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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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505 Spencer Dr 315 , West Palm Beach, FL 33409
$140,000
Est. Payment: $725.69/mo
2 Bed
1.5 Bath
1025 Sqft
Status: active | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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!

Highlights

Listed by Maria Skolnick , 954-200-2217 LoKation , 954-545-5583. REALTOR Association of Greater Miami and the Beach

Property Type

Condo/Townhome

HOA Fee

771 Monthly

Year Built

1977

County

Palm Beach

Area

5410

Neighborhood

Spencer Place Condo

Listing ID

A12057977

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1.5
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Dryer, Disposal, Washer
Air Cond:Central Air
Fireplaces:
Floor:Laminate
Other:Bedroom on Main Level,Elevator,Stacked Bedrooms,Third Floor Entry,Walk-In Closet(s)

Exterior Features

Parking Features:Assigned,Covered,Guest,One Space
Principal Interest
$726
Taxes
$214
HOA
$771

Home Price

$140,000

Loan Details

30 yrs
6.74%

Down Payment

20%
$28,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$725.69

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $725.69 $214.25 $771.00 $1,710.94
Yearly $8,708.23 $2,571.00 $9,252.00 $20,531.23
Total $261,246.79 $77,130.00 $277,560.00 $615,936.79

Today's Rates

30 Year

6.74%

20 Year

6.26%

15 Year

6.16%

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Market insight data is pulled from the same city as the listing being viewed (West Palm Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T05:56:59.000Z

© 2026 REALTOR Association of Greater Miami and the Beach