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Active - Condominium for sale

505 Spencer Dr # 315, West Palm Beach FL 33409

2 bds|1 bth + 1 half|1,025 sqft

Facts & features

Condominium Property type
115 days on Beycome
1977 Year built
$126 Price/Sqft.
1 car garage Parking
$771/mo HOA

Why you’ll love it

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!

Translating description...

Listings courtesy of LoKation.

Listed by: Maria Skolnick • 954-200-2217 • LoKation

Co-listed by: LoKation

Source: Miami MLS, MLS#: A12057977 Miami MLS logo

Based on info available as of Nov 14, 2026 at 6:44 PM EST.

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Affordability

$85,000$175,000
1%20%
0%90%
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Estimated monthly payment

$1,638/mo

  • Mortgage$652
  • Property tax$214
  • HOA fee
  • Homeowners insurance
Due at closing$102,555
Down payment held in escrow$25,800
Closing costs$1,935
beycome credit Est.$2,580

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$2,580 Credit back

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Travel times

About Spencer Place Condo

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 14, 2026 at 06:44pm EST.

$129,000 Listed price

Make a winning offer, and get up to

$2,580 Credit back

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