$269,800
$20K PRICE DROP

505 5th Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood

Estimated payment $2,470/month

Total Views 1,502
2 Beds
2.5 Baths
1,236 Sq Ft
$218 Price per Sq Ft

Highlights

  • Community Pool
  • Balcony
  • Open Patio
  • Tennis Courts
  • Walk-In Closet
  • Park

About This Home

Come live in this bright townhouse in the Villages of Sandalwood. Minutes to the new outlet mall, beaches, city place and downtown. This unit has updated floors, stainless steel appliance, newer AC, completely renovated. Dual sinks and walk-in closet in master bedroom. private fenced patio, balconies in both bedrooms, each bedroom has it's bathroom. Eat-in Kitchen area. Granite countertops. Community offers 3 swimming pools, playgrounds, tennis, basketball and picnic areas. Seller is offering to pay lender points to buy down interest rate.

Listing Agent

Nader Goubran

United Properties of SE FL License #3036293 Listed on: 09/12/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,370

Year Built

  • Built in 1983

Lot Details

  • Fenced

HOA Fees

  • $605 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74424301070000294

Community Details

Overview

  • Association fees include cable TV, insurance, water
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,370

Year Built

Built in 1983

Lot Details

0

HOA Fees

$605 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: Village Blvd to Liberty Oak Ave to 5Th Way
  • Year Built: 1983
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1236.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 605.0
  • Community Features: Non-Gated, Park, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Water

Lot Info

  • Parcel #: 74424301070000294
  • Zoning Description: RPD(ci

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5370.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,370 $225,675 -- --
2024 $5,370 $240,609 -- --
2023 $5,082 $225,609 $0 $225,609
2022 $3,859 $156,742 $0 $0
2021 $3,476 $142,493 $0 $142,493
2020 $3,222 $130,493 $0 $130,493
2019 $3,187 $127,493 $0 $127,493
2018 $2,928 $122,405 $0 $122,405
2017 $2,684 $111,405 $0 $0
2016 $2,498 $101,405 $0 $0
2015 $2,063 $75,511 $0 $0
2014 $1,806 $68,646 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2025 12/11/25 Price Changed $269,800 0.0% $218 / Sq Ft
12/03/2025 12/03/25 Price Changed $269,900 0.0% $218 / Sq Ft
11/10/2025 11/10/25 Price Changed $2,250 0.0% $2 / Sq Ft
11/10/2025 11/10/25 For Rent $2,250 -6.3% --
11/08/2025 11/08/25 Off Market $2,400 -- --
11/04/2025 11/04/25 Price Changed $2,250 0.0% $2 / Sq Ft
11/04/2025 11/04/25 Price Changed $275,000 -1.8% $222 / Sq Ft
10/28/2025 10/28/25 Price Changed $279,900 -1.8% $226 / Sq Ft
10/17/2025 10/17/25 Price Changed $285,000 0.0% $231 / Sq Ft
10/14/2025 10/14/25 Price Changed $2,295 -2.3% $2 / Sq Ft
10/10/2025 10/10/25 For Rent $2,350 0.0% --
10/09/2025 10/09/25 Price Changed $289,000 0.0% $234 / Sq Ft
10/06/2025 10/06/25 Price Changed $2,400 0.0% $2 / Sq Ft
10/04/2025 10/04/25 Off Market $289,500 -- --
10/03/2025 10/03/25 Price Changed $289,500 0.0% $234 / Sq Ft
10/03/2025 10/03/25 For Sale $289,500 -0.1% $234 / Sq Ft
09/26/2025 09/26/25 Price Changed $289,900 0.0% $235 / Sq Ft
09/18/2025 09/18/25 Price Changed $289,999 0.0% $235 / Sq Ft
09/12/2025 09/12/25 For Sale $290,000 0.0% $235 / Sq Ft
09/04/2025 09/04/25 For Rent $2,450 +22.5% --
09/01/2022 09/01/22 Rented $2,000 0.0% --
07/29/2022 07/29/22 For Rent $2,000 +37.9% --
10/04/2017 10/04/17 For Rent $1,450 0.0% --
10/04/2017 10/04/17 Rented $1,450 0.0% --
04/13/2016 04/13/16 For Rent $1,450 0.0% --
04/13/2016 04/13/16 Rented $1,450 0.0% --
03/25/2016 03/25/16 Sold $149,000 -2.0% $121 / Sq Ft View Prior Sale
03/22/2016 03/22/16 For Sale $152,000 +48.0% $123 / Sq Ft
11/30/2015 11/30/15 Sold $102,709 -5.1% $83 / Sq Ft View Prior Sale
10/31/2015 10/31/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $108,200 -- $88 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $149,000 Harboor Land Title Llc
Warranty Deed $149,000 Harboor Land Title Llc
Special Warranty Deed $98,000 Premium Title Services Inc
Trustee Deed $96,800 None Available
Warranty Deed $76,500 Fidelity National Title Ins
Deed $100 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,025 No Value Available
Closed $6,500 No Value Available
Source: Public Records

Source: BeachesMLS

MLS Number: R11123404

BeachesMLS

APN: 74-42-43-01-07-000-0294

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

505 5th Way, West Palm Beach, FL

For Sale

Townhouses

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Listing Agent
Nader Goubran
Section Image
United Properties of SE FL
(561) 816-4092