- Monthly
- Association Amenities
- Community Room, Exterior Lighting, Pool
- Pets Allowed
- No
- Security Features
- Phone Entry, Intercom In Lobby
Lot, Views & Construction at 505 Spencer Dr # 315, West Palm Beach, FL 33409
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- Other View
- Construction Materials
- CBS Construction
- Exterior Features
- Other, West Of Us1, None
- New Construction
- No
Taxes & Public Record for 505 Spencer Dr # 315, West Palm Beach, FL 33409
- Parcel Number
- 74434319140003150
- Tax Annual Amount
- $2,571
- Tax Year
- 2,025
- Tax Legal Description
- SPENCER PLACE COND UNIT 315
- County Or Parish
- Palm Beach County
Assigned Schools for 505 Spencer Dr # 315, West Palm Beach, FL 33409
- Elementary School
- Westward
- Middle School
- Bear Lakes
- High School
- Palm Beach Lakes
School assignments are provided by the listing and should be independently verified.
Map & Neighborhood
505 Spencer Dr # 315, West Palm Beach, FL 33409
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505 Spencer Dr # 315, West Palm Beach, FL 33409 at a Glance
Offered for sale in West Palm Beach 33409, 505 Spencer Dr # 315 is a condo with 2 bedrooms, 2 bathrooms, about 1,025 square feet of living space, dating to 1977. The asking price is $129,000, on the market since July 23, 2026, with LoKation as the listing brokerage. Students here are assigned to Westward, Bear Lakes and Palm Beach Lakes. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.