$129,000

505 SPENCER DR #315, WEST PALM BEACH, FL 33409

2 beds1.5 baths1,025 sq ftCondo or villaBuilt 1977
Updated today, November 3, 2026

This home against Palm Beach Lakes South

$126 per sq ft, 63% under the Palm Beach Lakes South median
105 days on the market
Price cut $11,000 since it was listed at $140,000
$2,571 in property taxes (2025)
1 car garage

Palm Beach Lakes South today: 5 homes for sale, median list price $399,000.

About this home

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!

Near this home

Elementary school: West Gate Elementary School, 0.8 mi
Middle school: Bear Lakes Middle School, 1.9 mi
High school: Worthington High School, 1.3 mi
Park: Chillingworth Park, 0.4 mi
Grocery: ALDI, 0.3 mi

Distances from the center of Palm Beach Lakes South, WEST PALM BEACH. Schools are nearest by distance, not an attendance zone.

Listing courtesy of LoKation. MLS# A12057977.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed July 21, 2026.

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