$115,000
Sold · March 19, 2026
505 Spencer Drive 208
West Palm Beach, FL 33409
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $115,000
- Vs. list price
- 17.9% under
- Days on market
- 175
- Price per sq ft
- $179
This 1-bedroom condo in Spencer Place Condo sold for $115,000 on March 19, 2026. That was 17.9% below its final list price of $140,000. It spent 175 days on the market. At $179 per square foot, it closed 27% above the $141 median of the 3 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $115,000
- Sold On
- March 19, 2026
- Days on Site
- 175 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 643 sqft
- Total Sq Ft
- 643 sqft
- Year Built
- 1977
- Property Type
- Condo
- MLS #
- R11122365
- Property Tax
- $254 (2024)
- HOA Fees
- $513 / Monthly
- Subdivision
- SPENCER PLACE CONDO
- County
- Palm Beach
- Status
- Sold
About This Property
Cozy one bedroom condo on second floor at Spencer Place, Balcony is overlooking Pool Area and and has a city view, it is in walking distance to Cardinal Newman Highschool, restaurants and entertainment. Best location in West Palm Beach, close to the Outlet Mall and downtown CityPlace.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1977
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Direction Faces
- Northeast
- Living Sq Ft
- 643
- Total Sq Ft
- 643
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- MF32(c
Interior Features
- Appliances
- Dryer / Electric Range / Electric Water Heater / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile
- Interior Features
- None
- Laundry
- Inside
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Total Rooms
- 5
- Furnished
- Unfurnished
Exterior Features
- Construction
- Brick / Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Balcony
- Waterfront Features
- None
Community & HOA
- HOA Fee
- $513 / Monthly
- HOA Includes
- Maintenance Grounds
- Association Amenities
- Pool / Elevators
- Community Features
- Home Owners Association
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Cats Ok / Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Lease2nd Year Owned / No Rv / No Truck
- MLS Area
- 5410
Schools
- Elementary School
- Westward
- Middle School
- Bear Lakes
- High School
- Palm Beach Lakes
About the Community
Spencer Place Condo is a community in West Palm Beach, Palm Beach County, Florida. Active listings are priced from $159,000 to $199,995. Homes were built starting 1977. Pure Equity lists homes in Spencer Place and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Median List Price
- $145,000
- Median $/Sq Ft
- $134
- Avg Days on Market
- 90
Frequently Asked Questions
- How do I schedule a tour of 505 Spencer Drive 208, West Palm Beach, FL 33409?
- Use the Tour button on this listing to request a showing of 505 Spencer Drive 208, West Palm Beach, FL 33409. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 505 Spencer Drive 208, West Palm Beach, FL 33409 still available?
- 505 Spencer Drive 208, West Palm Beach, FL 33409 is currently listed as Sold, and has been on the market 175 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 505 Spencer Drive 208, West Palm Beach, FL 33409?
- With 20% down ($28,000) on the $140,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 505 Spencer Drive 208, West Palm Beach, FL 33409 is about $736/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 505 Spencer Drive 208, West Palm Beach, FL 33409?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 505 Spencer Drive 208, West Palm Beach, FL 33409. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 505 Spencer Drive 208, West Palm Beach, FL 33409 have an HOA fee?
- Yes: 505 Spencer Drive 208, West Palm Beach, FL 33409 carries an HOA fee of about $513 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 505 Spencer Drive 208, West Palm Beach, FL 33409?
- 505 Spencer Drive 208, West Palm Beach, FL 33409 is zoned for Westward (elementary), Bear Lakes (middle), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 505 Spencer Drive 208, West Palm Beach, FL 33409?
- Often, yes. The right offer on 505 Spencer Drive 208, West Palm Beach, FL 33409 depends on how it's priced against comparable condo sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Illustrated Properties LLC (Jupiter)
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$115,000
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Listed by Magdalena Martin, Illustrated Properties LLC (Jupiter)
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Recent Sales
Recently sold homes in Spencer Place Condo
These are the last 3 recorded closings in Spencer Place Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $141 per square foot. The most recent closed on September 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$149,000
Sold · September 2, 2026
505 Spencer Drive 410
2 bed · 2 bath · 1,081 sqft · $138/sqft
Sold$152,000
Sold · July 27, 2026
505 Spencer Drive 309
2 bed · 2 bath · 1,081 sqft · $141/sqft
$8,000 under the asking price
Sold$165,000
Sold · February 18, 2026
505 Spencer Drive 207
2 bed · 2 bath · 1,081 sqft · $153/sqft
$20,000 under the asking price
See every recorded sale in Spencer Place Condo or find out what your Spencer Place Condo home is worth.
