505 Spencer Drive, Unit 402

West Palm Beach, FL 33409

$185,000
Price
2
Beds
1
Bath
1
1/2 Bath
1,079 Sq. Ft.
$171 / Sq. Ft.
1,079
Sq. Ft.
$171
per Sq. Ft.

Description

Clean and ready for the next owner. This condo offers 2 bedrooms and 1.5 bathrooms located just minutes from downtown west palm beach, cityplace, rosemary square, palm beach outlets, fine dining, hospitals, i-95, airport, and train stations for amtrak & brightline. Sold as-is. No leasing the first 2 years of ownership. Condo fees includes: cable, water, common grounds, elevator, insurance building, janitor, lawn care, exterior maintenance, pool, roof maintenance, trash removal. Covered parking, gated...Clean and ready for the next owner. This condo offers 2 bedrooms and 1.5 bathrooms located just minutes from downtown west palm beach, cityplace, rosemary square, palm beach outlets, fine dining, hospitals, i-95, airport, and train stations for amtrak & brightline. Sold as-is. No leasing the first 2 years of ownership. Condo fees includes: cable, water, common grounds, elevator, insurance building, janitor, lawn care, exterior maintenance, pool, roof maintenance, trash removal. Covered parking, gated entrance for privacy & security.
  1. Listed by Nam Luong • Vista Realty

Property Details for 505 Spencer Drive, Unit 402

Subdivision Name
SPENCER PLACE
Complex Name
SPENCER PLACE
Style
Condo 1-4 Stories
Waterfront
No
View
Other View
Unit View
Other View

Location

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LISTING UPDATED: 04/23/2024 03:59 PM

Property Details for 505 Spencer Drive, Unit 402

StatusActive
MLS #F10412279
Days on Market115
Taxes$2,192 / year
HOA Fees$727 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1977
CountyPalm Beach County

Building

SPENCER PLACE

52 Units4 StoriesBuilt in 1977

Location

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Building Information for 505 Spencer Drive, Unit 402

Building/ComplexSPENCER PLACEFloor4Stories4Residences52Pet PolicyNot AllowedYear Built1977

Payment Calculator

$1,919 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,010

Property Taxes

$183

HOA Dues

$727

The Payment Calculator is for illustrative purposes only.

Property Information for 505 Spencer Drive, Unit 402

General Information
General Information
  • Sq Ft Liv Area: 1079.0
  • Pets Allowed: No
  • Township Range: 43
  • Street Number Numeric: 505
  • Street Number: 505
  • Street Name: Spencer Dr
  • County Or Parish: Palm Beach County
  • Postal Code: 33409
  • City and Location Text: West Palm Beach
  • Accessibility Features: Other Interior Features
  • Pets On Premises YN: No
  • City Postal ID: 33409
Maintenance / Tax Information
  • Maintenance Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Landscaping/Lawn Maintenance, Roof Repairs, Sewer, Trash Removal, Water
  • Tax Amount: $2,192
  • Tax Information: Tax Reflects No Exemptions
  • Tax Year: 2022
Building Information
  • Property Detached: No
  • Property Type: Condo/Co-Op/Villa/Townhouse
  • Subdivision Complex Bldg: SPENCER PLACE
  • Total Floors In Building: 4
  • Type of Governing Bodies: Condominium
  • Type of Property: Condo
  • Year Built Numeric: 1977
  • Year Built Description: Resale
  • MLS Area: 5410
Virtual Tour / Features / Utilities
Interior
  • Amenities: Other Amenities, Pool
  • Room Count: 0
  • Equipment Appliances: Electric Range, Elevator, Refrigerator
  • Floor Description: Carpeted Floors, Ceramic Floor
  • Interior Features: Other Interior Features
  • Unit Design: Other
  • Unit Floor Location: 4
  • Flooring: Carpeted Floors, Ceramic Floor
Exterior
  • Exterior Features: Open Balcony
  • Construction Type: Cbs Construction
  • Construction: Cbs Construction
Room Information
  • Bedroom Description: At Least 1 Bedroom Ground Level
  • Beds Total: 2.0
  • Num of Full Baths: 1.0
  • Num of Half Baths: 1.0
  • Main Level Bedrooms: 1
  • Main Level Bathrooms: 1
Parking
  • Parking Description: 1 Space, Guest Parking, Parking-Under Building
  • Carport Spaces: 0
Utilities
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat
  • Laundry Appliances: Washer/Dryer Hookup
Property / Lot Information
Building Information
  • Type of Association: Condo
  • Num Carport Spaces: 0
  • Num Garage Spaces: 0
  • Unit Number: 402
  • Stories: 4
Community Information
  • Housing Older Persons Act: No HOPA
  • Association Fee: $727
  • Assoc Fee Paid Per: Monthly
  • Gated Community YN: No
  • Property Management: No
Location Information
  • Area: 5410
  • Directions: Okeechobee Blvd to Spencer Drive, turn Right on Spencer Drive, property on left. Look for Jose Perez name in the callbox and dial the numbers next to the name for building entry.
  • Geographic Area: Palm Beach 5400; 5410; 5450
  • Parcel Number Free Text: 74434319140004020
  • Section: 19
  • State: FL
Lot Information
  • Land Lease Amount: $0
Rent Information
Rent Information
  • Application Fee: $100
  • Minimum Num of Days for Lease: 365
  • Rec Lease Month: $0
Rent Status
  • Other Fees: $100

Property History for 505 Spencer Drive, Unit 402

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Spencer Drive, Unit 402

Taxable ValueLand-Additions$146,000Total-
Tax Record2023$3,211 ($268 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,079 SqFtAbove Grade Finished SqFt1,079 SqFtStyleCondominiumYear Built1977CountyPALM BEACHAPN74-43-43-19-14-000-4020

Schools near 505 Spencer Drive, Unit 402

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Westward Elementary School
PublicPK to 5

Bear Lakes Middle School
Public6 to 8

Palm Beach Lakes High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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505 Spencer Drive, Unit 402 is a condo for sale in West Palm Beach, FL 33409. This property was listed for sale on December 4, 2023 by Vista Realty, it's currently listed at $185,000. It has been on the market for a total of 115 days and was last sold on February 27, 2017. This listing's school district is Palm Beach. Nearby schools include Westward Elementary School, Bear Lakes Middle School and Palm Beach Lakes High School. 505 Spencer Drive, Unit 402 is a 2-bed, 1.5-bath, 1,079 sqft condo built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vista Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.