Listing Information

MLS Number: A11962479
Status: Active
Unit Number: 101
Building Name: Spencer Place Condo
Building Address: 505 Spencer Dr, West Palm Beach, Palm Beach, FL 33409
Unit Size: 1,033 sq ft
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 0
Parking: 1 Space
View:
List Price: $199,995 ($194 PPSF)
Valuated Price: $181,000 ($175 PPSF)

Floor Plan

Floor Plan

Building Information

Spencer Place

Number of units: 52
Building inventory for rent: 0 (0%)
Building inventory for sale: 2 (4%)
Number of sales over the last 12 months: 3
Number of sales over the last 6 months: 3
Number of sales over the last 3 months: 3

Building Association

Spencer Place Condominium
505 Spencer Drive # 1
West Palm Beach, FL 33409-3655
(561) 686-5092

Link: https://

Recent Sales

Unit # Size Closing Date Sale Price PPSF
208 643 sq ft Mar 2026 $115,000 $179
207 1,081 sq ft Feb 2026 $165,000 $153
207 1,081 sq ft Feb 2026 $165,000 $153

Market Information

Building vs City

Spencer Place: $183/sq. ft.
West Palm Beach: $479/sq. ft.

City vs County

West Palm Beach: $479/sq. ft.
Palm Beach: $456/sq. ft.

Spencer Place inventory for sale: 3%
West Palm Beach inventory for sale: 5%
Palm Beach inventory for sale: 6%

Avg. time to close over last 12 months

Spencer Place: 92 days
West Palm Beach: 69 days
Palm Beach: 78 days

Building Photo

Aerial photo
Built in 1977 - 52 units - 4 floors

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Listing A11962479 data provided by Miami Association of Realtors.